×

Uh-oh, it looks like your Internet Explorer is out of date.

For a better shopping experience, please upgrade now.

The Principles of Banking: Capital, Asset-Liability and Liquidity Management / Edition 1
     

The Principles of Banking: Capital, Asset-Liability and Liquidity Management / Edition 1

by Moorad Choudhry, John Cummins, Ian Plenderleith
 

See All Formats & Editions

ISBN-10: 0470825219

ISBN-13: 9780470825211

Pub. Date: 05/29/2012

Publisher: Wiley

The ultimate guide for bank management: how to survive and thrive throughout the business cycle

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

Overview

The ultimate guide for bank management: how to survive and thrive throughout the business cycle

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.

“engaging and interesting and, more importantly, easily understood, allowing a clear picture to emerge of how the principle or concept under discussion is to be applied in the real world.”
- Graeme Wolvaardt, Head of Market & Liquidity Risk Control, Europe Arab Bank Plc

Product Details

ISBN-13:
9780470825211
Publisher:
Wiley
Publication date:
05/29/2012
Series:
Wiley Finance Series , #619
Pages:
912
Sales rank:
839,418
Product dimensions:
6.20(w) x 9.10(h) x 2.20(d)

Table of Contents

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

Customer Reviews

Average Review:

Post to your social network

     

Most Helpful Customer Reviews

See all customer reviews