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Asset–Liability Management for Financial Institutions: Balancing Financial Stability with Strategic Objectives
Asset–Liability Management for Financial Institutions: Balancing Financial Stability with Strategic Objectives
Bob Swarup (editor)
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Effective asset-liability management (ALM) of a financial institution requires making informed strategic and operational decisions. Ever more important in the wake of the corporate bailouts and collapses of the financial crisis, ALM encompasses the formulation, implementation, monitoring, and revision of strategies, often on a daily basis due to the fast-moving nature of the related risks and constraints.
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