The importance of banks to the world's economic system cannot be overstated. The foundation of consistently successful banking practice remains efficient asset-liability management and liquidity risk management.
This book introduces the key concepts of banking, concentrating on the application of robust risk management principles from a practitioner viewpoint, and how to incorporate these principles into bank strategy.
Detailed coverage includes:
Bank strategy and capital
Understanding the yield curve
Principles of asset-liability management
Effective liquidity risk management
The role of the bank ALM committee
Written in the author's trademark accessible style, this book is a succinct and focused analysis of the core principles of good banking practice.