Praise for The Principles of Banking

Moorad Choudhry's The Principles of Banking opens up a portal into the world of sophisticated, dynamic, capital markets-based commercial banking. He gives us the big picture, the precise details and a framework for analyzing the enormous risks facing these firms. The book is an invaluable resource.

Jean HelwegeJ. Henry Fellers Professor of Business Administration,Department of Finance, University of South Carolina

This book is a “must read” for all senior bankers. There is no writer better than Moorad Choudhry for communicating the vital principles of liquidity, capital and asset-liability management and bank corporate governance.

Professor Carol AlexanderChair of Financial Risk Management, ICMA Centre, University of ReadingChair of the Board, Professional Risk Manager's International Association

The Principles of Banking is ideal reading for anyone planning or developing a career in banking. Professor Choudhry's coverage is fully integrated, clear, and authoritative. There is no better practitioner's guide to this subject.

Darrell DuffieDean Witter Distinguished Professor of FinanceGraduate School of Business, Stanford University

The failure of the US banking system in 2007--2008 can be effectively described by failing to apply the principles and strategies discussed by Moorad Choudhry. Indeed, banks should understand the dynamic interaction of the economy, credit losses and interest rates, and utilize the strategies within to balance the ...

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