Saunders and Cornett?s Financial Institutions Management: A Risk Management Approach 5/e focuses on managing return and risk in modern financial institutions. The central theme is that the risks faced by financial institutions managers and the methods and markets through which these risks are managed are becoming increasingly similar whether an institution is chartered as a commercial bank, a savings bank, an investment bank, or an insurance company. Although the traditional nature of each sector?s product activity is analyzed, a greater emphasis is placed on new areas of activities such as asset securitization, off-balance-sheet banking, and international banking.



Table of Contents:

Part I Introduction

Ch. 1 Why Are Financial Intermediaries Special?

Ch. 2 The Financial Services Industry: Depository Institutions

Ch. 3 The Financial Services Industry: Insurance Companies

Ch. 4 The Financial Services Industry: Securities Firms and Investment Banks

Ch. 5 The Financial Services Industry: Mutual Funds

Ch. 6 The Financial Services Industry: Finance Companies

Ch. 7 Risks of Financial Intermediation

Part II Measuring Risk

Ch. 8 Interest Rate Risk I

Ch. 9 Interest Rate Risk II

Ch. 10 Market Risk

Ch. 11 Credit Risk: Individual Loan Risk

Ch. 12 Credit Risk: Loan Portfolio and Concentration Risk

Ch. 13 Off-Balance Sheet Risk

Ch. 14 Technology and Other Operational Risks

Ch. 15 Foreign Exchange Risk

Ch. 16 Sovereign Risk

Ch. 17 Liquidity Risk

Part III Managing Risk

Ch. 18 Liability and Liquidity Management

Ch. 19 Deposit Insurance and Other Liability Guarantees

Ch. 20 Capital Adequacy

Ch. 21 Product Diversification

Ch. 22 Geographic Diversification: Domestic

Ch. 23 Geographic Diversification: International

Ch. 24 Futures and Forwards

Ch. 25 Options, Caps, Floors, and Collars

Ch. 26 Swaps

Ch. 27 Loan Sales and Other Credit Management Techniques

Ch. 28 Securitization