This is a WikiProject, a collaboration area and open group of editors dedicated to improving Wikipedia's coverage of a particular topic, or to organizing some internal Wikipedia process. Please see the Guide to WikiProjects and the Directory of WikiProjects for more information.

Business and Economics portal Shortcut: WP:FINANCE

Finance articles		Importance
		Top	High	Mid	Low	None	Total
Quality
	FA					1	1
	FL		1				1
	GA			1		4	5
	B	14	18	18	9	24	83
	C	3	8	3	11	12	37
	Start	1	21	55	32	100	209
	Stub	5	13	23	132	99	272
	List					16	16
	Assessed	23	61	100	184	256	624
	Unassessed		2		3	457	462
	Total	23	63	100	187	713	1086

The aim of this project is to make Wikipedia an authoritative, current, and useful site for anyone interested in better understanding the field of finance. It aims to make the world a better place by demystifying the workings of financial markets, its actors, and the underlying concepts.

[edit] Scope

Finance is based on fundamental concepts in economics, but also encompasses specific real-world phenomena and business practices. The project will include both corporate finance, i.e., the decisions made by firms that need financing for their business decisions; and investment finance, those who provide financing, expecting some kind of return. The project will deal with risk as it relates to these activities, and also the industry and market structures for finance.

This is indeed a subset of Business and Economics, but since it is such a large, complex, and important field in the world economy and world society, it warrants its own wikiproject.

[edit] Goals and objectives

The goals of this project are to:

• Provide guidelines, recommendations, and standards for articles related to the field of finance and the many related subtopics
• Provide overarching conceptual frameworks to ensure that articles are mutually exclusive and collectively exhaustive, including navigational devices and knowledge taxonomy, as needed
• Provide a forum for discussing topics related to articles about the field of finance

The objectives of this project are to:

• Organize the topical structure of the field, primarily by way of navigational templates
• Recruit additional members
• Identify clear gaps in article topics
• Agree on quality standards and requirements for articles
• Assess and prioritize improvement needs for existing articles
• Bring first article up to Featured Article status

[edit] Assessment

• List of all subpages of this page
• /Assessment

[edit] Participants

If you wish to join this project, please sign below. All participants should feel free to add {{User finance}} to their user pages.

	This user is a member of the WikiProject Finance.

1. --Leifern 19:50, 1 February 2007 (UTC)
2. --DrewWiki 19:54, 1 February 2007 (UTC)
3. --Pgreenfinch 14:26, 6 February 2007 (UTC)
4. --Crocodile Punter 14:48, 11 February 2007 (UTC)
5. --Grace E. Dougle 09:00, 19 February 2007 (UTC)
6. --JQ 23:53, 22 February 2007 (UTC)
7. --AdamSmithee 09:03, 26 February 2007 (UTC)
8.  – Egfrank 08:31, 27 March 2007 (UTC)
9. --The Random Editor 21:10, 31 March 2007 (UTC)
10. --Sufaid 12:42, 12 April 2007 (UTC)
11. --Crzycheetah 05:41, 17 April 2007 (UTC)
12. --Muchris 18:50, 17 April 2007 (UTC)
13. --Shashi
14. --akendall 23 May 2007
15. --Savin Me
16. --Suicup 10:35, 6 June 2007 (UTC)
17. --THF
18. --Smallbones
19. --User:J 07:20, 8 August 2007 (UTC)
20. --Neeraj Shokeen
21. --Ronnotel 02:37, 24 September 2007 (UTC)
22. --User:JB 02:00 EST 25 September 2007
23. --Finnancier 05:02, 29 September 2007 (UTC)
24. --InsideGold 20:25, 18 October 2007 (UTC)
25. --PGPirate 04:54, 31 October 2007 (UTC)
26. --Deepali·Nimbalkar 08:58, 7 November 2007 (UTC)
27. --Pocopocopocopoco 01:36, 2 December 2007 (UTC)
28. --Samiharris 10:18, 2 December 2007 (UTC)
29. Roadrunner (talk) 20:55, 15 December 2007 (UTC)
30. --CoffeeKing 9:42, 18 December 2007 (UTC)
31. Nshuks7 (talk) 16:27, 3 January 2008 (UTC)
32. --E-6B (talk) 16:51, 3 January 2008 (UTC)
33. --Racepacket (talk) 19:48, 17 January 2008 (UTC)
34. --Feco (talk) 06:28, 20 February 2008 (UTC)
35. --Zain Ebrahim (talk) 12:38, 21 February 2008 (UTC)
36. --Hankstram33 16:38, 12 March 2008 (UTC)
37. --Apoorv Khurasia (talk) 17:28, 22 March 2008 (UTC)
38. --Shanbhag.rohan
39. --|► ϋrbanяenewaℓ • TALK ◄| 22:38, 5 May 2008 (UTC) Focus primarily on articles under the scope of the Private Equity Task Force
40. --Hroðulf (or Hrothulf) (Talk) 21:36, 20 May 2008 (UTC) If you work on this project, you may bump into me at articles related to WikiProject Companies, WikiProject Cooperatives, or the long overdue WikiProject Investment.
41. --David G. (talk) 17:14, 15 December 2008 (CST)
42. Rhebus (talk) 11:52, 14 June 2008 (UTC)
43. Bnichols (talk) 04:18, 29 June 2008 (UTC)
44. --Rlendog
45. Tomeasy _{T C} 21:39, 24 July 2008 (UTC)
46. --John M Baker (talk) 16:18, 31 July 2008 (UTC)
47. Lamro (talk) 11:11, 9 August 2008 (UTC)
48. --Malin Randstrom 13 August 2008
49. simonthebold 1st Sept 08
50. -- User:BernardChin 9th Sept 08
51. Reliable♪ Forever^talk 23:40, 17 November 2008 (UTC)
52. --Kalbasa (talk) 10:33, 17 December 2008 (UTC)
53. --Aka042 (talk) 01:30, 20 December 2008 (UTC)
54. --FtPointer
55. --Mkoistinen (talk) 11:10, 5 April 2009 (UTC)
56. --Amkdude2 (talk) 17:22, 11 May 2009 (UTC)
57. --Protez (talk) 02:56, 17 May 2009 (UTC)
58. --Joseph d hodge 02:27, 30 May 2009 (UTC)
59. MBisanz ^talk 01:53, 13 July 2009 (UTC)
60. --JackofDiamonds1 (talk) 18:00, 23 July 2009 (UTC)
61. --sandy (talk) 06:26, 16 September 2009 (UTC)
62. --Bradqwood (talk) 10:10, 11 October 2009 (UTC)

