Financial Risk Management In Banking: The Theory and Application of Asset and Liability Management |  | Authors: Dennis Uyemura, Donald van Deventer
Publisher: McGraw-Hill
Category: Book
List Price: $75.00
Buy Used: $1.93
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Seller: TeamBooks
Rating:  5 reviews
Sales Rank: 290,245
Media: Hardcover
Edition: 1
Pages: 350
Number Of Items: 1
Shipping Weight (lbs): 1.3
Dimensions (in): 9.1 x 5.9 x 1.2
ISBN: 1557383537
Dewey Decimal Number: 332
EAN: 9781557383532
ASIN: 1557383537
Publication Date: November 1, 1992
Availability: Usually ships in 1-2 business days
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Product Description
An in-deph review of the tremendous risk and volatility in bank financial management. Financial Risk Management in Banking provides a practical and comprehensive overview of aggressive asset and liability management (ALM) which highlights the nuances that set ALM apart from basic financial concepts and practices as they are taught even at the MBA level. It demonstrates how ALM apart from basic financial concepts and practices as they are taught even at the MBA level. It demonstrates how ALM can strengthen the capital position of today's financial institution. Topics include: how accounting concepts can interfere with ALM; currency and international funds risk; the multi-dimensional aspects of bank financial risk; the relationship between cash flow, market value and risk.
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| Customer Reviews:
 Excellent introductory and relatively adv risk mgmt material May 27, 1999
16 out of 21 found this review helpful
The author gives a brief history of the banking history, mainly in the USA and thus motivates the introduction of the several subsequent regulations put in place, and of the different methods os assesing risk and optimising capital allocation. The book excells in simple yet powerful risk management techniques for banks. I have recommended (and, in fact some times given away) this book both to my students and my colleagues in the asset management industry.
Simply perfect April 22, 2003
Sergio Weguelin (Rio de Janeiro, RJ Brazil)
3 out of 3 found this review helpful
The book offers a perfectly simple approach to ALM in banking. I cannot imagine a more concise framework for this subject. The authors fully attain their objective of providing fun reading for a banking subject,something really out of this world.
risk management March 16, 2007
Dania Afif Achmar (kuwait)
2 out of 3 found this review helpful
It is a very useful book for the people who don't know anything about risk management and especially financial risk management in banks.
 An excellent primer on ALM. May 28, 2003
Gaetan Lion
5 out of 6 found this review helpful
Asset liability management can get rather complicated. The authors treat this subject in a very user friendly way that the layperson can understand, and the technician can get good guidance out of.They cover all the basics really well. After studying this book, you will have a very good understanding of gap analysis, duration, shareholder value added, liquidity management, and other related subject.
Evergreen guide to ALM December 18, 2009
LJ Haasbroek (Johannesburg, Gauteng South Africa)
At the time of writing my book review in 2009 this book is already 17 years old! Yet, even after all the developments that took place in the field of Asset and Liability Management (ALM) since it was first published in 1992, such as new regulations and guidance papers from BIS, CEBS, IIF, FSA and others, this book is still extremely relevant.
The contents is well presented and all concepts introduced are defined properly. I doubt the reader needs any pre-existing knowledge of ALM to benefit fully from this book. Key concepts such as banking-book interest rate risk analysis and hedging, funds transfer pricing and funding liquidity risk management is covered with illuminating examples. To further illustrate how topical the contents still is, it even touches on credit-adjusted ALM which is still on the wish list for many banks and ALM system vendors.
Minor distractions are the references to outdated USA-specific regulations and the insistence by the authors that capital should be held against deposits - a sort-of liquidity risk capital which would be worthless if there is a proper run on the bank - today liquidity risk is seen as a consequential risk - i.e. other primary risk types like credit, operational and market risk provide the capital buffer. Nevertheless, this book is proof that good ALM fundamentals are evergreen!
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