Bank Management : Text and Cases (5th ed)

This text has been revised to address the dramatic evolution in the managing of financial institutions.

Competitive and financial market forces have significantly penetrated into customer relationships.

All banking transactions today cannot be done without first accessing actual and potential competition on a local, national and international scale.

Plus, changes in financial markets, such as financial restructuring, new financial instruments and derivative markets, challenge the adaptability of managers.

The fifth edition has been extensively re-engineered to address all of the new challenges in the banking industry.

It explains the management of profit and risk in funding, lending, liquidity, capital, securities and co-ordinated asset and liability activities.

It also provides a thorough introduction to valuation in banking based on fixed-income, business finance theory, and analysis of asset and liability management.