Author(s): Rudolf Duttweiler
Categories: Business & Economics > Banks & Banking, Business & Economics > Finance, Business & Economics > Economics
Publisher: Wiley
Publish date: 2009-05-26
ISBN-10: 0470740469
ISBN-13: 9780470740460
Language: English
Description: Due to the current credit crisis, liquidity is at the top of a
bank's agenda. Under severe liquidity stress, a bank is challenged
in many ways and on different levels, and simply focusing on
liquidity management at the business unit or product level does not
address the problem. Here is a practical reference that details how
the whole business can be protected by creating a financial policy
and liquidity framework that protects the organization from
liquidity risk at all levels with a top-down approach. The book
includes the case of Commerzbank, under stress in late 2002, and
shows which measures and actions were successful or not and why.
bank's agenda. Under severe liquidity stress, a bank is challenged
in many ways and on different levels, and simply focusing on
liquidity management at the business unit or product level does not
address the problem. Here is a practical reference that details how
the whole business can be protected by creating a financial policy
and liquidity framework that protects the organization from
liquidity risk at all levels with a top-down approach. The book
includes the case of Commerzbank, under stress in late 2002, and
shows which measures and actions were successful or not and why.
Read Source: Managing Liquidity in Banks: A Top Down Approach (by Rudolf Duttweiler)»