[edit] Structure of finance pages

For a list of important pages, see List of finance topics.

[edit] Related WikiProjects

WikiProject Business and Economics is the parent of this WikiProject.

WikiProject Investment was launched in 2008 to organize work on articles that educate personal investors.

Private Equity Task Force was created in 2008 as an inter-project initiative to coordinate the efforts of different WikiProjects in the areas of private equity and venture capital.

[edit] Templates

[edit] Talk page banner

{{WikiProject Finance}} is the banner to put at the top of an article's talk page to add it to the project. To use it with its optional parameters, copy and paste this code:

 {{WikiProject Finance  |class= <!-- FA, A, GA, B, Start, Stub, Dab, Cat, Template and NA -->  |attention= <!-- Immediate attention required. Needed by some bots. -->  |peer-review= <!-- Need more input on your article? -->  |old-peer-review=yes <!-- If this procedure has already taken place -->  |needs-infobox=yes }} 

WikiProject Finance	(Rated NA-Class)	FinanceWikipedia:WikiProject FinanceTemplate:WikiProject FinanceFinance articles
Business and economics portal v • d • e This page is within the scope of WikiProject Finance, a collaborative effort to improve the coverage of articles related to Finance on Wikipedia. If you would like to participate, please visit the project page, where you can join the discussion and see a list of open tasks.  NA  This page does not require a rating on the project's quality scale.

[edit] Templates Created

I'm not a real go-go template guy. Could we get rid of some of the non-functioning templetes listed below? I don't see that the purpose of the project is to create more of this things. 2 or 3 seem fine with me. Smallbones (talk) 21:58, 3 January 2008 (UTC)

Top Level

• Template:Finance sidebar

Second Level

• Template:Financial markets - equivalent to financial products. The types of exchanges that take place within finance, particularly secondary markets
• Template:Financial market participants - the types of organizations that participate in financial markets, whether as principals, intermediaries, or facilitators
• Template:Corporate Finance - the technologies, activities, practices, and solutions that are employed by organizations that have financing needs
• Template:Personal finance - topics related to individual and household financial management
• Template:Public finance - conventions, activities, and institutions related to governmental financing needs
• Template:Banking - types of financial intermediaries that assume risk in financial transactions
• Template:Financial regulation - the structure of laws and rules that govern financial transactions

Lowest Level

[edit] Templates to be Created

Top Level (Complete)

Second Level

Lowest Level

These Templates will be displayed on the bottom of the article

Financial Markets

• Template:Bond market
• Template:Stock market
• Template:Derivatives market (renamed Template:Financial derivatives)
• Template:Other financial markets (to include OTC, Real Estate, Forex)

