{"product_id":"an-introduction-to-banking-isbn-9781119115892","title":"An Introduction to Banking","description":"\u003cb\u003eA practical primer to the modern banking operation\u003c\/b\u003e \u003cp\u003e\u003ci\u003eIntroduction to Banking, Second Edition\u003c\/i\u003e is a comprehensive and jargon-free guide to the banking operation. Written at the foundational level, this book provides a broad overview of banking to give you an all-around understanding that allows you to put your specialty work into context within the larger picture of your organization. With a specific focus on risk components, this second edition covers all key elements with new chapters on reputational risk, credit risk, stress testing and customer service, including an updated chapter on sustainability. Practical material includes important topics such as the yield curve, trading and hedging, asset liability management, loan origination, product marketing, reputational risk and regulatory capital. \u003c\/p\u003e\u003cp\u003eThis book gives you the context you need to understand how modern banks are run, and the key points operation at all levels. \u003c\/p\u003e\u003cul\u003e \u003cli\u003eLearn the critical elements of a well-structured banking operation\u003c\/li\u003e \u003cli\u003eExamine the risk components inherent in banking\u003c\/li\u003e \u003cli\u003eUnderstand operational topics including sustainability and stress testing\u003c\/li\u003e \u003cli\u003eExplore service-end areas including product marketing and customer service\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eBanks continue to be the heart of the modern economy, despite the global financial crisis —they have however become more complex. Multiple layers and a myriad of functions contribute to the running of today's banks, and it's critical for new and aspiring bankers to understand the full breadth of the operation and where their work fits in. \u003ci\u003eIntroduction to Banking, Second Edition\u003c\/i\u003e provides an accessible yet complete primer, with emphasis on the areas that have become central to sustainable banking operation. \u003c\/p\u003e\u003cp\u003eForeword ix\u003c\/p\u003e \u003cp\u003ePreface xi\u003c\/p\u003e \u003cp\u003ePreface to the First Edition xv\u003c\/p\u003e \u003cp\u003eAcknowledgements xvii\u003c\/p\u003e \u003cp\u003eAbout the Author xix\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart I Bank Business and the Markets 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e1 Bank Business and Capital 3\u003c\/p\u003e \u003cp\u003e2 Customer Services and Marketing for Bank Products 29\u003c\/p\u003e \u003cp\u003e3 Credit Assessment and Managing Credit Risk 49\u003c\/p\u003e \u003cp\u003e4 the Money Markets 95\u003c\/p\u003e \u003cp\u003e5 the Yield Curve 131\u003c\/p\u003e \u003cp\u003e6 Introduction to Money Market Dealing and Hedging 167\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II Asset–liability Management and Liquidity Risk 205\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e7 Bank Asset and Liability Management I 207\u003c\/p\u003e \u003cp\u003e8 Asset and Liability Management II: the Alco 247\u003c\/p\u003e \u003cp\u003e9 Bank Liquidity Risk Management I 265\u003c\/p\u003e \u003cp\u003e10 Liquidity Risk Management II: Basel III Liquidity, Liabilities Strategy, Stress Testing, Collateral Management and the HQLA 287\u003c\/p\u003e \u003cp\u003e11 Business Best-practice Bank Internal Funds Transfer Pricing Policy 329\u003c\/p\u003e \u003cp\u003e12 Net Interest Income (NII), Net Interest Margin (NIM) and the Management of Interest-rate Risk in the Banking Book 343\u003c\/p\u003e \u003cp\u003e13 Securitisation Mechanics for Balance Sheet Management 375\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Strategy, Regulatory Capital and Case Studies 391\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e14 Strategy Setting 393\u003c\/p\u003e \u003cp\u003e15 Bank Regulatory Capital, Basel Rules and ICAAP 