Buch, Englisch, 912 Seiten, Format (B × H): 157 mm x 235 mm, Gewicht: 1449 g
Reihe: Wiley Finance Editions
Buch, Englisch, 912 Seiten, Format (B × H): 157 mm x 235 mm, Gewicht: 1449 g
Reihe: Wiley Finance Editions
ISBN: 978-0-470-82521-1
Verlag: Wiley
An essential guide for bankers and students of finance everywhere, The Principles of Banking reiterates that the primary requirement of banking--sound capital and liquidity risk management--had been forgotten in the years prior to the financial crash. Serving as a policy guide for market practitioners and regulators at all levels, the book explains the keys to success that bankers need to follow during good times in order to be prepared for the bad, providing in-depth guidance and technical analysis of exactly what constitutes good banking practice.
Accessible to professionals and students alike, The Principles of Banking covers issues of practical importance to bank practitioners, including asset-liability management, liquidity risk, internal transfer pricing, capital management, stress testing, and more. With an emphasis on viewing business cycles as patterns of stable and stressful market behavior, and rich with worked examples illustrating the key principles of bank asset-liability management, the book is an essential policy guide for today and tomorrow. It also offers readers access to an accompanying website holding policy templates and teaching aids.
* Illustrates how unsound banking practices that were evident in previous bank crashes were repeated during the creation of the 2007-2008 financial market crisis
* Provides a template that can be used to create a sound liquidity and asset-liability management framework at any bank
* An essential resource for the international banking community as it seeks to re-establish its credibility, as well as for students of finance
* Explains the original principles of banking, including sound lending policy and liquidity management, and why these need to be restated in order to avoid another bank crisis at the time of the next economic recession
* Covers topics of particular importance to students and academia, many of which are marginally--if ever--addressed in current text books on finance
* Offers readers access to a companion website featuring invaluable learning and teaching aids
Written by a banking practitioner with extensive professional and teaching experience in the field, The Principles of Banking explains exactly how to get back to basics in risk management in the banking community, essential if we are to maintain a sustainable banking industry.
Weitere Infos & Material
Forewords xiii
Preface xvii
Acknowledgements xxiii
About the Author xxv
PART I A PRIMER ON BANKING 1
CHAPTER 1 A primer on bank business and balance sheet risk 3
CHAPTER 2 Bank regulatory capital 75
CHAPTER 3 Banking and credit risk 131
CHAPTER 4 A primer on securitisation 179
CHAPTER 5 The yield curve 221
PART II BANK ASSET AND LIABILITY MANAGEMENT 351
CHAPTER 6 Asset-liability management I 353
CHAPTER 7 Asset-liability management II 385
CHAPTER 8 Asset-liability management III: Trading and hedging principles 445
CHAPTER 9 Asset-liability management IV: The ALCO 493
CHAPTER 10 The ALCO: Terms of reference and treasury operating model 503
CHAPTER 11 Risk reporting, risk policy and stress testing 531
PART III BANK LIQUIDITY RISK MANAGEMENT 587
CHAPTER 12 Principles of bank liquidity management 589
CHAPTER 13 Liquidity risk metrics 653
CHAPTER 14 Liquidity risk reporting and stress testing 687
CHAPTER 15 Internal funds pricing policy 715
PART IV BANK STRATEGY AND GOVERNANCE 759
CHAPTER 16 Bank strategy I: Formulating strategy and direction 761
CHAPTER 17 Bank strategy II: Capital and funding management 801
CHAPTER 18 Principles of corporate governance 831
PART V APPLICATIONS SOFTWARE, POLICY TEMPLATES AND TEACHING AIDS 861
CHAPTER 19 Applications software, policy templates and spreadsheet models 863
Afterword 867
List of terms and their abbreviations 869
Index 875
