Previously published by Wiley, the goal for the fourth edition remains the same: equip students with the knowledge and skills needed to apply for good jobs in the banking industry. The central theme focuses on bank management as the management of risk, including credit risk, liquidity risk, investment risk, capital risk, derivatives risk, and more. This fourth edition is updated to cover the recent financial crisis that severely challenged the banking industry. Three major changes are new laws, new technology, and globalization.