Financial Institutions Management

Saunders and Cornett's 'Financial Institutions Management: A Risk Management Approach, 5/e', 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.

 

Part I IntroductionCh. 1 Why Are Financial Intermediaries Special?Ch. 2 The Financial Services Industry: Depository InstitutionsCh. 3 The Financial Services Industry: Insurance CompaniesCh. 4 The Financial Services Industry: Securities Firms and Investment BanksCh. 5 The Financial Services Industry: Mutual FundsCh. 6 The Financial Services Industry: Finance CompaniesCh. 7 Risks of Financial Intermediation Part II Measuring RiskCh. 8 Interest Rate Risk ICh. 9 Interest Rate Risk IICh. 10 Market RiskCh. 11 Credit Risk: Individual Loan RiskCh. 12 Credit Risk: Loan Portfolio and Concentration RiskCh. 13 Off-Balance Sheet RiskCh. 14 Technology and Other Operational RisksCh. 15 Foreign Exchange RiskCh. 16 Sovereign RiskCh. 17 Liquidity RiskPart III Managing RiskCh. 18 Liability and Liquidity Management Ch. 19 Deposit Insurance and Other Liability GuaranteesCh. 20 Capital AdequacyCh. 21 Product DiversificationCh. 22 Geographic Diversification: DomesticCh. 23 Geographic Diversification: InternationalCh. 24 Futures and ForwardsCh. 25 Options, Caps, Floors, and CollarsCh. 26 SwapsCh. 27 Loan Sales and Other Credit Management TechniquesCh. 28 Securitization