IDEAS home Printed from https://ideas.repec.org/h/spr/mgmchp/978-3-030-42866-2_9.html
   My bibliography  Save this book chapter

Risk Modeling: Asset Liability Management

In: Bank Management and Control

Author

Listed:
  • Johannes Wernz

Abstract

Often the yield curve is such that long-term interest rates are higher than short-term interest rates. Before the financial crises, there were some nice gains as a result of this difference in interest rates. Nevertheless, when the financial crisis hit in 2007, the yield curve twisted, and the asset mismatch led to big losses. Some banks like Dexia (Belgium) or Depfa (Ireland, later part of HRE, Germany) had refinancing schemes that were quite risky, because there was a big asset mismatch. Loans were provided long term whereas refinancing was done short term.

Suggested Citation

  • Johannes Wernz, 2020. "Risk Modeling: Asset Liability Management," Management for Professionals, in: Bank Management and Control, edition 2, chapter 0, pages 105-107, Springer.
    • Handle: RePEc:spr:mgmchp:978-3-030-42866-2_9
    DOI: 10.1007/978-3-030-42866-2_9
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:spr:mgmchp:978-3-030-42866-2_9. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://www.springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.