By
Stuart I. Greenbaum, Bank of America Professor of Managerial Leadership and former Dean, John M. Olin School of Business, Washington University, St. Louis, MO, USA
Anjan V. Thakor, John E. Simon Professor of Finance and Director of the PhD Program, Olin School of Business, Washington University, St. Louis, MO, USA
Description
Stuart Greenbaum and Anjan Thakor bring a unique analytical approach to the subject of banks and banking in this completely revised and
updated new edition. They expand the scope of the typical bank management course by addressing all types of deposit-type financial institutions
and by explaining the why of intermediation rather than simply describing institutions, regulations, and market phenomena.This analytic
approach strikes at the heart of financial intermediation by explaining why financial intermediaries exist and what they do. Specific
regulations, economies, and policies will change, but the underlying philosophical foundations remain the same. This approach enables
students to understand the foundational principles and to apply them to whatever context they encounter as professionals. It is a completely
updated edition of a classic banking text. Online instructors manual and ppt slides are available to instructors on the publisher's website.
The authors are recognized experts in banking.
Audience:
Advanced undergraduates and MSc in Finance students in courses on commerical bank management, banking, money and banking, and financial intermediation.
