Managing Risk in the Foreign Exchange, Money and Derivative Markets [Hardcover]

Introduction.Price Risk.Use of Derivatives Products.Credit Risk.Cross Border Risk.Futures Exchanges.Liquidity Risk.Balance Sheet Management.Organizational Structure.Miscellaneous Other Controls Behavior and Fraud.Heinz Riehl, one of the world?s leading experts in managing risk in treasury and derivatives, is founder and president of Riehl World Training & Consulting, Inc., a risk-management consulting firm which advises international banks and central banks worldwide. He is also one of the world's leading experts in managing risk in treasury and derivatives. Additionally, he is Adjunct Professor of International Business and Finance at New York University?s Stern School of Business and a former member of the New York Federal Reserve Bank?s Foreign Exchange Committee and chairman of its Risk Management subcommittee. Riehl is coauthor of McGraw-Hill?s Foreign Exchange & Money Markets.In praise of Managing Risk in the Foreign Exchange, Money, andDerivative Markets. Heinz is a true master in explaining riskmanagement. He taught me Zenlike insights into global market risks.This book gives others the opportunity to benefit from his uniquestyle and years of experience. --Andrew Sheng, Deputy Chief Executive,Hong Kong Monetary Authority. A clear and thorough explanation ofrisk management made simple and easy to understand through extensiveuse of analogies. The topics covered are practical, dealing withreal-life situations arising in the financial markets. Highlyrecommended! --Michael E. deSa, Head of Global Foreign Exchange,Deutsche Bank. Heinz Riehl is that exceptional expert practitioner whocan actually explain what he does in a clear, straightforward way thatis both informative and engaging. This book will be a valuableresource not only for those who initiate financial transactions, butalso for those in the public and private sector who must supervisethem. --Dr. Richard Herring, Vice Dean, Wharton School. Heinz Riehlis one of the world's leading authorities on risk ml+