{"product_id":"risk-management-in-banking-isbn-9781118660218","title":"Risk Management in Banking","description":"\u003cb\u003eThe seminal guide to risk management, streamlined and updated\u003c\/b\u003e  \u003cp\u003e\u003ci\u003eRisk Management in Banking\u003c\/i\u003e is a comprehensive reference for the risk management industry, covering all aspects of the field. Now in its fourth edition, this useful guide has been updated with the latest information on ALM, Basel 3, derivatives, liquidity analysis, market risk, structured products, credit risk, securitizations, and more. The new companion website features slides, worked examples, a solutions manual, and the new streamlined, modular approach allows readers to easily find the information they need. Coverage includes asset liability management, risk-based capital, value at risk, loan portfolio management, capital allocation, and other vital topics, concluding with an examination of the financial crisis through the utilisation of new views such as behavioural finance and nonlinearity of risk.\u003c\/p\u003e \u003cp\u003eConsidered a seminal industry reference since the first edition's release, \u003ci\u003eRisk Management in Banking\u003c\/i\u003e has been streamlined for easy navigation and updated to reflect the changes in the field, while remaining comprehensive and detailed in approach and coverage. Students and professionals alike will appreciate the extended scope and expert guidance as they:\u003c\/p\u003e \u003cul\u003e \u003cli\u003eFind all \"need-to-know\" risk management topics in a single text\u003c\/li\u003e \u003cli\u003eDiscover the latest research and the new practices\u003c\/li\u003e \u003cli\u003eUnderstand all aspects of risk management and banking management\u003c\/li\u003e \u003cli\u003eSee the recent crises – and the lessons learned – from a new perspective\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eRisk management is becoming increasingly vital to the banking industry even as it grows more complex. New developments and advancing technology continue to push the field forward, and professionals need to stay up-to-date with in-depth information on the latest practices. \u003ci\u003eRisk Management in Banking\u003c\/i\u003e provides a comprehensive reference to the most current state of the industry, with complete information and expert guidance.\u003c\/p\u003e \u003cp\u003eForeword vii\u003c\/p\u003e \u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eAbout the Author xi\u003c\/p\u003e \u003cp\u003e1 Risks and Risk Management 1\u003c\/p\u003e \u003cp\u003e2 Banking Regulations Overview 13\u003c\/p\u003e \u003cp\u003e3 Balance Sheet Management and Regulations 21\u003c\/p\u003e \u003cp\u003e4 Liquidity Management and Liquidity Gaps 31\u003c\/p\u003e \u003cp\u003e5 Interest Rate Gaps 43\u003c\/p\u003e \u003cp\u003e6 Hedging and Gap Management 57\u003c\/p\u003e \u003cp\u003e7 Economic Value of the Banking Book 67\u003c\/p\u003e \u003cp\u003e8 Convexity Risk in Banking 81\u003c\/p\u003e \u003cp\u003e9 Convexity Risk: The Case of Mortgages 91\u003c\/p\u003e \u003cp\u003e10 Funds Transfer Pricing Systems 109\u003c\/p\u003e \u003cp\u003e11 Returns, Random Shocks and Value-at-Risk 123\u003c\/p\u003e \u003cp\u003e12 Portfolio Risk and Factor Models 135\u003c\/p\u003e \u003cp\u003e13 Delta-normal VaR and Historical VaR 149\u003c\/p\u003e \u003cp\u003e14 Extensions of Traditional VaR 159\u003c\/p\u003e \u003cp\u003e15 Volatility 169\u003c\/p\u003e \u003cp\u003e16 Simulation of Interest Rates 179\u003c\/p\u003e \u003cp\u003e17 Market