1 of 2 people found the following review helpful:
risk management, 2007-03-16
It is a very useful book for the people who don't know anything about risk management and especially financial risk management in banks.
4 of 5 people found the following review helpful:
An excellent primer on ALM., 2003-05-28
Asset liability management can get rather complicated. The authors treat this subject in a very user friendly way that the layperson can understand, and the technician can get good guidance out of.They cover all the basics really well. After studying this book, you will have a very good understanding of gap analysis, duration, shareholder value added, liquidity management, and other related subject.
3 of 3 people found the following review helpful:
Simply perfect, 2003-04-23
The book offers a perfectly simple approach to ALM in banking. I cannot imagine a more concise framework for this subject. The authors fully attain their objective of providing fun reading for a banking subject,something really out of this world.
16 of 21 people found the following review helpful:
Excellent introductory and relatively adv risk mgmt material, 1999-05-27
The author gives a brief history of the banking history, mainly in the USA and thus motivates the introduction of the several subsequent regulations put in place, and of the different methods os assesing risk and optimising capital allocation. The book excells in simple yet powerful risk management techniques for banks. I have recommended (and, in fact some times given away) this book both to my students and my colleagues in the asset management industry.