Corporate Finance

• Template:Structured finance (to include Credit Rating Agency and M&A)
• Template:Accounting and Auditing (to include Financial Statements)
• Template:Financial Risk Management (to include Capital budgeting)

Personal Finance

• Template:Retirement (to include Financial Advisors, Financial Planner, Estate Planning)
• Template:Employment contract
• Template:Credit and Debt

Public Finance

• None for Public Finance

Banks and Banking

• Template:International Banking (to include all Central Banks)
• Template:Central Bank
• Template:Federal Reserve System
• Template:Banking

Financial regulation

• Templage:Financial regulation and Legislation (to include Legislation, Fraud)
• Template:Designations and Accredations

History of finance

• Template:History of finance
• Template:Corporate finance and investment banking

[edit] Old templates

• Template:Financial markets,
• Template:Finance sidebar,
• Template:Securities,
• Template:Financial derivatives - renamed Derivatives market,
• Template:Economics
• Template:FOREX - possible candidate for speedy deletion, redirected to Template:Foreign Exchange

[edit] Requests

Please add to this list any pages that need to be improved or created.

• Debt coverage ratio - Not sure how active this project is, but I tripped over this page while doing work for Wikify project. This article needs help badly. --Jayron32|talk|contribs 03:59, 5 June 2007 (UTC)

• The Debt coverage ratio and Debt service coverage ratio pages should be merged. Finnancier 12:05, 12 September 2007 (UTC)

• Done. Finnancier 12:20, 12 September 2007 (UTC)

• Forex swap and Currency swap - The Forex swap as well as the Currency swap page needs to be review as it is not completely correct. There also seems to be some confusion regarding currency swaps? And cross currency interest rate swaps. It seems that the two mentioned pages details are mixing the foreign exchange type of swap with the interest rate derivative type of swap. An FX Swap / Currency Swap should be defined as: Two Foreign Exchange transactions executed simultaneously Trade 1 spot FX trade and Trade 2 a forward FX trade. Example: BUY USD ag JPY value spot and SELL USD ag JPY forward. This has nothing to do with fixed rate or floating rates or any type of interest rate derivatives. There seems to be some confusion over "FX Swaps" "Currency Swaps" and Interest rate derivatives such as and overnight index swaps (OIS). Jake2pt.lu 18:20, 31 August 2007 (UTC)

• Agreed. I have removed the paragraph in the Forex swap page that reads: "The fixed rate in this transaction is the forward rate that is locked in by the forward contract. The floating rate will be the overnight rate that is realized on a daily basis by the spot transaction. Typically, the floating side of these trades are indexed to the Overnight Index Swap (OIS) rate. This rate is an average of the rates that are paid based on a survey." Are there other changes that need to be made? Finnancier 12:24, 12 September 2007 (UTC)

• Payday loan and Predatory lending - The payday loan article has suffered from back and forth editing from both sides of this issue and could use the expertise of financial editors who can cut through the lobbying/pr/advocate/other noise stuff to get to the encyclopedic tone and sources. I can usually help with sourcing, but please see the article history and Talk:Payday loan. Flowanda | Talk 02:46, 11 September 2007 (UTC)
• Enhanced indexing This article needs more clarity to explain the underlying concept. References to related articles would be helpful. Neeraj Shokeen 08:04, 23 September 2007 (UTC)

• I've removed information that is repeated on the passive management and active management pages. I've also rewritten the article to remove any advertising material (although the term "enhanced indexing" is, to some extent, an advertising gimmick by investment companies). Please feel free to revert the changes, or post a follow-up request below. Finnancier 05:01, 29 September 2007 (UTC)

• Currency pair and percentage in point: The currency pair page contains a lot of information on pips, when there is an existing stub on percentage in point. Both pages need work. Finnancier 15:21, 30 September 2007 (UTC)
• Cornish currency This article has no information on it. There are links to references but this entry needs someone more experienced in writing articles about currency.

