Saunders and Cornett's Financial Institutions Management: A Risk Management Approach provides an innovative approach that focuses on managing return and risk in modern financial institutions. The central theme is that the risks faced by financial institutions managers and the methods and markets through which these risks are managed are becoming increasingly similar whether an institution is chartered as a commercial bank, a savings bank, an investment bank, or an insurance company. Although the traditional nature of each sector's product activity is analyzed, a greater emphasis is placed on…mehr
Saunders and Cornett's Financial Institutions Management: A Risk Management Approach provides an innovative approach that focuses on managing return and risk in modern financial institutions. The central theme is that the risks faced by financial institutions managers and the methods and markets through which these risks are managed are becoming increasingly similar whether an institution is chartered as a commercial bank, a savings bank, an investment bank, or an insurance company. Although the traditional nature of each sector's product activity is analyzed, a greater emphasis is placed on new areas of activities such as asset securitization, off-balance-sheet banking, and international banking.Hinweis: Dieser Artikel kann nur an eine deutsche Lieferadresse ausgeliefert werden.
Anuhony Saunders is the John M. Schiff Professor of Finance and the former Chair of the Department of Finance at the Stem School of Business at New York University. Professor Saunders received his PhD from the London School of Economics and has taught both undergraduate- and graduate-level courses at NYU since 1978. Throughout his academic career, his teaching and research have specialized in financial institutions and international banking. He has served as a visiting professor all over the world, including INSEAD, the Stockholm School of Economics, and the University of Melbourne. Professor Saunders has held positions on the Board of Academic Consultants of the Federal Reserve Board of Governors as well as the Council of Research Advisors for the Federal National Mortgage Association. In addition, Dr. Saunders has acted as a visiting scholar at the Comptroller of the Currency and at the Federal Reserve Banks of Philadelphia and New York. He was an academic consultant for the FDIC. He also held a visiting position in the research department of the International Monetary Fund. He is editor of Financial Markets, Instruments and Institutions. His research has been published in all the major money and banking and finance journals and in several books. In addition, he has authored or coauthored several professional books, including Credit Risk Measurement: New Approaches to Value at Risk and Other Paradigms, third edition, John Wiley and Sons, New York, 2010. In 2008, he was ranked as the most published author in the last SO years in the top seven journals in finance.
Inhaltsangabe
PART ONE: INTRODUCTION Chapter 1: Why Are Financial Institutions Special? Chapter 2: Financial Services: Depository Institutions Chapter 3: Financial Services: Finance Companies Chapter 4: Financial Services: Securities Firms and Investment Banks Chapter 5: Financial Services: Mutual Fund and Hedge Fund Companies Chapter 6: Financial Services: Insurance Companies Chapter 7: Risks of Financial Institutions PART TWO: MEASURING RISK Chapter 8: Interest Rate Risk I Chapter 9: Interest Rate Risk II Chapter 10: Credit Risk: Individual Loan Risk Chapter 11: Credit Risk: Loan Portfolio and Concentration Risk Chapter 12: Liquidity Risk Chapter 13: Foreign Exchange Risk Chapter 14: Sovereign Risk Chapter 15: Market Risk Chapter 16: Off-Balance-Sheet Risk Chapter 17: Technology and Other Operational Risks Chapter 18: Risk of Digital Disruption and Fintech PART THREE: MANAGING RISK Chapter 19: Liability and Liquidity Management Chapter 20: Deposit Insurance and Other Liability Guarantees Chapter 21: Capital Adequacy Chapter 22: Product and Geographic Expansion Chapter 23: Futures and Forwards Chapter 24: Options, Caps, Floors, and Collars Chapter 25: Swaps Chapter 26: Loan Sales Chapter 27: Securitization