The Liquidity Risk Management Guide

The Liquidity Risk Management Guide is a very effective attempt to put a framework to understand, quantify, and risk-manage banks’ exposure to funding gaps and funding risks. Gudni Adalsteinsson successfully manages to combine sound research with his own hands-on experience at a number of important financial institutions. I found the reading approachable, no-nonsense and compelling in its attempt to demystify liquidity as an asset class.’
Philippe Dufournier, Head of Global Finance,
Nomura International

‘This is a book that is written by a finance practitioner who has experienced first-hand a bank insolvency caused to a large extent by a liquidity crisis. As a result, the book is written with a theoretical base but focuses on practical suggestions on how to manage liquidity of a bank and the associated risks of a liquidity failure. The book is thorough, timely, thoughtful and an excellent introduction to liquidity management for the layman, and also a useful companion for professionals in the banking industry.’
Petter Sternby, Managing Director, Financial Institutions Industry Coverage, Standard Chartered Bank

‘This is a must-read book for those wishing to progress to the highest levels of Asset and Liability Management.’
Christopher Blake, Senior Manager, Liquidity Risk, HSBC HOLDINGS PLC HGHQ