This is a major turkey, except for medieval history buffs.Smallbones (talk)

Please leave your opinions out of this.Fletch 2002 (talk) 00:59, 30 May 2008 (UTC)

• Repurchase agreement, Federal funds rate and LIBOR - what is the relationship between these rates? In the US context, the Fed can directly affect the repo rate (i.e., the rate for secured loans with the highest quality collateral) so as to indirectly affect the Fed funds rate (i.e., the rate for unsecured loans between banks for funds held at the Fed). LIBOR is for unsecured loans between banks for funds not held at the Fed. Is that correct? If so, should this relationship be made clear in each of the respective articles? Finnancier (talk) 12:28, 15 December 2007 (UTC)

LIBOR and the other rates are not related at source. Only their spheres of influence may be the same, but even then, exactly what effect they have on the markets may be dissimilar. I think we can add some information about such things. Nshuks7 (talk) 15:20, 6 January 2008 (UTC)

What's left to do in this? Can someone spot what needs to be done? Nshuks7 (talk) 16:52, 13 January 2008 (UTC)

• Yield spread, Yield curve spread, TED spread, Mortgage yield, etc - Foundational concepts about yields and spreads should be explained clearly. But we also need to rethink how these very similar pages are related to one another. Some of them are confusingly similar. Finnancier (talk) 15:43, 3 January 2008 (UTC)
• Inflation-indexed bond - Someone added info about Australia's Capital Indexed Bond that needs to be properly referenced and integrated into the main text. Finnancier (talk) 15:47, 3 January 2008 (UTC)

*Mezzanine loan and mezzanine capital should be merged under the former heading. Finnancier (talk) 06:39, 6 February 2008 (UTC)

Maybe it should be standardized like this: Senior debt and Subordinated debt, of which Mezzanine debt is an example. Finnancier (talk) 07:14, 6 February 2008 (UTC)

Merger completed moving mezzanine loan into mezzanine capital which is a distinct asset class|► ϋ r b a n я e n e w a l ◄| (talk) 03:11, 23 June 2008 (UTC)

Should these types of debt be broken down further? I know that CDS contracts, which are on the company/capital tier level, are broken down into Secured Debt, Senior Unsecured Debt, Subordinated Unsecured Debt, Junior Subordinated Unsecured Debt and Preference Shares for Bond CDS and First Lien, Second Lien, Third Lien and Mezzanine for Loan CDS. Should we have articles on each or are some just types within other types? Is there some sort of hierarchy here?--Terets (talk) 22:18, 2 January 2009 (UTC)

• Money market deposit account is full of guesses and conflicting information with no sources on what should be a simple topic. Someone should go clear it and write a short definitional article with a handful of sources. --Tibbetts2c (talk) 23:58, 30 March 2008 (UTC)

You might like to join WP:Wikiproject Investment where that article is highlighted as a potential candidate for work. Zain Ebrahim (talk) 11:50, 30 May 2008 (UTC)

• Effective interest rate, annual percentage rate and annual percentage yield - relationship between the three need to be clarified Finnancier (talk) 11:50, 23 August 2008 (UTC)

• Please suggest improvements to systemic risk. Nshuks7 (talk) 09:27, 18 September 2008 (UTC)

• UBank needs work, currently reads more like a marketing brochure, needs refs. [ roux ] [x] 23:34, 29 October 2008 (UTC)

• leaseback - the article as it stands now is too abstract for a general audience, and may be improved by providing detailed examples. 69.140.152.55 (talk) 15:57, 12 November 2008 (UTC)

• Bank failure is currently a nonsense redirect to Bank run because not all banks fail due to bank runs. We need an article that explains what causes bank failures like fraud, bank runs, and massive amounts of bad loans; what bank failures' effects are; and how they are handled in different countries. For example, the United States uses the FDIC to dispose of insolvent banks and insure a limited amount of funds per depositors, while New Zealand has no deposit insurance. How is a failing bank handled there? I have only found good sources for how the FDIC detects bank in trouble, tries to rehabilitate them, and dispose of them if they go insolvent despite rehabilitation efforts like this article at Slate.com and this paper from the International Monetary Fund. However, I have been able to find sources for how some banks fail like bank runs at WaMu and IndyMac, bad loans at Integrity Bank, and fraud at First National Bank of Keystone. I am having trouble finding information on how other countries handle insolvent banks normally, instead of how they handle ones too big to fail. I also have trouble finding reliable sources on what the macroeconomic effects of a bank failure are. Sure, you can find articles about how payroll accounts were wiped out at IndyMac forcing layoffs, but we are not allowed to draw macroeconomic conclusions from that microeconomic episode due to WP:NOR. Jesse Viviano (talk) 04:47, 13 November 2008 (UTC)

I replaced the redirect page with a general definition of a bank failure, and am now going to try to expand the article by adding a history of bank failures and then a section that addresses general causes of bank failures. After that I'd like to address the handling of bank failures in specific countries. I understand your frustration with the lack of sources, I've found the same thing so far. Additionally, thanks to WaMu, even a search for 'history of bank failures' just results in pages of news stories on the "largest bank failure in histroy". --Aka042 (talk) 02:34, 22 December 2008 (UTC)

• Finite difference methods for option pricing. Please review: I just created it Fintor (talk)