Risk Management in Banking [Paperback]

Joël Bessis (Author)

Book Description

Publication Date: February 11, 1998 | ISBN-10: 0471974668 | ISBN-13: 978-0471974666

Risk Management in Banking Joel Bessis Risk management and efficient asset allocation are the watchwords of modern banking - not only for profitability and security, but also to comply with the increasingly stringent international regulations laid down by the Bank for International Settlements. Risk Management in Banking examines all aspects of financial risk management in banking, from global considerations right down to the fundamental aspects of the management of a particular profit centre. The author emphasises the need to understand conceptual and implementation issues of risk management, and examines the latest techniques and practical issues, including
* Value at risk (VAR)
* Risk-based capital (Capital At Risk)
* Asset liability management (ALM)
* Loan portfolio management
* Credit risk
* Market risk
* Interest rate risk
* Liquidity risk
* Funds transfer pricing
* Capital allocation
Questions such as: "How do we implement a risk management system?" and "What is the practical potential of banking risk management techniques?" are answered, making Risk Management in Banking an essential text for MBA students, practitioners in banking and financial services, bank regulators and auditors.

Editorial Reviews

Review

"…this book is the right book to start working with Risk Management in banking…this book is worth every penny…" (MCSE Mag, 24 Janury 2003)

"…This book is the right book to start working with Risk Management in Banking…this book is worth every penny…" (www.mcsemag.eu.org, 20 March 2003) --This text refers to an out of print or unavailable edition of this title.

Language Notes

Text: English
Original Language: French --This text refers to an out of print or unavailable edition of this title.

See all Editorial Reviews

Product Details

• Paperback: 448 pages
• Publisher: John Wiley & Sons (February 11, 1998)
• Language: English
• ISBN-10: 0471974668
• ISBN-13: 978-0471974666
• Product Dimensions: 8.7 x 5.8 x 1.1 inches
• Shipping Weight: 1.2 pounds
• Average Customer Review: 3.5 out of 5 stars  See all reviews (6 customer reviews)
• Amazon Best Sellers Rank: #1,858,456 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

17 of 17 people found the following review helpful:

4.0 out of 5 stars good overal beginner reference to risk management in banking, January 9, 2001

By 

stat - See all my reviews

This review is from: Risk Management in Banking, 2nd Edition (Paperback)

The book is very well structured and I think and excellent introduction to the risk management in banking. I bought this book as hope to give me some more detailed presepective of risk management, but after reading it I think it should be used as a side reading reference to finance courses that some of the universities offer today in risk management or financial engineering. The author covers almost everything that we should know in risk management if we are new to it. However, if you are more experienced with finance or risk management I think this could be potential waste of money. I also think that the book has a bit high price for what it offers.One of the main reasons is the fact that the book is written in an elementary/intermediate form. Even as an elementary/intermediate level book I think that there should have been more examples or applicable activities that one can acctually see how some aspects of risk management are applied in the real world. Yes, there are some examples but not to an extent as there should be especially in the field as risk management and finance, where more and more people read these kinds of books in order to see or find how they can apply the information in the book to some real time activities in the financial market or corporate institution.

If you are looking for some more concrete text with some serious derivation of mathematical formulas for finance and risk management, or some more detailed presentations (more complex to read) I think you should then consider buying some other book.

16 of 20 people found the following review helpful:

4.0 out of 5 stars Excellent, but Overpriced, Reference on Bank Risk Management, May 2, 1999

By A Customer

This review is from: Risk Management in Banking (Hardcover)

This is an excellent book which I have found to be very useful. The book gets 5 stars for its content. The negative is that the book is overpriced, particularly when the publisher released a paperback version priced at less than half the price of the hardback version shortly after the hardback was published - hence the lower rating.

5 of 5 people found the following review helpful:

4.0 out of 5 stars Great intro, but a bit repeatitive, November 21, 2002

By 

Henry Wong (Melbourne, VIC Australia) - See all my reviews

This review is from: Risk Management in Banking, 2nd Edition (Paperback)

Bessis' volume is an elementary introduction to the basic "concepts" of risk management in banking. This is by no mean a technical book and should be accessible to most people with high school maths background. Judging on the capacity to explain basic ideas in layman's term, this is an excellent book!

However, the author seems to be a bit repeatitive and some basic concepts are to be repeated a few times throughout the book. I find it annoying but others might well find it a desirable feature for a "textbook". On the other hand, although the book is full of diagrams and illustrations, a small number of them are quite puzzling, e.g. contain symbols which are nowhere defined and is probably up to the reader to guess!

Anyway, if it is the first book you'll ever read on this subject, I believe it is an excellent choice!