Bank Valuation and Value Based Management: Deposit and Loan Pricing, Performance Evaluation, and Risk, 2nd Edition, 2nd Edition

ACKNOWLEDGMENTS

I acknowledge the patience and comments of the many MBA participants and bankers who have tested the concepts and exercises, and I would like to thank the Stern School of Business at New York University, where I spent a sabbatical year, for its hospitality. My assistant, Rachael Noyes, contributed invaluable editorial help, and Mary Glenn, Zach Gajewski, and Donya Dickerson of McGraw-Hill offered continuous support for the second edition. Finally, I acknowledge the creative environment at INSEAD, the international business school, where every day the rigor of academic research meets a constant effort for relevant and crystal-clear classroom delivery.

The U.S. subprime crisis followed by a European sovereign crisis has unfolded, ...