Cengage Learning, Jul 24, 2009 - Business & Economics - 888 pages
Closely examine the impact of today's changing, competitive environment on commercial banks and banking services, as well as the entire financial services industry, with Koch/MacDonald's BANK MANAGEMENT, 7E. This new edition reflects the latest changes and developments, from complete regulatory updates to details of the many programs evolving amidst today's financial crises. Whether your students are practicing or future professionals, they will gain a better understanding of the risks associated with loans and securities, the process of securitization, excessive leverage and inadequate liquidity. Core business models demonstrate value core operating earnings versus trading as well as price- and volume-driven profits. The book provides a framework for developing effective strategies that ensure a proper balance between management's profit targets and allowable risk taking. The book's unique approach to understanding commercial bank management from a decision-making perspective presents actual bank managers making strong financial decisions. Your students clearly see how decisions in one area affect performance and opportunities in other areas. Students gain a solid foundation in the key issues confronting managers today as they become familiar with basic financial models used to formulate decisions and better understand the strengths and weaknesses of data analysis. With the help of this latest edition, students develop the logical thought processes needed to achieve strong financial and management results.
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What people are saying - Write a review
Poorly written and explained. Too much non required discussion which ends up nothing to something new. Could have been much better if stick to the point with perfect examples rather than slothful write up of 888 pages. And not to mention about numerous miscalculations throughout the chapters !
Banking and the Financial Services Industry
Government Policies and Regulation
Analyzing Bank Performance
Managing Noninterest Income and Noninterest Expense
The Performance of Nontraditional Banking Companies
Pricing FixedIncome Securities
Managing Interest Rate Risk GAP and Earnings Sensitivity
Managing Interest Rate Risk Economic Value of Equity
The Effective Use of Capital
Overview of Credit Policy and Loan Characteristics
Evaluating Commercial Loan Requests and Managing Credit Risk
Evaluating Consumer Loans
Managing the Investment Portfolio
Global Banking Activities