000 03642cam a2200349 i 4500
001 21316892
003 OSt
005 20230519093322.0
008 191202s2021 nyu 001 0 eng
010 _a 2019033339
020 _a9781260013825
_q(paperback)
020 _z9781260705645
_q(ebook)
040 _aDLC
_beng
_cDLC
_erda
_dDLC
042 _apcc
043 _an-us---
050 0 0 _aHG181
_b.S33 2021
082 0 0 _a332.1068
_223
100 1 _aSaunders, Anthony,
_d1949-
_eauthor.
_93741
245 1 0 _aFinancial institutions management :
_ba risk management approach /
_cAnthony Saunders, John M. Schiff Professor of Finance, Salomon Center, Stern School of Business, New York University, Marcia Millon Cornett, Robert A. and Julie E. Dorn Professor of Finance, Bentley University, Otgontsetseg (Otgo) Erhemjamts, Professor of Finance and Associate Dean of Business, Bentley University.
250 _aTenth edition.
300 _axxiii, 920 pages ;
_c26 cm
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"--
650 0 _aFinancial institutions
_zUnited States
_xManagement.
_911396
650 0 _aRisk management
_zUnited States.
_99835
650 0 _aFinancial services industry
_zUnited States
_xManagement.
_911397
700 1 _aCornett, Marcia Millon,
_eauthor.
_93746
700 1 _aErhemjamts, Otgontsetseg,
_eauthor.
_918821
906 _a7
_bcbc
_corignew
_d1
_eecip
_f20
_gy-gencatlg
942 _2lcc
_cBOOK
999 _c18115
_d18115