This text focuses on the risks faced by managers of financial institutions and the methods and markets through which these risks are managed. The context is the Canadian financial services industry. The text begins with thumbnail sketches of the industry, its member companies, their structures and the regulatory environment. It looks not only at banks but also at insurance companies, trust companies, credit unions, investment banks and finance companies, providing a holistic view of the challenges of liquidity risk, interest rate risk, market risk, credit and other risks in the global environment.This highly regarded text continues to take the same innovative approach as the first edition, focusing on managing return and risk. The book's central theme is that the risks faced by financial institution managers, and the methods and markets through which these risks are managed, are essentially the same, whether the institution is a commercial bank, an investment bank, a credit union, an insurance company or a finance company. A second theme that emerges in this edition is that the risks booked by the financial institution use risk capital and generate an expected return that should justify that use. The authors explain the latest techniques of risk measurement against the backdrop of the convergence of worldwide securities, investment, credit and insurance industries.
This text takes a global view of the subject with insights from financial institutions across the world including in Australia, US, Europe and Asia.
Saunders and Cornett's Financial Institutions Management: A Risk Management Approach provides an innovative approach that focuses on managing return and risk in modern financial institutions.
This text provides coverage of asset and liability management techniques for depository institutions, finance companies, insurance companies, pension funds, mutual funds, securities firms, and diversified financial services firms.
This text focuses on managing return and risk in modern financial institutions. The central theme is that the risks faced by managers and the methods and markets through which these risks are managed are becoming increasingly similar.
Counter This text focuses on the risks faced by managers of financial institutions and the methods and markets through which these risks are managed.
This book provides a complete guide to risk management with the most up to date information. • Understand how risk affects different types of financial institutions • Learn the different types of risk and how they are managed • Study ...
Providing a broad perspective on the topic, this text recognizes that various financial service firms are evolving towards a single industry. It examines decisions for all types of FIs and...
This book goes beyond traditional financial institutions textbooks, which tend to focus on mathematical models for risk management and the technical aspects of measuring and managing risk.
Focuses on the risks faced by managers of financial institutions and the methods and markets through which these risks are managed.
Saunders and Cornett’s Financial Institutions Management: A Risk Management Approach, 6th edition focuses on managing return and risk in modern financial institutions.