Risk Regulations 189\u003c\/p\u003e \u003cp\u003e18 Credit Risk 199\u003c\/p\u003e \u003cp\u003e19 Credit Risk Data 211\u003c\/p\u003e \u003cp\u003e20 Scoring Models and Credit Ratings 221\u003c\/p\u003e \u003cp\u003e21 Default Models 237\u003c\/p\u003e \u003cp\u003e22 Counterparty Credit Risk 253\u003c\/p\u003e \u003cp\u003e23 Credit Event Dependencies 263\u003c\/p\u003e \u003cp\u003e24 Credit Portfolio Risk: Analytics 271\u003c\/p\u003e \u003cp\u003e25 Credit Portfolio Risk: Simulations 283\u003c\/p\u003e \u003cp\u003e26 Credit Risk Regulations 293\u003c\/p\u003e \u003cp\u003e27 Capital Allocation and Risk Contributions 303\u003c\/p\u003e \u003cp\u003e28 Risk-adjusted Performance Measures 315\u003c\/p\u003e \u003cp\u003e29 Credit Derivatives 323\u003c\/p\u003e \u003cp\u003e30 Securitization 331\u003c\/p\u003e \u003cp\u003eReferences 345\u003c\/p\u003e \u003cp\u003eIndex 351\u003c\/p\u003e   \u003cp\u003e\u003cb\u003eJOËL BESSIS\u003c\/b\u003e is Professor of Finance at HEC Paris, the leading French business school, where he conducts training in risk management throughout Europe, the US, and Asia. Over the course of his career Joël has developed a dual expertise – as an academic and as a practitioner, holding permanent consulting assignments in corporations and later, in banks.     \u003c\/p\u003e\u003cp\u003eTHE SEMINAL GUIDE TO RISK MANAGEMENT REVISED AND UPDATED  \u003c\/p\u003e\u003cp\u003eNow in its fourth edition, \u003ci\u003eRisk Management in Banking\u003c\/i\u003e is the industry's seminal reference that offers a comprehensive review of all aspects in the field. The text covers a complete range of risk topics in banking including asset liability management, risk-based capital, value at risk, loan portfolio management, capital allocation, and other fundamental risk factors. All these topics are examined within the new mindset inspired by the financial crisis.  \u003c\/p\u003e\u003cp\u003eThis practical guide contains the latest information on topics such as: ALM, Basel 3, liquidity analysis, market risk, credit risk, derivatives, structured products, securitizations, and more.  \u003c\/p\u003e\u003cul\u003e \u003cli\u003e\u003cb\u003e\u003ci\u003eNEW\u003c\/i\u003e WORKBOOK\u003c\/b\u003e\u003c\/li\u003e  \u003cp\u003e\u003ci\u003eRisk Management in Banking—Workbook\u003c\/i\u003e (ISBN 9781118925652) reinforces the material from a practical perspective, featuring chapter-by-chapter sample questions and makes the material more accessible to both students and practitioners.  \u003c\/p\u003e\n\u003cli\u003e\u003cb\u003e\u003ci\u003eNEW\u003c\/i\u003e COMPANION WEBSITE\u003c\/b\u003e\u003c\/li\u003e  \u003cp\u003eVisit www.wiley.com\/go\/Bessis for per-chapter slides and illustrative examples utilizing an easy-to-follow and modular approach for students, as well as Excel-based solutions from the Workbook's questions.  \u003c\/p\u003e\n\u003c\/ul\u003e  \u003cp\u003eIn \u003ci\u003eRisk Management in Banking, Fourth Edition\u003c\/i\u003e professionals will discover an easily navigable resource that is filled with the research and practices that reflect the most recent changes in the field.\u003c\/p\u003e","brand":"Wiley","offers":[{"title":"Default Title","offer_id":47989967225061,"sku":"NP9781118660218","price":68.0,"currency_code":"USD","in_stock":false}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/1842\/7735\/files\/9781118660218.jpg?v=1761786062","url":"https:\/\/k12savings.com\/products\/risk-management-in-banking-isbn-9781118660218","provider":"K12savings","version":"1.0","type":"link"}