Financial Institutions Management
Author: Anthony Saunders
List Price: $122.15
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ISBN: 007303259X
Publisher: McGraw-Hill/Irwin (29 July, 1999)
Sales Rank: 89,602
Average Customer Rating: 4.5 out of 5
Customer Reviews
Rating: 3 out of 5
A good entry-level book on Financial Institution Risk
Using only a minimal amount of mathematics,
Professor Saunders describes a very broad
range of risks run by a Financial Institution.A particularly good description is given
for interest rate risk management of a
standard banking portfolio.
Rating: 5 out of 5
Excellent introduction to risk management
The book is very good and it starts describing the special nature of financial institutions and the industry. Then, in the second part you have complete chapters relating to every risk management: interest rate risk (maturity, repricing gaps and duration focuses, liquidity (e.g.maturity ladder), market risk (standarized Basel Committee and VaR approaches) credit risk (including Basel Committe standarized approach, defalult risk models like credit scoring), operating costs and technology risk, FX risk, sovereign risk.In the last part there is a good section which describes how to manage risks , including liabilty and liquidity management,deposit insurance, capital adequacy, geographic diversification, derivatives, the new credit risk management techniques and securitization.
I had the chance to have Profesor Saunders as a risk management teacher and I only say that as his classes, his book is great. It shows you the best introduction to risk management. It discusses about financial institutions (banks, insurance and securities). That book just helped me to see financial institutions under the risk focus. I really recommend this book to understand risk management.
Rating: 5 out of 5
The Best Book on Financial Institutions. Period.
This is probably the best book in risk management available today. This is due to the combination of breadth and depth of the text. The author gently introduces the student to an important subject and explains with pains how to manage each and every kind of risk. The two chapters on Interest rate risk are absolutely fabulous. There is a sense of continuity because the concepts you learn in one chapter has applications in another. The problems at the end of the chapters are are also challenging and will require an in-depth understanding of the subject. This book is the ultimate. Similar Products
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