Description
Book Synopsis*Instructional FlexibilityBank management instructors vary in their approaches to teachingthis course, and this text includes elements of business financialtheory, along with practical institutional material that distinguishesfinancial businesses from non--financial ones.
Table of ContentsPart One Measurement, Analysis And Theory Of Value Creation 1
Chapter 1 The Changing Nature of Banking in the U.S. 3
Chapter 2 Understanding a Bank’s Financial Statements 35
Chapter 3 Evaluating a Bank’s Returns, Risks and Overall Performance 58
Chapter 4 Foundations of Value in Banking 103
Chapter 5 Asset and Liability Management and the Yield Curve 129
Part Two Asset, Liability, And Capital Decisions 207
Chapter 6 The Acquisition and Cost of Bank Funds 209
Chapter 7 Measuring and Providing Reserves and Liquidity 242
Chapter 8 Managing the Security Portfolio 274
Chapter 9 Managing Bank Capital 322
Part Three Managing Loans And The Loan Portfolio 387
Chapter 10 The Bank Credit Organization 389
Chapter 11 Credit Selection, Underwriting and Portfolio Diversification 418
Chapter 12 Consumer Lending 475
Part Four Hedging And Pricing With Derivatives And International Banking 533
Chapter 13 Financial Futures and Forwards: Hedging and Pricing 535
Chapter 14 Interest Rate Options: Hedging and Pricing 559
Chapter 15 Interest Rate Swaps: Hedging and Pricing 588
Chapter 16 International Banking 609
Index 671
