The definitive and timeless guide to the principles of banking and finance, addressing and meeting the challenges of competition, strategy, regulation and the digital age.
Moorad Choudhry Anthology compiles the best of renowned author Professor Moorad Choudhry's incisive writings on financial markets and bank risk management, together with new material that reflects the legislative changes in the post-crisis world of finance and the impact of digitization and global competition. Covering the developments and principles of banking from the 1950s to today, this unique book outlines the author's recommended best practices in all aspects of bank strategy, governance and risk management, including asset-liability management, liquidity risk management, capital planning, Treasury risk, and corporate framework, and describes a "vision of the future" with respect to a sustainable bank business model. You will gain the insight of a global authority on topics essential to retail, corporate, and investment/wholesale banking, including strategy, risk appetite, funding policies, regulatory requirements, valuation, and much more. The companion website is a goldmine for senior practitioners that provides templates that can applied in virtually any bank, including policy documents, pricing models, committee terms of reference, teaching aids and learning tools including PowerPoint slides and spreadsheet models. These facilitate a deeper understanding of the subject and the requirements of the senior executive, making this book an ideal companion for practitioners, graduate students and professional students alike.
The intense demand for knowledge and expertise in asset-liability management, liquidity, and capital management has been driven by the regulatory challenges of Basel III, the European Union's CRDIV, the Volcker Rule, Dodd-Frank Act, and a myriad of other new regulations. This book meets that need by providing you with a complete background and modern insight on every aspect of bank risk management.
- Re-engage with timeless principles of finance that apply in every market and which are the drivers of principles of risk management
- Learn strategic asset liability management practices that suit today's economic environment
- Adopt new best practices for liquidity models and choosing the appropriate liquidity risk management framework
- Examine optimum capital and funding model recommendations for corporate, retail, and investment/wholesale banks
- Dig deeper into derivatives risk management, balance sheet capital management, funding policy, and more
- Apply best-practice corporate governance frameworks that ensure a perpetual and viable robust balance sheet
- Adopt strategy formulation principles that reflect the long-term imperative of the banking business
In the 21st century more than ever banks need to "re-learn" traditional risk management principles and apply them every day. Every bank in the world needs to be up to speed on these issues, and Anthology from Professor Moorad Choudhry is the answer to this new global policy response.
Anthology by Professor Moorad Choudhry compiles the best of this renowned author's past superlative writings on banking and finance, together with new material that reflect the reality of digital commerce in the post-crash era. This unique book outlines the author's recommended best-practice approach to modern banking, covering everything from strategy and customer service to asset-liability management and corporate governance. It is no less than a "vision of the future" of a sustainable and robust bank business model.
Readers will benefit from re-engaging with timeless principles of banking that apply in every market and which are the drivers of good risk management discipline, as well as understanding and applying best-practice corporate governance and processes of strategy formulation that ensure long-term success.
Every banker in the world, regardless of experience or seniority, needs to be current on these issues, and The Moorad Choudhry Anthology provides the solutions needed in today's new global regulatory environment.
