Risk Management and Regulation in Banking

I. Introduction by Marshall Sarnat.- II. Risk Management in Banking: An Overview.- 1. Bank Risk Mangement: Theory.- 2. Risk Management in Banking: Practice Reviewed and Questioned.- III. Managing Market and Credit Risks.- 3. Introduction to VaR (Value-at-Risk).- 4. A Comparison between the BIS Standardized Approach and the Internal Models Approach.- 5. Evaluating Credit Risk: An Option Pricing Approach.- 6. Non-Linear Value-at-Risk.- IV. Market Risks: The 1996 Basel Accord.- 7. A Critique of the Basel Regulations, or How to Enhance (Im) Moral Hazards.- 8. The Implementation in the UK of the Basel Accord Regarding Market Risk.- V. Problems in Financial Regulation.- 9. Recent US Experience in Regulating Financial Risk.- 10. A Recent Case History of International Bank Fraud.- VI. Managing Market Risks: The Case of Israel.- 11. Market Risks—The Amendment to the Basle Capital Accord and Internal Model Approach: The Israeli Case.- 12. Risk Management with Derivatives Traded at the Tel Aviv Stock Exchange.