Liquidity Risk Measurement And Management: A Practitioner's Guide to Global Best Practices - Rilegato

Rilegato

ISBN 10: 0470821825 ISBN 13: 9780470821824

Casa editrice: John Wiley & Sons Inc, 2006

Riassunto

Major events such as the Asian crisis in 1997, the Russian default on short-term debt in 1998, the downfall of the hedge fund long-term capital management in 1998 and the disruption in payment systems following the World Trade Center attack in 2001, all resulted in increased management’s attention to liquidity risk.

Banks have realized that adequate systems and processes for identifying, measuring, monitoring and controlling liquidity risks help them to maintain a strong liquidity position, which in turn will increase the confidence of investors and rating agencies as well as improve funding costs and availability.

Liquidity Risk Measurement and Management: A Practitioner’s Guide to Global Best Practices provides the best practices in tools and techniques for bank liquidity risk measurement and management. Experienced bankers and highly regarded liquidity risk experts share their insights and practical experiences in this book.

Su questo libro

L'autore:

Leonard Matz is an author, consultant, and bank trainer. He graduated from Case Western Reserve University in Cleveland, Ohio in 1973. After spending five years with the Federal Reserve as a bank examiner, he spent 14 years in various bank management positions. Mr. Matz is the author of numerous books as well as magazine and journal articles. His other books includeInterest Rate Risk Management and the Self Paced Guide to Asset/Liability Management Training. He is a frequent speaker and industry conferences and training programs and has been a member of the National Asset/Liability Management Association since 1989.

Peter Neu is an author, consultant and former banker living with his wife in Frankfurt, Germany. He graduated in 1994 with a PhD from the University of Heidelberg in Theoretical Physics. After completing a post-doctorate position at MIT, Cambridge M.A., Peter Neu joined Group Risk Control of Dresdner Bank AG in 1997. As a member of Group Strategic Risk & Treasury Control, he worked on various market and credit risk projects and was involved in building Dresdner’s economic capital model before taking over the responsibility for liquidity risk control. In 2005, Peter Neu joined the Boston Consulting Group as its European head of a risk expert team. He frequently speaks at industry conferences and training courses and has published articles on credit risk and operational risk measurement.

Dalla quarta di copertina:

"Liquidity risk is an equal part of the holy trinity of risks, the other two being market and credit risks. It is the least understood of the three and as a result, investors are missing out on an important dimension of risk, diversification and hedging. This valuable book fills the gaps on a much neglected subject and provides a refreshing perspective to it."
—Avinash D. Persaud
President, Intelligence Capital Limited

"Liquidity risk is rapidly moving up the agenda, both within financial institutions as well as in the supervisory community, and the timing of this book could not be better. This book is well-structured and comprehensive in its coverage. It is written by highly experienced and respected professionals and is an important source for anyone who wants to understand liquidity risk."
—Chris Matten
Partner, Financial Services Industry Practice PricewaterhouseCoopers

"Liquidity risk management is in many ways the poor relation of risks but the one that is suddenly receiving a great deal of attention from global regulators. This book certainly fills a long overdue gap with regard to published material and is required reading for liquidity risk practitioners"
—Richard Pattinson
Senior Director, Barclays Treasury
Barclays Bank PLC

Su questa edizione

• Editore: John Wiley & Sons Inc
• Data di pubblicazione: 2006
• ISBN 10: 0470821825
• ISBN 13: 9780470821824
• Rilegatura: Copertina rigida
• Numero di pagine: 395
• Redattore: Matz Leonard, Neu Peter