The fundamental work of Joseph Sinki is very popular not only as a textbook, but also as a practical guide to managing the finances of a commercial bank in a rapidly changing environment. It examines the most important trends in banking and the financial industry - globalization, securitization, the introduction of information technology. Throughout the book there is a thought about the key role of financial innovation and risk management in the financial management of banks. Specific examples of the application of new financial technologies and tools for risk management, increasing the value of the bank are given. The book is intended for both researchers and market participants; it will be useful to any reader interested in financial management in a commercial bank and in the financial services industry. The book can serve as a textbook for both students specializing in the field of bank management, and for future managers of other financial organizations.