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This is the Safari online edition of the printed book.
As institutional shareholders increase pressure on value creation and as central banks around the world are forcing banks to improve their ALM capabilities, the time has come for every banker to master the tools of asset and liability management and the control of value creation and risk. Written for a general business audience, Asset and Liability Management is a complete toolbox for those wishing to get to grips with the subject.
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Based on 2 Ratings
Strictly for beginners - 2002-04-29
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All potential readers be warned: this book is only suitable for very early beginners, people starting from absolute scratch on the topic. It is very clear and concise (I read it in a single afternoon) but you are not going to find in-depth discussion of anything. Also I'd like to make it clear that the book talks about ALM in banks only (no insurance companies, pension funds, endowments etc).
So, if you are very ignorant but curious, this book is for you (possibly buy it used, it's not cheap). If you already know the basics of ALM, my advice is to buy something else.
only for students - 2002-05-12
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You shall be interested in the book only if you are just beginning to learn about a bank analysis and management. Be careful!!!
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