商品詳細

This introduction to the management of commercial banks should help readers apply financial concepts to a variety of credit, investment, and funding decisions. Coverage focuses on current and future problems faced by banks in a changing regulatory environment, The book demonstrates how the industry, by repositioning and redefining financial products, responds to the changing business environment for banks and related financial institutions. Early, integrated coverage of management tools, including asset/liability management strategies, GAP analysis, and other decision models, serves as an analytical tool for managing interest rate risks. There are also discussions of investment tools and strategies employed by banks, including financial futures, options on futures, interest rate swaps, micro and macro hedging, and municipal bond investments.