Bank Asset and Liability Management
Bank Asset and Liability Management is a comprehensive treatment of an important financial market discipline. A reference text for all those involved in banking and the debt capital markets, it describes the techniques, products, and art of asset-liability management. Subjects covered include bank capital, money market trading, risk management, regulatory capital, and yield curve analysis. Written in an accessible style, this book is essential reading for market practitioners, bank regulators, and graduate students in banking and finance.
Praise for Bank Asset and Liability Management
"Again, Moorad Choudhry takes his readers beyond the older books in the market that simply list a string of facts, and into a world of highly practical and up-to-the-minute concepts and strategies. Bank asset-liability management is about knowing when and how to use all the tools available. This book tackles the whole spectrum."
― Peter Eisenhardt, Head of Short Term Fixed Income Origination, Debt Capital Markets, Bank of America
"An informative account of banking ALM from the point of view of the market practitioner."
― Shahid Ikram, Head of UK Sovereign bonds and G7 hedge fund, Morley fund Management LT
"A highly readable text which serves as an essential primer for both market practitioners and academics alike to help understand the rapidly evolving risk management techniques used by Treasury and Money market desks."
― Adam Sutton, Head of European Repo, Global Funding Desk, Bank of America, London
"Bank Asset and Liability Management offers a clear, insightful perspective of the global Banking and liquidity markets. This book is a great reference tool for all finance professionals. Really, really impressive."
― Bhavin Parmar, Securities Finance Trader, ABN Amro Bank N.V., London
"A brilliant and comprehensive account of all the various disciplines that make up the art of bank asset-liability management. Fantastic work! Every bank should have a copy of this book."
― Mohamoud Barre Dualeh, Private Banking Unit, Abu Dhabi Commercial bank, UAE
"This latest publication is an essential read for anyone involved in the industry. Moorad delivers financial theories in a practical and entertaining package."
― Mark Williams (Director) and Wei Lieh Goh, Hedge Fund Derivatives, KBC Financial Products, London