Financial Institutions Management: A Risk Management Approach 8/E

　　Overview
　　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.

　　New Features
　　1.Discussion of how financial institutions continue to recover from the financial crisis has been added throughout the book. Virtually every chapter includes new material detailing how the financial crisis affected risk management in financial institutions. New boxes titled “After the Crisis” have been added to highlight significant events.
　　2.Appropriate chapters include discussions of the European debt crisis as they affect the risk and return of financial institutions.
Integrated Minicases have been added to select chapters.
　　3.Updates on the major changes proposed for the regulation of financial institutions are included where appropriate throughout the book.
 

作者簡介

Anthony Saunders

　　現職：New York University

Marcia Millon Cornett　

　　現職：Bentley University
 

PART I： INTRODUCTION
Ch 1 Why Are Financial Institutions Special?
Ch 2 Financial Services: Depository Institutions
Ch 3 Financial Services: Finance Companies
Ch 4 Financial Services: Securities Brokerage and Investment Banking
Ch 5 Financial Services: Mutual Funds and Hedge Funds
Ch 6 Financial Services: Insurance
Ch 7 Risks of Financial Institutions

PART II： MEASURING RISK
Ch 8 Interest Rate Risk I
Ch 9 Interest Rate Risk II
Ch10 Credit Risk: Individual Loan Risk
Ch11 Credit Risk: Loan Portfolio and Concentration Risk
Ch12 Liquidity Risk
Ch13 Foreign Exchange Risk
Ch14 Sovereign Risk
Ch15 Market Risk
Ch16 Off-Balance-Sheet Risk
Ch17 Technology and Other Operational Risks

PART III： MANAGING RISK
Ch18 Liability and Liquidity Management
Ch19 Deposit Insurance and Other Liability Guarantees
Ch20 Capital Adequacy
Ch21 Product and Geographic Expansion
Ch22 Futures and Forwards
Ch23 Options, Caps, Floors, and Collars
Ch24 Swaps
Ch25 Loan Sales
Ch26 Securitization