419\u003c\/p\u003e \u003cp\u003e16 Managing Operational Risk 493\u003c\/p\u003e \u003cp\u003e17 Advice and Problem Solving: Case Studies 505\u003c\/p\u003e \u003cp\u003eAppendix A Financial Markets Arithmetic 531\u003c\/p\u003e \u003cp\u003eAppendix B Abbreviations and Acronyms 549\u003c\/p\u003e \u003cp\u003eIndex 553\u003c\/p\u003e Professor \u003cb\u003eMoorad Choudhry\u003c\/b\u003e lectures on the MSc Finance programme at University of Kent Business School. He was previously Treasurer, Corporate Banking Division at The Royal Bank of Scotland, Head of Treasury at Europe Arab Bank, Head of Treasury at KBC Financial Products, Vice President in structured finance services at JPMorgan Chase and a gilt-edged market maker at ABN Amro Hoare Govett Ltd. He is a Fellow of the Chartered Institute for Securities \u0026amp; Investment, a Fellow of the London Institute of Banking and Finance, a Fellow of the Global Association of Risk Professionals and a Fellow of the Institute of Directors.   \u003cp\u003e\u003cb\u003ePraise for AN INTRODUCTION TO BANKING, SECOND EDITION\u003c\/b\u003e  \u003c\/p\u003e\u003cp\u003e\"A worthy book for professionals and students alike. The easy-to-read style of this book from an author who is very deep-rooted in everyday bank business promotes great understanding, as well as enjoyment from the activities of both generating profit and minimising risks.\"\u003cbr\u003e \u003cb\u003e—Dr Martin Czurda,\u003c\/b\u003e CEO, Austrian Anadi Bank, Klagenfurt  \u003c\/p\u003e\u003cp\u003e\"Moorad Choudhry, based on a rock-solid understanding of the original principles of banking, writes a book that is a thorough and practical guide to develop a strategic and forward-looking banking practice that takes into account the interaction among business cycles, interest rates, liquidity and credit losses. Essential reading for a bank manager.\"\u003cbr\u003e \u003cb\u003e—Fernando Dasso,\u003c\/b\u003e Chief Financial Officer, BCP, Lima  \u003c\/p\u003e\u003cp\u003e\"I've read it fully and can say it is one of a kind. A super useful tool for bankers and staff in the capital markets.\"\u003cbr\u003e \u003cb\u003e—Issa Soormally,\u003c\/b\u003e Deputy Governor, Bank of Mauritius, Port Louis  \u003c\/p\u003e\u003cp\u003e\"While working on my MBA master thesis in Finance (corporate banking), I was always reading Professor Choudhry's books as they are more valuable and better structured than most of the books in finance.\"\u003cbr\u003e \u003cb\u003e—Piotr Lagodzinski,\u003c\/b\u003e VTB, Frankfurt  \u003c\/p\u003e\u003cp\u003eWritten in the author's trademark accessible style, this fully revised and updated second edition of \u003ci\u003eAn Introduction to Banking\u003c\/i\u003e is a succinct and focused analysis of the core principles of good banking practice. Moorad Choudhry develops in breadth and depth the key principles of banking, concentrating on the application of robust risk management principles from a practitioner viewpoint, and how to incorporate these principles into bank strategy and customer service.  \u003c\/p\u003e\u003cp\u003eNew highlights of this second edition include:  \u003c\/p\u003e\u003cul\u003e \u003cli\u003ecase studies on problem solving involving several real-world risk management issues and solutions\u003c\/li\u003e \u003cli\u003eliabilities strategy setting as part of balance sheet optimisation\u003c\/li\u003e \u003cli\u003ea detailed look at the importance of understanding net interest margin (NIM)\u003c\/li\u003e \u003cli\u003ebest-practice ICAAP and ILAAP process principles\u003c\/li\u003e \u003cli\u003efundamentals of good customer service\u003c\/li\u003e \u003c\/ul\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47988724072677,"sku":"NP9781119115892","price":52.5,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781119115892.jpg?v=1761781339","url":"https:\/\/k12savings.com\/es\/products\/an-introduction-to-banking-isbn-9781119115892","provider":"K12savings","version":"1.0","type":"link"}