PART ONE

Introduction 1

 1 Why Are Financial Institutions

Special? 2

 2 Financial Services: Depository

Institutions 25

 3 Financial Services: Finance

Companies 68

 4 Financial Services: Securities

Brokerage and Investment

Banking 84

 5 Financial Services: Mutual Funds

and Hedge Funds 111

 6 Financial Services: Insurance 148

 7 Risks of Financial Institutions 173

PART TWO

Measuring Risk 195

 8 Interest Rate Risk I 196

 9 Interest Rate Risk II 226

 10 Credit Risk: Individual Loan

Risk 274

 11 Credit Risk: Loan Portfolio

and Concentration Risk 326

 12 Liquidity Risk 351

 13 Foreign Exchange Risk 383

 14 Sovereign Risk 412

 15 Market Risk 438

 16 Off-Balance-Sheet Risk 474

 17 Technology and Other Operational

Risks 503

PART THREE

Managing Risk 537

 18 Liability and Liquidity

Management 538

 19 Deposit Insurance and Other

Liability Guarantees 568

 20 Capital Adequacy 605

 21 Product and Geographic

Expansion 651

 22 Futures and Forwards 691

 23 Options, Caps, Floors,

and Collars 728

 24 Swaps 766

 25 Loan Sales 796

 26 Securitization 812

Index 856

第一部分

简介1

 1为什么是金融机构

特别？ 2

 2金融服务：托存

机构25

 3金融服务：金融

公司68

 4金融服务：证券

经纪与投资

银行业务84

 5金融服务：共同基金

和对冲基金111

 6金融服务：保险148

 7金融机构的风险173

第二部分

衡量风险195

 8利率风险I 196

 9利率风险II 226

 10信用风险：个人贷款

风险274

 11信用风险：贷款组合

和集中风险326

 12流动性风险351

 13外汇风险383

 14主权风险412

 15市场风险438

 16资产负债表外风险474

 17技术及其他运营

风险503

第三部分

管理风险537

 18责任和流动性

管理538

 19存款保险及其他

责任保证568

 20资本充足率605

 21产品和地理

扩充651

 22期货和远期691

 23个选项，上限，下限，

和衣领728

 24次掉期766

 25贷款销售796

 26证券化812

索引856