Managing Bank Risk

Managing Bank Risk reformulates proven concepts of credit risk management in the context of contemporary best practice techniques in portfolio management.

Professor Glantz provides print and electronic risk-measuring tools that ensure that credits are made in accordance with bank policy and regulatory requirements, giving bankers the data necessary for judging asset quality and value. The book's two sections, New Approaches to Fundamental Analysis and Credit Administration, show readers ways to assimilate new tools, such as credit derivatives, cash flow computer modeling, distress prediction and workout, interactive risk rating models, and probabilistic default screening, with well-known controls. By following the guidelines of the Basel Committee on Banking Supervision, the book offers useful models, programs, and documents essential for creating a sound credit risk environment, credit granting processes, and appropriate administrative and monitoring controls.

This book is recommended for professionals working in lending industries and graduate students studying commercial banking, financial accounting, financial intermediation, financial studies, and international finance.

"Mort Glantz has succeeded in writing a book which reformulates proven concepts of credit risk management in the context of contemporary best practice techniques in portfolio management. The invaluable supporting and reference materials make this volume a benchmark publication for the financial community."
—George Votja, Director, Financial Services Forum

"This book should be required reading for the growing number of 'Credit Risk Managers' and 'Credit Risk Departments' at big banks and even community banks. One thing we learned from Enron and other troubled borrowers that did not make it through the 2001-2002 recession is that there can never be too much credit analysis, especially on complicated deals which are becoming the rule rather than the exception. Managing Bank Risk will be one of the most important tools in this regard for bankers, examiners, and others interested in understanding and measuring credit risk."
—Kenneth H. Thomas, The Wharton School, University of Pennsylvania