Liquidity Risk: Managing Funding and Asset Risk (Global Financial Markets) Book PDF, ePub eBook

Join our eBook service for unlimited books & audiobooks. Get a free 7 day subscription! ↓↓↓↓↓


Book Descriptions:
The financial world has undergone a fundamental transformation. The crisis of 2007-2008, which was so devastating in its reach and consequences has transformed many aspects of the markets and has altered conventional wisdom regarding prudent risk management. Much has rightly been written on the crisis and the 'lessons learned'; many 'post mortems' have been performed on failed and rescued institutions; new regulatory edicts and rules have been drafted and put into action, and new techniques of risk-taking and risk management have emerged. But perhaps most importantly, the financial crisis demonstrated that liquidity is the most vital component of a properly functioning financial system – it is the essential lifeblood of banks and other financial institutions, and, by direct extension, the essential lifeblood of all other parts of the corporate and governmental world.

In Liquidity Risk: Managing Asset and Funding Risk, Erik Banks reflects on the current thinking and ideas to provide a roadmap on the new rules, regulations and governance processes for sound liquidity risk management. Significantly revised and reflecting the very latest changes in the landscape, the book considers the effects of illiquidity on the development and expansion of the financial crisis, and how lack of liquidity brought various major financial institutions to the point of financial distress. New regulatory liquidity measures, such as those contained in Basel III, Solvency II, the Dodd Frank Act and the FSA's prudential rules, are analyzed. New corporate risk management issues are also considered, including those related to liquidity risk governance and culture, liquidity risk appetite, and liquidity risk pricing. In addition, key measurement techniques, which are rapidly becoming the standard, are discussed in detail; these include vital measures such as high quality liquid assets and liquidity buffers, defensive intervals, liquidity coverage ratios, net stable funding ratios, liquidity gaps, counterbalancing capacity, behavioral maturities and multi-step stress tests. The framework that emerges from this new and revised material is essential reading for those interested in effectively managing liquidity risks.

Liquidity Risk: Managing Funding and Asset Risk (Global Financial Markets) by Erik Banks

From reader reviews:

Donald Howard:

Liquidity Risk: Managing Funding and Asset Risk (Global Financial Markets) can be one of your nice books that are good idea. Many of us recommend that straight away because this reserve has good vocabulary that could increase your knowledge in vocabulary, easy to understand, bit entertaining but nevertheless delivering the information. The copy writer giving his/her effort to place every word into pleasure arrangement in writing Liquidity Risk: Managing Funding and Asset Risk (Global Financial Markets) although doesn't forget the main point, giving the reader the hottest as well as based confirm resource facts that maybe you can be among it. This great information can certainly drawn you into brand-new stage of crucial imagining.

Jamie Sparks:

The book untitled Liquidity Risk: Managing Funding and Asset Risk (Global Financial Markets) contain a lot of information on the idea. The writer explains her idea with easy method. The language is very easy to understand all the people, so do not really worry, you can easy to read this. The book was written by famous author. The author will take you in the new era of literary works. It is possible to read this book because you can please read on your smart phone, or product, so you can read the book within anywhere and anytime. In a situation you wish to purchase the e-book, you can available their official web-site and also order it. Have a nice study.

Joanne Starks:

Do you like reading a reserve? Confuse to looking for your selected book? Or your book had been rare? Why so many problem for the book? But any kind of people feel that they enjoy for reading. Some people likes reading through, not only science book but additionally novel and Liquidity Risk: Managing Funding and Asset Risk (Global Financial Markets) or even others sources were given knowledge for you. After you know how the truly amazing a book, you feel need to read more and more. Science reserve was created for teacher or even students especially. Those publications are helping them to include their knowledge. In some other case, beside science publication, any other book likes Liquidity Risk: Managing Funding and Asset Risk (Global Financial Markets) to make your spare time far more colorful. Many types of book like this one.

Clarice Johnson:

As a scholar exactly feel bored for you to reading. If their teacher inquired them to go to the library or even make summary for some publication, they are complained. Just little students that has reading's heart or real their passion. They just do what the professor want, like asked to go to the library. They go to at this time there but nothing reading very seriously. Any students feel that reading is not important, boring in addition to can't see colorful images on there. Yeah, it is for being complicated. Book is very important for you. As we know that on this era, many ways to get whatever we wish. Likewise word says, ways to reach Chinese's country. Therefore , this Liquidity Risk: Managing Funding and Asset Risk (Global Financial Markets) can make you truly feel more interested to read.