Contemporary Financial Intermediation, 2nd Edition

M

M. See Effective maturity

M&A. See Mergers & acquisitions

MAC. See Material adverse change

Management. See also Bank management; Risk management

ability, 460–461

acquisition, 552, 556

asset, 601

crisis, 532, 550–551, 551f

day-to-day, 532

efficiency improvement, 569–570, 581

funds, 69, 337, 601

of inherent risks, 532–547

of interest rate risk, 366

in investment banking, 601

regulatory risk, 541–549

risk, 620

tools, 184, 385–386

Managerial agency problems, 572

reducing, 573–574

Managerial compensation schemes, 573

Manufacturers Hanover Trust Company, 226, 259

Margin credit, 83

for borrowers, 84

Market

completeness, 13, 22–24

discipline, 510, 514–515

efficiency, 21–22

failure, preventing, 25

incompleteness, reducing, ...