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This volume begins with Simone I. Flynn’s overview of the basic strategies used in the management of financial
institutions. These strategies include activity-based costing, asset-liability management, risk management, crisis management, and compliance with federal and state regulations. Marie Gould narrows this topic with a specified focus on commercial bank management, particularly with respect to handling risk. In this analysis, Gould divulges information
on the banking industry’s losses over the past ten years, the types of risks banks can encounter, and the methods banks can use to assess these risks.