Risk Management in Banking / Edition 3 by Joel Bessis | 9780470689851 | NOOK Book (eBook) | Barnes & Noble
Risk Management in Banking

Risk Management in Banking

by Joël Bessis, Joël Bessis
     
 

View All Available Formats & Editions

Never before has risk management been so important.

Now in its third edition, this seminal work by Joël Bessis has been comprehensively revised and updated to take into account the changing face of risk management.

Fully restructured, featuring new material and discussions on new financial products, derivatives, Basel II, credit models based on

Overview

Never before has risk management been so important.

Now in its third edition, this seminal work by Joël Bessis has been comprehensively revised and updated to take into account the changing face of risk management.

Fully restructured, featuring new material and discussions on new financial products, derivatives, Basel II, credit models based on time intensity models, implementing risk systems and intensity models of default, it also includes a section on subprime that discusses the crisis mechanisms and makes numerous references throughout to the recent stressed financial conditions. The book postulates that risk management practices and techniques remain of major importance, if implemented in a sound economic way with proper governance.

Risk Management in Banking, Third Edition considers all aspects of risk management emphasizing the need to understand conceptual and implementation issues of risk management and examining the latest techniques and practical issues, including:

  • Asset-Liability Management
  • Risk regulations and accounting standards
  • Market risk models
  • Credit risk models
  • Dependencies modeling
  • Credit portfolio models
  • Capital Allocation
  • Risk-adjusted performance
  • Credit portfolio management

Building on the considerable success of this classic work, the third edition is an indispensable text for MBA students, practitioners in banking and financial services, bank regulators and auditors alike.

ISBN 978-0-470-01912-2 [insert Wiley logo and ISBN barcode]

Editorial Reviews

Booknews
Characterizing banks as "risk machines," Bessis (finance, HEC School of Management, Paris) presents a risk management toolbox for quantifying, monitoring, and hopefully controlling the spectrum of risks that challenge financial institutions. In a modular approach to banking risks, regulations (applicable to internationally active banks in the G10 countries), and management processes, he discusses and graphically charts the underlying concepts and statistical and econometric models yielding risk-return profiles, plus their application. Includes an example of portfolio loss distributions, and a substantial bibliography. The author is in charge of risk analytics at a French firm. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Product Details

ISBN-13:
9780470689851
Publisher:
Wiley
Publication date:
12/01/2011
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
840
File size:
11 MB
Note:
This product may take a few minutes to download.

Meet the Author

Joël Bessisis is Professor of Finance at HEC, the leading French business school, where he conducts training in risk management throughout Europe, the US and Asia. Over the course of his career Joël has developed a dual expertise – as an academic and as a practitioner, holding permanent consulting assignments in corporations and later, in banks. Joël worked for over fifteen years in risk management departments of financial institutions – as a consultant to the risk departments of several banking institutions in Europe, including Banque Paribas and the European Bank for Development (EIB). Joël took a leave of absence from HEC Paris between 2000 and 2005 where he held positions as Director of Research at Fitch, and Head of Risk Analytics and Model Validation at the Risk Department of IXIS, a Paris based investment bank. Joël graduated as an Engineer from École Centrale in Paris, before earning a Masters in Business Administration from Columbia University in New York, and a PhD in Finance from the Université Paris-Dauphine. As an academic, Joël has published various papers and books in the fields of corporate finance, industrial economics, and financial markets.

Customer Reviews

Average Review:

Write a Review

and post it to your social network

     

Most Helpful Customer Reviews

See all customer reviews >