Description
Book SynopsisIt is not uncommon to meet professionals in financial services who have only a vague idea of what their colleagues actually do. The root cause is specialization and the subsequent development of jargon that makes communication between common specialists faster and more precise but is virtually impenetrable to everybody else.
Trade Review“To understand the industry, here is help…” (The Hindu Business Line, 16
th September 2004)
Table of ContentsForeword.
Acknowledgements.
Prologue.
PART I: FINANCIAL SYSTEMS.
1. Securities Markets and Financial Intermediation.
2. Introduction to Securities Valuations.
3. Central Banks and the Creation of Money.
PART II: THE SPREAD BUSINESS.
4. Deposit Taking and Other Funding.
5. Corporate Lending.
6. Operational Services.
7. Mortgage Lending.
8. Credit Cards and Other Retail Loans.
Part III: RISK MANAGEMENT.
9. The Controls Cycle.
10. Managing Interest Rate and FX Risk.
11. Trading.
12. Managing Market Risk.
13. Managing Credit Risk.
14. Capital Management.
Part IV: CAPITAL MARKETS.
15. Fund Management.
16. Investment Banking.
17. Securitization.
PART V: BANK VALUATIONS AND ACQUISITIONS.
18. Bank Valuations.
19. Bank Acquisitions.
PART VI: PROBLEM LOANS AND BANKING CRISES.
20. Corporate Failures and Problem Loans.
21. Banking Crises.
22. Dealing with & Valuing Insolvent Banks.
PART VII: SUPERVISION & FINANCIAL STATEMENTS.
23. Regulation, Supervision and Policing.
24. The Balance Sheet.
25. The Income Statement.
PRIMERS.
Statistics for Finance.
Derivation of Duration and Convexity.
Financial Institutions.
Appendix I: The Basel Accord.
Appendix II: Glossary of Terms.
Sources and Further Reading.
Index.
