000 03179cam a2200313 i 4500
001 21316892
003 OSt
005 20241008132649.0
008 191202s2021 nyu 001 0 eng
010 _a 2019033339
020 _a9781266138225
040 _beng
_cDLC
042 _apcc
050 0 0 _aHG181
_b.S33 2024
082 0 0 _a332.1068
_223
100 1 _aSaunders, Anthony,
_d1949-
_eauthor.
_92245
245 1 0 _aFinancial institutions management :
_ba risk management approach /
_cAnthony Saunders, Marcia Millon cornett, Otgontsetseg Erhemjamts
250 _a11th edition.
264 1 _aNew York, NY :
_bMcGraw-Hill Education,
_c2024
300 _axxiv, 931 p. :
_c26 cm
_bill;
500 _aIncludes index.
520 _a"The last 35 years have been dramatic for the financial services industry. In the 1990s and 2000s, boundaries between the traditional industry sectors, such as commercial banking and investment banking, broke down, and competition became increasingly global in nature. Many forces contributed to this breakdown in interindustry and intercountry barriers, including financial innovation, technology, taxation, and regulation. Then in 2008-09, the financial services industry experienced the worst financial crisis since the Great Depression. Even into the mid-2010s, the U.S. and world economies had not recovered from this crisis. It is in this context that this book is written. 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, offbalance- heet banking, international banking, and on changes occurring as a result of the financial crisis. When the first edition of this text was released in 1994, it was the first to analyze modern financial institutions management from a risk perspective -thus, the title, Financial Institutions Management: A Modern Perspective. At that time, traditional texts presented an overview of the industry sector by sector, concentrating on balance sheet presentations and overlooking management decision making and risk management. Over the last 20 years, other texts have followed this change, such that a risk management approach to analyzing modern financial institutions is now well accepted-thus, the title: Financial Institutions Management: A Risk Management Approach. The tenth edition of this text takes the same innovative approach taken in the first nine editions and focuses on managing return and risk in modern financial institutions (FIs). Financial Institutions Management's central theme is that the risks faced by FI managers and the methods and markets through which these risks are managed are similar whether an institution is chartered as a commercial bank, a savings bank, an investment bank, or an insurance company"--
_cProvided by publisher.
650 0 _aFinancial institutions
_zUnited States
_xManagement.
_92246
650 0 _aRisk management
_zUnited States.
_92247
650 0 _aFinancial services industry
_zUnited States
_xManagement.
_92248
700 1 _aCornett, Marcia Millon,
_eauthor.
_91024
700 1 _aErhemjamts, Otgontsetseg,
_eauthor.
_92249
942 _2lcc
_cBK
999 _c888
_d888