Financial Institutions Management (International Edition)
Author | : | |
Rating | : | 4.85 (534 Votes) |
Asin | : | 0071233040 |
Format Type | : | paperback |
Number of Pages | : | 216 Pages |
Publish Date | : | 0000-00-00 |
Language | : | English |
DESCRIPTION:
The Best Book on Financial Institutions. Period. This is probably the best book in risk management available today. This is due to the combination of breadth and depth of the text. The author gently introduces the student to an important subject and explains with pains how to manage each and every kind of risk. The two chapters on Interest rate risk are absolutely fabulous. There is a sense of continuity because the concepts you learn. Jimmy Izu said Excellent introduction to risk management. The book is very good and it starts describing the special nature of financial institutions and the industry. Then, in the second part you have complete chapters relating to every risk management: interest rate risk (maturity, repricing gaps and duration focuses, liquidity (e.g.maturity ladder), market risk (standarized Basel Committee and VaR approaches) credit risk (including Basel Co. "Excellent first risk management book" according to Alberto Ponsa Talavera. There are a lots of ways to explain the banking business. Many books try to describe regulatory policies, laws, banking procedures, etcetera.This book doesn't. It tries to explain the business in a risk management point of view, regardless you are an incumbent in banking or assurance.All types of risk: market, credit, equity, operational,and so forth. The style is very easy, the concept
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