Management of Banking
South-Western (Publisher)
6th Edition
Published on 25. September 2005
Book
Paperback/Softback
575 pages
978-0-324-40588-0 (ISBN)
Description
The concept of risk management serves as the unifying theme. A bank's asset and liability management committee (ALCO) or risk management committee is responsible for the overall financial planning and management of the bank's profitability and risk profile. The book emphasizes how managers can develop and implement strategies to maximize stockholders wealth by balancing the trade-off between banking risks and returns. One of the book's primary purposes is to explain how market risk (interest rate risk, equity price risk, and foreign exchange rate risk), liquidity risk, credit risk, capital/solvency risk and operational risk are measured and how decisions to alter a bank's risk profile affects profitability and growth opportunities. The book demonstrates how risk management decisions in different areas affect each other and the overall profitability and risk of the institution.
More details
Edition
International ed
Language
English
Place of publication
Mason, OH
United States
Publishing group
Cengage Learning, Inc
Target group
Professional and scholarly
Illustrations
Illustrations
Dimensions
Height: 254 mm
Width: 203 mm
ISBN-13
978-0-324-40588-0 (9780324405880)
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Schweitzer Classification