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Category

BANKING

Abstract 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.

ISBN 0324289278
Author(s) MACDONALD, STEVEN SCOTT, 1957- , KOCH, TIMOTHY W.
Credits
Edition 6TH ED.
Year 2006
Publisher THOMSON SOUTH-WESTERN
Type BOOK
Keywords BANKING
Language English
Collation 562 P., 25 CM.

Availability and Location Reserve

Copy No Library Stack Shelf Is Reference Status Return Date
1 Limassol Q 5 No A