Anthony Saunders Professor - ISE Financial Institutions Management: A Risk Management Approach (ISE HED IRWIN FINANCE)

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A Risk Management Approach

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The McGraw-Hill/Irwin Series in Finance, Insurance, and Real Estate

FINANCIAL MANAGEMENT

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Financial Institutions Management: A Risk Management Approach

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A Risk Management Approach Tenth Edition

Anthony Saunders

John M. Schiff Professor of Finance
Salomon Center
Stern School of Business
New York University

Marcia Millon Cornett

Robert A. and Julia E. Dorn
Professor of Finance
Bentley University

Otgontsetseg (Otgo) Erhemjamts

Professor of Finance and
Associate Dean of Business
Bentley University

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FINANCIAL INSTITUTIONS MANAGEMENT

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ISBN 978-1-260-57147-9

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To all my PhD students over the years.

Anthony Saunders

To my parents, Tom and Sue.

Marcia Millon Cornett

To my best friend and husband, Tumen.

Otgo Erhemjamts

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Courtesy of Anthony Saunders

Anthony Saunders

Anthony Saunders is the John M. Schiff Professor of Finance and the former Chair of the Department of Finance at the Stern School of Business at New York University. Professor Saunders received his PhD from the London School of Economics and has taught both undergraduate- and graduate-level courses at NYU since 1978. Throughout his academic career, his teaching and research have specialized in financial institutions and international banking. He has served as a visiting professor all over the world, including INSEAD, the Stockholm School of Economics, and the University of Melbourne.

Professor Saunders has held positions on the Board of Academic Consultants of the Federal Reserve Board of Governors as well as the Council of Research Advisors for the Federal National Mortgage Association. In addition, Dr. Saunders has acted as a visiting scholar at the Comptroller of the Currency and at the Federal Reserve Banks of Philadelphia and New York. He was an academic consultant for the FDIC. He also held a visiting position in the research department of the International Monetary Fund. He is editor of Financial Markets, Instruments and Institutions.