• ISBN13: 9788131502778
• Binding: Paperback
• Subject: Business Management
• Publisher: Cengage
• Publisher Imprint: Thom Learn
• Publication Date: January 1, 2005
• Pages: 762
• Original Price: INR 435.0
• Language: English
• Edition: 6th Edition
• Item Weight: 500 grams
• BISAC Subject(s): Management

The concept of risk management serves as the unifying theme. A bank?s asset and liability management committee (ALCO) or risk management committee is responsible for the overall financial planning and management of the bank?s profitability and risk profile. The book emphasizes how managers can develop and implement strategies to maximize stockholders? wealth by balancing the trade-off between banking risks and returns. One of the book?s primary purposes is to explain how market risk (interest rate risk, equity price risk, and foreign exchange rate risk), liquidity risk, credit risk, capital/solvency risk and operational risk are measured and how decisions to alter a bank?s risk profile affects profitability and growth opportunities. The book demonstrates how risk management decisions in different areas affect each other and the overall profitability and risk of the institution. Features: Updated use of UBPR data and analysis: Discussion of the Uniform Bank Performance Report, created by the FDIC, has been expanded and includes discussion of the different ratios. Cash flow analysis in lending: Expanded discussion reflects new emphasis. Discussion of hedge accounting under FAS 133: Its implications for financial services companies are discussed along with hedge criteria, risk exposure, and the accounting standards. Revised discussion of interest rate futures, forwards and swaps as risk management tools. Added cases: Bank Performance Analysis, Commercial Lending, Consumer Lending, Liquidity Analysis, Project Finance and Managing a Bank?s Investment Portfolio, reflect current issues. Expanded Excel Template for Student Use: Credit and Cash Flow Analysis and Bank Performance An