MACMILLAN Commercial Banking Risk Management: Regulation in the Wake of the Financial Crisis

This edited collection comprehensively addresses the widespread regulatory challenges uncovered and changes introduced in financial markets following the 2007-2008 crisis, suggesting strategies by which financial institutions can comply with stringent new regulations and adapt to the pressures of close supervision while responsibly managing risk. It covers all important commercial banking risk management topics, including market risk, counterparty credit risk, liquidity risk, operational risk, fair lending risk, model risk, stress test, and CCAR from practical aspects. It also covers major components of enterprise risk management, a modern capital requirement framework, and the data technology used to help manage risk. Each chapter is written by an authority who is actively engaged with large commercial banks, consulting firms, auditing firms, regulatory agencies, and universities. This collection will be a trusted resource for anyone working in or studying the commercial banking industry. From the Back Cover This edited collection comprehensively addresses the widespread regulatory challenges uncovered and changes introduced in financial markets following the 2007-2008 crisis, suggesting strategies by which financial institutions can comply with stringent new regulations and adapt to the pressures of close supervision while responsibly managing risk. It covers all important commercial banking risk management topics, including market risk, counterparty credit risk, liquidity risk, operational risk, fair lending risk, model risk, stress test, and CCAR from practical aspects. It also covers major components of enterprise risk management, a modern capital requirement framework, and the data technology used to help manage risk. Each chapter is written by an authority who is actively engaged with large commercial banks, consulting firms, auditing firms, regulatory agencies, and universities. This collection will be a trusted resource for anyone working in or studying the commercial banking industry. About the Author Weidong Tian is Professor of Finance and Distinguished Professor of Risk Management and Insurance at the University of North Carolina at Charlotte, USA. Prior to coming to UNC Charlotte, Tian served as a faculty member at the University of Waterloo, Canada, and a visiting scholar at the Sloan School of Management at the Massachusetts Institute of Technology, USA. He also held various positions in financial institutions. Contributors Maia Berkane, Wells Fargo & Co. John Carpenter, Bank of America Roy E. DeMeo, Wells Fargo & Co. Douglas Gardner, Bank of the West Jeffrey Gerlach, Federal Reserve of Richmond Larry Li, JPMorgan Chase Kevin Oden, Wells Fargo & Co. James B. Oldroyd, Brigham Young University Valeriu (Adi) Omer, Bank of the West Todd Pleune, Protiviti Jeff Recor, Grant Thornton Brain A. Todd, Bank of the West Hong Xu, AIG Dong (Tony) Yang Yimin Yang, Protiviti Han Zhang, Wells Fargo & Co., USA Steven Zhu, Bank of America Deming Zhuang, Citigroup