在*近几十年中,商业银行的经营环境、组织制度、业务范围、经营方式、管理技术、监管规则等各个方面都发生了极其巨大的变化。本书详细分析了在这种背景下现代商业银行的*新经营管理理念和实践,概括了国际银行业的现状和发展趋势,具体內容包括经营环境分析、银行绩效评价、利率风险管理、负债管理、资本管理、现金资产管理、贷款管理和投资管理等內容。
本书除可作为本科高年级、研究生低年级银行管理课程教材使用外,还可供银行培训教材使用,并可供经济、金融理论工作者和实际工作者阅读参考。

1 FUNDAMENTAL FORCES OF CHANGE IN BANKING
The Fundamental Forces of Change
Increased Competition
Competition for Deposits
Competition for Loans
Competition for Payment Services
Competition for Other Bank Services
Deregulation and Reregulation
Financial Innovation
Globalization
Capital Requirements
Increased Consolidation
Summary
2 ANALYZING BANK PERFORMANCE
Commercial Bank Financial Statements
The Balance Sheet
The Income Statement
The Relationship between the Balance Sheet and
Lncome Statement
The Return on Equity Model
The Uniform Bank Performance Report
Profitability Analysis
Expense Ratio and Asset Utilization
Banking Risks and Returns: The Profitabiiify, Liquidity, and
Solvency Trade-Off
Credit Risk
Liquidity Risk
Market Risk
Operating Risk
Legal Reputation Risk
Capital or Solvency Risk
Maximizing the Market Value of Bank Equity
Evaluating Bank Performance: An Application
PNC's Profitability and Risk versus Peers in 2001
PNC's Profitability versus Risk: 1993-2001
CAMELS Ratings
Performance Characteristics of Different-sized Banks
Financial Statement Manipulation
Preferred Stock
Nonperforming Loans
Securities Gains and Losses
Nonrecurring Sales of Assets
Summary
3 MANAGING NONINTEREST INCOME AND NONINTEREST EXPENSE
Common Financial Ratios of Expense Control and
Noninterest Income Growth
Noninterest Income
Noninterest Expense
Key Ratios
Operating Risk Ratio
Customer Profitability and Business Mix
Which Customers Are Profitable?
What Is the Appropriate Business Mix?
Strategies to Manage Noninterest Expense
Cost Management Strategies
Summary
4 MANAGING INTEREST RATE RISK: GAP AND EARNINGS SENSITIVITY
Measuring Interest Rate Risk with GAP
Traditional Static GAP Analysis
What Determines Rate Sensitivity?
Factors Affecting Net Interest Income
Changes in the Level of Interest Rates
Changes in the Relationship between Sh0rt-Term Asset Yields and
Liability Costs
Changes in Volume
Changes in Portfolio Composition
Rate, Volume, and Mix Analysis
Rate-Sensitivity Reports
Strengths and Weaknesses: Static GAP Analysis
Link between GAP and Net Interest Margin
Earnings Sensitivity Analysis
Exercise of Embedded Options in Assets and Liabilities
Different Interest Rates Change by Different Amounts at
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