Part I: Introduction

1.         The Role of the Bank Credit Analyst

2.       The Business of Banking

3.       An Overview and Introduction to Bank Credit Analysis

4.       A New Regulatory & Risk Management Environment Under Basel 2

Part II: The Banking Environment

5.         The Banking Environment: Industry Health & the Credit Cycle

6.       Country Risk: An Introduction to Sovereign Risk Analysis

7.         The Regulatory Regime The Contours of Prudential Regulation of Banks

8.       The Product Environment

Part III: Bank Financial Statements and the CAMEL Model

9.         Deconstructing a Bank’s Financial Statements, Part One Understanding The Income Statement

10.     Deconstructing a Bank’s Financial Statements, Part Two The Balance Sheet

11.     Introduction to the CAMEL model

12.   Beyond CAMEL

Part IV Applying the CAMEL Model (3z)

13.     Earnings & Profitability Evaluating Overall Performance

14.     Earnings & Profitability Evaluating the Interest Income and Non-Interest Income Components of Revenue

15.     An Introduction to Asset Quality Non-Performing Loans and the Credit Cycle

16.     Qualitative Review of Asset Quality

17.     Quantitative Review Of Asset Quality

18.     Capital Cushion Against Loss

19.     Capital Adequacy: Basel I and its Deficiencies

20.   Capital Adequacy: The Transition to Basel II

21.     Funding and Liquidity, Part I Liquidity and Asset-Liability Management

22.     Funding and Liquidity, Part II Funding the Bank and Ratio Analysis

23.     Bank Management and Corporate Governance

Part V: Financial Quality

24.   Financial Quality & The Importance of Accounting Treatment

25.   How Banks Fudge Their Figures, Part I

26.   How Banks Fudge Their Figures, Part II

Part VI: When Banks Go Bad

27.     The Distressed Bank, Part IAims and Methods of Restructuring

28.     The Distressed Bank, Part II Recapitalization

29.     The Distressed Bank, Part III Illustrative Approaches to Restructuring —

Part VII: Other Financial Institutions

30.   Analyzing Investment Banks and Specialist Institutions

31.   Analyzing Other Financial Institutions

Part VIII: Banks and the Rating Industry

32.     Rating the Bank, Part The Ratings Industry and its Rationale

33.     Bank Rating Types and Syrnbologies

34.   Rating Industry Trends

Part VIII:  Bank Analysis Within the Bank: The Product Context

35.   Basic Corporate & Trade Finance Products

36.   Vanilla Financial Exposures

37.   Non-Generic Financial Exposures

38.   Other Exposures

Parti IX: The Broader Universe of Bank Analysis

39.   An Introduction to Fixed Income Analysis Applied to Financial Institutions

40.   An Introduction to Bank Equity Analysis

Part X: Appendices

Appendix A The Basel 2 Framework

Appendix B Bank Analysis Toolbox — Ratio Compendium

Appendix C Glossary

Appendix D Sources and Further Reading