Author Description

A Guide to Treasury in Banking firstly gives a unique and thorough description of the responsibilities of the financial markets department of a bank: its executing role in cash management, liquidity management, FX management and interest rate risk management. The book also describes all products that are used in this respect, from money market cash instruments and vanilla FX instruments to derivatives, such as FRAs, interest rate swaps and options. Finally the book explains the risks that are involved in trading in the financial markets. The book elaborates on market risk, (counterparty) credit risk and operational risk.