This text covers macroeconomic and regulatory policy issues and briefly overviews the distinct types of financial institutions. More important, it discusses strategies for managing financial firms in a competitive environment, and analyzes the process of innovation, so that students can appreciate how financial intermediaries add value in the financial marketplace. The book is appropriate for upper-level undergraduate and introductory graduate courses primarily in financial markets, financial institutions and capital markets, secondarily in money and banking, financial intermediation and the financial system.
Sprache
Verlagsort
Verlagsgruppe
Pearson Education Limited
Zielgruppe
Illustrationen
Maße
Breite: 242 mm
Dicke: 31 mm
Gewicht
ISBN-13
978-0-673-46330-2 (9780673463302)
Copyright in bibliographic data is held by Nielsen Book Services Limited or its licensors: all rights reserved.
Schweitzer Klassifikation
Part 1 Survey of financial institutions and markets: money and bond markets; equity markets; overview of depository financial institutions in the US; government regulation of depository intermediaries; the dynamics of regulatory reform; overview of non-depository financial institutions in the US; the global financial system. Part 2 Interest rates and exchange rates in a global economy: interest rates in a market economy; term structure of interest rate risk; exchange rates and capital flows in the global economy; the monetary policy debate. Part 3 Innovation in financial markets: futures and forward contracts; options; swaps; risk management strategy; securitization. Part 4 Management of financial firms: the value chain in financial firms; managing credit risk; managing interest rate risk; innovations in managing interest rate risk; managing foreign exchange risk.
