Funding and liquidity : recent changes in liquidity management at commercial banks and securities firms / Federal Reserve Bank of New York.

Foreword / E. Gerald Corrigan, i -- Preface / Charles M. Lucas, iii -- Overview, 1 -- Part I. Liquidity management practices, 17 -- Chapter 1. The changing environment faced by large banks and securities firms / Christine M. Cumming, Emily A. Gollob, Susan Hickok and John J. Ruocco, 19 -- Chapter 2. Liquidity concepts / Gary Haberman, Lawrence M. Sweet, and John Wenninger, 45 -- Chapter 3. The separation of liquidity and price risk / Arturo Estrella and Edward J. Ozog, 59 -- Chapter 4. Asset-Based liquidity / Rebecca Brown and Marjorie Mancini, 63 -- Chapter 5. Liability management / John R. Dacey and Jackie Bazel-Horowitz, 71 -- Chapter 6. Integrating liquidity and price risk management / Christine M. Cumming, Arturo Estrella, and Edward J. Ozog, 105 -- Chapter 7. Conclusion of Part I and Policy Implications / Jeffrey S. Bardos, Donald E. Schmid, and John Wenninger, 119 -- Part II. Selected funding instruments, 133 -- Chapter 8. Medium-term notes and deposit notes / Robert Aderhold, 137 -- Chapter 9. Bank investment contracts, municipal reinvestment notes and master notes / Sharon Crockett, Jeanette Kelleher, and Thomas Peterson, 155 -- Chapter 10. Innovations in longer term funding / Manuel Schnaidman and David Toscano, 171 -- Chapter 11. Innovations in consumer deposits / John R. Dacey, 189 -- Chapter 12. Foreign Currency Funding / Alison M. Harwood and Martin P. Mair, 197 -- Chapter 13. Asset sales and bridge loans / Rebecca Brown and Marjorie Mancini, 211 -- Glossary, 221.