Risk Management In Banking 3E 9780470019139

　　Never before has risk management been so important.
　　Now in its third edition, this seminal work by Jo?l Bessis hasbeen comprehensively revised and updated to take into account thechanging face of risk management.
　　Fully restructured, featuring new material and discussions on newfinancial products, derivatives, Basel II, credit models based ontime intensity models, implementing risk systems and intensitymodels of default, it also includes a section on Subprime thatdiscusses the crisis mechanisms and makes numerous referencesthroughout to the recent stressed financial conditions. The bookpostulates that risk management practices and techniques remain ofmajor importance, if implemented in a sound economic way withproper governance.
　　Risk Management in Banking, Third Edition considers all aspectsof risk management emphasizing the need to understand conceptualand implementation issues of risk management and examining thelatest techniques and practical issues, including:
　　Asset-Liability Management
　　Risk regulations and accounting standards
　　Market risk models
　　Credit risk models
　　Dependencies modeling
　　Credit portfolio models
　　Capital Allocation
　　Risk-adjusted performance
　　Credit portfolio management
　　Building on the considerable success of this classic work, thethird edition is an indispensable text for MBA students,practitioners in banking and financial services, bank regulatorsand auditors alike.