Contemporary Financial Intermediation

ISBN-13: 9780124052086 / Angielski / Twarda / 2019 / 490 str.

Stuart I. Greenbaum; Anjan V. Thakor; Arnoud Boot

Recenzje

"The landscape of banking is undergoing fundamental changes, with the emergence of new financial technologies and regulations and the rise of non-banks. This updated version of the standard textbook on banking is mandatory reading for all regulators, bankers, and students who wonder what is special about banks and what financial intermediation will look like in the future." -Luc Laeven, Director-General, European Central Bank

"This up-to-date standard work on financial intermediation, peppered with many concrete examples, is well founded in economic theory but never loses sight of the rapidly evolving reality of global finance."-Ralph de Haas, European Bank for Reconstruction and Development

"The banking sector has undergone significant changes in the decade since the global financial crisis. Technological change, increased non-bank competition, complex regulations, and shifts in globalization define the new landscape. The revised version of Contemporary Financial Intermediation provides an integrated framework for understanding and analyzing these changes. It is a must read for finance students, regulators and policy makers."-Deniz Anginer, The World Bank

Spis treści

Part I. The Background Chapter 1. Basic Concepts

Part II. What is Financial Intermediation? Chapter 2. The Nature and Variety of Financial IntermediationChapter 3. The What, How, and Why of Financial Intermediaries

Part III. Identification and Management of Major Banking Risks Chapter 4. Bank RisksChapter 5. Interest Rate RiskChapter 6. Liquidity Risk

Part IV. "On Balance Sheet” Banking Activities Chapter 7. Spot Lending and Credit RiskChapter 8. Further Issues in Bank LendinChapter 9. Special Topics in Credit: Syndicated Loans, Loan Sales, and Project Finance

Part V. Off the Bank's Balance Sheet Chapter 10. Off-Balance Sheet Banking and Contingent Claims ProductsChapter 11. Securitization

Part VI. The Funding of the Bank Chapter 12. The Deposit Contract, Deposit Insurance, and Shadow BankingChapter 13. Bank Capital Structure

Part VII. Financial Crises Chapter 14. The 2007-2009 Financial Crisis and Other Financial Crises

Part VIII. Bank Regulation Chapter 15. Objectives of Bank RegulationChapter 16. Milestones in Banking Legislation and Regulatory Reform

Part IX. Financial Innovation Chapter 17. The Evolution of Banks and Markets and the Role of Financial Innovation

Part X. The Future Chapter 18. The Future