Successful Bank Asset/Liability Management: A Guide to the Future Beyond GAP

Two virtuosos of risk management show you how to close up the holes in your gap defenses - before the regulators call! Bankers Monthly dubbed them virtuosos of risk management [who have] raised A/L management to an art. And this hands-on approach to asset/liability management from Bitner and Goddard is exactly what you’d expect from such banking leaders. It’s the first true action book in the field moving beyond simple gap analysis, theory, and fundamentals to show you how to apply the full range of today’s sophisticated A/L management techniques - and comply with the latest banking regulations. You’ll find Full discussions of interest rate exposures not measured by gap, but of vital interest to institutions and regulators alike: basis risk (the difference in the change of interest rates between instruments of identical maturities) and imbedded options (loan payoffs and early deposit withdrawals)Helpful and informative insights from leading A/L management practitioners, consultants, and software developersWhether you’re involved with a commercial bank, savings and loan association, or credit union, you can’t afford to ignore the gap in your institution’s risk defenses any longer. Put the virtuosos of risk management to work today.