Contemporary Financial Intermediation

Greenbaum and Thakor offer a distinctive approach to financial markets and institutions. They present an integrated portrait that puts information at the core.  Instead of naming and describing markets, regulations, and institutions as competing texts do, they explore the endless subtlety and plasticity of financial institutions and credit markets.  In the 3rd edition every chapter will be revised and six new chapters will be added. Pedagogical supplements will be increased and enhanced.  For the financial sector, the best pre-professional training is to understand the reasons why markets, institutions, and regulators act as they do.  Our volume demands more in terms of quantitative skills and analysis, but its ability to teach people abut anticipating the financial world is unmatched. Updates and expands a legacy title in a valuable field Signing 3rd and 4th editions ensures a competitive new-edition cycle Holds a prominent position in a growing portfolio of finance textbooks INDICE: 1 Basic concepts 2 The nature and variety of financial intermediation 3 The what, how and why of financial intermediaries 4 Institutions and markets 5 Spot lending 6 Further issues in bank lending 7 Special topics in credit: Syndicated loans, loan sales, and project finance 8 Off-balance sheet banking and contingent claims products 9 Securitization 10 The deposit contract and insurance 11 The 2007-2009 financial crisis 12 Objectives of bank regulation 13 Bank capital structure 14 The governance and structure of financial institutions 15 Corporate control  16 Financial innovation 17 Investment banks and the shadow banking system 18 Financial intermediaries and accounting 19 The future

• ISBN: 978-0-12-405196-6
• Editorial: Academic Press
• Encuadernacion: Cartoné
• Páginas: 675
• Fecha Publicación: 01/08/2015
• Nº Volúmenes: 1
• Idioma: Inglés