Description
This text is intended for use in a junior/senior/graduate level course in Commercial Bank Management or Financial Institution Management taught at most four-year schools out of the finance department. The authors aim to present the institutional setting of banking in a framework that recognizes the vast bridge to financial markets and theory. * The Changing Nature of Banking in the US * Understanding a Bank’s Financial Statements * Evaluating a Bank’s Returns, Risks, and Overall Performance * Foundations of Value in Banking * Asset and Liability Management and the Yield Curve * The Acquisition and Cost of Bank Funds * Measuring and Providing Reserves and Liquidity * Managing the Security Portfolio * Managing Bank Capital * The Bank Credit Organization * Credit Selection, Underwriting, and Portfolio Diversification * Consumer Lending * Financial Futures and Forwards: Hedging and Pricing * Interest Rate Swaps: Hedging and Pricing * International Banking
