Contemporary Financial Intermediation

Contemporary Financial Intermediation

2nd Edition - March 20, 2007

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  • Authors: Stuart I. Greenbaum, Anjan V. Thakor
  • eBook ISBN: 9780080476810

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Description

Contemporary Financial Intermediation, Second Edition, brings a unique analytical approach to the subject of banks and banking. This completely revised and updated edition expands 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. This book is the perfect liaison between the microeconomics realm of information economics and the real world of banking and financial intermediation. This book is recommended for advanced undergraduates and MSc in Finance students with courses on commercial bank management, banking, money and banking, and financial intermediation.

Key Features

  • Completely undated edition of a classic banking text
  • Authored by experts on financial intermediation theory, only textbook that takes this approach situating banks within microeconomic theory

Readership

Advanced undergraduates and MSc in Finance students in courses on commerical bank management, banking, money and banking, and financial intermediation.

Table of Contents

  • Chapter 1 Basic Concepts
    Chapter 2 The Nature and Variety of Financial Intermediation
    Chapter 3 The What, How, and Why of Financial Intermediaries
    Chapter 4 Major Risks Faced by Banks
    Chapter 5 Sport Lending
    Chapter 6 Further Issues in Bank Lending
    Chapter 7 Off-Balance Sheet Banking and Contingent Claims Products
    Chapter 8 Securitization and Loan Sales
    Chapter 9 The Deposit Contract and Insurance
    Chapter 10 Objectives of Bank Regulation
    Chapter 11 Milestones in Banking Legislation and Regulatory Reform
    Chapter 12 Management of Risks and Opportunities in Banking
    Chapter 13 International Banking: Lending and Related Issues
    Chapter 14 International Banking: Regulation
    Chapter 15 Mergers and Acquisitions
    Chapter 16 Organization Culture in Banking: Governance, Quality, and Ethics
    Chapter 17 The Future

Product details

  • No. of pages: 672
  • Language: English
  • Copyright: © Academic Press 2007
  • Published: March 20, 2007
  • Imprint: Academic Press
  • eBook ISBN: 9780080476810

About the Authors

Stuart I. Greenbaum

Stuart Greenbaum is a leading authority on banks. Formerly dean of the John M. Olin School of Business at Washington University in St. Louis, he spent twenty years at the Kellogg Graduate School of Management at Northwestern University, where he was the Director of the Banking Research Center and the Norman Strunk Distinguished Professor of Financial Institutions. Three times he was appointed to the Federal Savings and Loan Advisory Council and was twice officially commended for extraordinary public service. He is founding editor of the Journal of Financial Intermediation.

Affiliations and Expertise

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

As the John E. Simon Professor of Finance and Senior Associate Dean of Programs at the Olin School of Business, Washington University, St. Louis, Anjan Thakor works in both academia and the business world. Prior to joining the Olin School, he was Edward J. Frey Professor of Banking and Finance at the Ross School of Business, University of Michigan, where he also served as chairman of the Finance area. He has worked with many companies, including Whirlpool Corporation, Allision Engine Co., Citigroup, RR Donnelley, Dana Corporation, Anheuser-Busch, Zenith Corporation, Lincoln National Corporation, and J.P. Morgan.

Affiliations and Expertise

John E. Simon Professor of Finance and Director of the PhD Program, Olin School of Business, Washington University, St. Louis, MO, USA

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  • latel m. Tue Mar 17 2020

    financial intermediaries

    financial intermediaries