Foundations of Financial Risk; Contents; Preface: The New World of Banking: Banking after the Global Financial Crisis; Acknowledgments; Introduction; CHAPTER 1 Functions and Forms of Banking; 1.1 Banks and Banking; 1.1.1 Core Bank Services; 1.1.2 Banks in the Economy; 1.1.3 Money Creation; 1.1.4 Payment Services; 1.1.5 Other Banking Services; 1.2 Different Bank Types; 1.2.1 Retail Banks; 1.2.2 Wholesale Banks; 1.2.3 Bank Holding Companies; 1.2.4 Cooperative Banks; 1.2.5 Credit Unions; 1.2.6 Micro-finance Institutions; 1.2.7 Central Banks; 1.3 Banking Risks; 1.3.1 Credit Risk 1.3.2 Market Risk1.3.3 Operational Risk; 1.3.4 Liquidity Risk; 1.3.5 Systemic Risk; 1.3.6 Other Risks That Banks Face; 1.4 Forces Shaping the Banking Industry; CHAPTER 2 Managing Banks; 2.1 Balance Sheet and Income Statement; 2.1.1 Bank Assets; 2.1.2 Bank Liabilities; 2.1.3 Equity; 2.1.4 Income Statement; 2.1.5 The Role of Bank's Equity; 2.2 Loan Losses; 2.2.1 Valuing Assets in the Trading Book; 2.2.2 Value of Assets in the Banking Book, Performing Loans; 2.2.3 Value of Assets in the Banking Book, Non-performing Loans; 2.2.4 Provision for Loan Losses and Loan Loss Reserves 2.2.5 Loan Loss Reserves and Loan Losses2.3 Asset and Liability Management; 2.3.1 Interest Rate Risk; 2.3.2 Liquidity Risk; 2.3.3 Liquidity Standards in Basel III; 2.4 Corporate Governance; 2.4.1 Corporate Governance Structures; 2.4.2 Corporate Governance Techniques; 2.4.3 Senior Management and Corporate Strategies; 2.4.4 Values and Culture; 2.4.5 Financial Incentives; 2.4.6 Internal and External Auditors; 2.4.7 Transparency; CHAPTER 3 Banking Regulation; 3.1 The Evolution of Risk Regulation in Banking; 3.1.1 Why Banks Are Special and Need to Be Regulated; 3.1.2 Liquidity Crises and Bank Runs 3.1.3 Bank Panics3.2 Foundations of Bank Regulation; 3.2.1 Regulatory Objectives; 3.2.2 The Regulatory Process; 3.2.3 Stabilization: The Lender of Last Resort; 3.3 International Regulation of Bank Risks; 3.3.1 Bank for International Settlements; 3.3.2 The Basel Committee; 3.3.3 The Basel I Accord; 3.3.4 The Market Risk Amendment; 3.3.5 Weaknesses of Bank Capital Requirements in Basel I Accord; 3.3.6 The Basel II Accord; 3.3.7 Adopting Basel II; 3.3.8 Limitations of Basel II; 3.3.9 The Basel III Accord; 3.4 Deposit Insurance; 3.4.1 Deposit Insurance Coverage 3.4.2 Deposit Insurance Around the WorldCHAPTER 4 Credit Risk; 4.1 Introduction to Credit Risk; 4.2 Lenders; 4.2.1 Investment Banks; 4.3 Borrowers; 4.3.1 Retail Borrowers; 4.3.2 Corporate Borrowers; 4.3.3 Sovereign Borrowers; 4.3.4 Public Borrowers; 4.4 Characteristics of Credit Products; 4.4.1 Maturity; 4.4.2 Commitment Specification; 4.4.3 Loan Purpose; 4.4.4 Repayment Source; 4.4.5 Collateral Requirements; 4.4.6 Covenant Requirements; 4.4.7 Loan Repayment; 4.5 Types of Credit Products; 4.5.1 Agricultural Loans; 4.5.2 Asset-Based or Secured Lending; 4.5.3 Automobile Loans

Gain a deeper understanding of the issues surrounding financial risk and regulation Foundations of Financial Risk details the various risks, regulations, and supervisory requirements institutions face in today's economic and regulatory environment. Written by the experts at the Global Association of Risk Professionals (GARP), this book represents an update to GARP's original publication, Foundations of Banking Risk. You'll learn the terminology and basic concepts surrounding global financial risk and regulation, and develop an understanding of the methods used to measure and manage market, cr. Weniger lesen

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