VALUE CREATION & RISK CONTROL IN A FAST CHANGING BANKING WORLD (ASSET & LIABILITY MANAGEMENT)
Basel 4 regulations on capital, liquidity, interest rate risk and corporate structure have significant impact on strategy, long-term value creation, performance evaluation, advanced fund transfer pricing, product pricing and Asset & Liability Management (ALM). The digital revolution, competition from Fintech players, the ultra-low interest rate level in some countries and large economic and political uncertainty create headwinds.
As the banking world is shifting from an overriding concern for growth to a preoccupation with long-term value creation and risk control, knowledge of drivers of Bank Valuation and Asset & Liability Management is becoming a necessity for all bankers accountable for the results of a profit center. ALM is a tool that ensures that decision making, risk-taking and performance evaluation are consistent with the corporate objectives set by senior management and the board, and the regulatory constraints imposed by central banks, such as Basel 3 or Basel 4. During the seminar, Professor Jean Dermine will discuss the content of his book Bank Valuation and Value-based Management (Mc Graw-Hill, 2nd edition, NY, 2015) and participants will apply concepts with the bank simulation ALCO Challenge.
|The Determinants of the Market Value of a Bank||9||1|
|Asset & Liability Management (I)||9||1|
|Asset & Liability Management (II)||9||1|