Asset & Liability Management A Guide to Value Creation and Risk Control

As deregulation and competition are reducing margins around the world, the need for knowledge on Asset & Liability Management - the control of a bank's profit and risks - becomes an absolute necessity for any banker in charge of a profit center, central bankers in charge of bank supervision, and banks' auditors, consultants, or lawyers.<>This is the first book on Asset and Liability Management that emphasises both risk control and value creation. It is written for non-specialist bankers in a concise and accessible style by a world authority on ALM who has more than 20-years executive-education experience with international bankers.<>Although ALM appears complex, there are in fact few key concepts to master and assuming no previous knowledge of the subject, this book guides you through the basics of Asset and Liability Management to more advanced issues.<>Packaged with the book is a step-by-step tutorial CD-ROM that focuses on visuals, and exercises with built-in solutions. This can be used as a stand-alone self-learning device or as a tool after reading the book to test and reinforce the concepts learnt.Dermine, Jean is the author of 'Asset & Liability Management A Guide to Value Creation and Risk Control' with ISBN 9780273656562 and ISBN 0273656562.