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Financial Institutions Management

Financial Institutions Management


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About the Book

The third edition of Financial Institutions Management provides a thorough and much needed update of the financial industry given the recent Global financial market volatility. Lange addresses the disruption in the market and highlights how Financial Institutions need a better understanding of the nature of risk, its measurement and management. The text takes a global view of the subject with insights from organizations in Australia, USA, Europe and Asia. Financial Institutions Management third edition offers a well-rounded view of the industry including regulatory, historical and technological perspectives.

Table of Contents:
Part One: Introduction Chapter: 1. Why are financial institutions special? Chapter: 2. The Financial Services Industry: depository institutions Chapter: 3. The Financial Services Industry: other financial institutions Chapter: 4. Risk of Financial institutions Part Two: Measuring Risk Chapter: 5. Interest Rate Risk measurement: the repricing model Chapter: 6. Interest Rate Risk measurement: the duration model Chapter: 7. Managing Interest rate risk using off balance sheet instruments Chapter: 8. Credit Risk I: individual loan risk Chapter: 9. Market Risk Chapter: 10. Credit risk I: individual loan risk Chapter: 11. Credit risk II: loan portfolio and concentration risk Chapter: 12. Sovereign Risk Chapter: 13. Foreign Exchange Risk Chapter: 14. Liquidity Risk Chapter: 15. Liability and Liquidity Management Chapter: 16. Off-balance-sheet activities Chapter: 17. Technology and other operational risk Chapter: 18. Capital management and adequacy

About the Author :
Anthony Saunders received his Ph.D. from the London School of Economics. He is John M. Schiff Professor of Finance and the former chair of the Department of Finance at the Stern School of Business at New York University. Dr. Saunders has taught both undergraduate and graduate level courses at New York University 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. He is currently on the Executive Committee of the Salomon Center for the Study of Financial Institutions, New York University. 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 co-authored several professional books, the most recent of which is Credit Risk Measurement: New Approaches to Value at Risk and Other Paradigms. Marcia Millon Cornett received a B.S. in economics from Knox College and her M.B.A. and Ph.D. in finance from Indiana University, Bloomington. She is Robert A. and Julia E. Dorn Professor of Finance at Bentley University. Dr. Cornett is co-author with Anthony Saunders of Financial Institutions Management and Financial Markets and Institutions. She serves as an associate editor for the Journal of Banking and Finance, the Journal of Financial Services Research, Review of Financial Economics, Financial Review, and Multinational Finance Journal. Dr. Cornett has served on the board of directors, the executive committee, and the finance committee of the Southern Illinois University Credit Union. Dr. Cornett has taught at Southern Illinois University at Carbondale, the University of Colorado, Boston College, and Southern Methodist University. She is a member of the Financial Management Association, the American Finance Association, and the Western Finance Association.


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Product Details
  • ISBN-13: 9781743070628
  • Publisher: McGraw-Hill Education
  • Publisher Imprint: McGraw-Hill Education / Australia
  • Edition: Revised edition
  • Language: English
  • Weight: 1275 gr
  • ISBN-10: 1743070624
  • Publisher Date: 24 Oct 2012
  • Binding: Paperback
  • Height: 250 mm
  • Spine Width: 23 mm
  • Width: 199 mm


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