Contemporary Financial Intermediation

Hardcover | March 20, 2007

byStuart I. Greenbaum, Anjan V. ThakorEditorStuart I. Greenbaum

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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."This book is the perfect liasion between the microeconomics realm of information economics and the real world of banking and financial intermediation. It supplies a healthy dose of microeconomic theory to fully understand the underlying features of the most common financial instruments used in modern banking practice, all explained thoroughly with down to earth narratives and doable math/game theoretic instruments. It makes a wonderful preview before going on with Freixas text, or at least as its companion."--Quote referring to first edition from Enrique Fernandez on amazon.com * Completely undated edition of a classic banking text* Online solutions manual, instructor resources, and ppt slides available to instructors on publisher's website* Authored by experts on financial intermediation theory, only textbook that takes this approach situating banks within microeconomic theory

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From the Publisher

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 s...

From the Jacket

Business/FinanceContemporary Financial Intermediation, 2nd EditionStuart I. Greenbaum and Anjan V. ThakorIn Contemporary Financial Intermediation, Second Edition, Stuart Greenbaum and Anjan Thakor bring a unique analytical approach to the subject of banks and banking in this completely revised and updated second edition. The authors ex...

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 Profess...
Format:HardcoverDimensions:672 pages, 10.25 × 7.25 × 0.98 inPublished:March 20, 2007Publisher:Academic PressLanguage:English

The following ISBNs are associated with this title:

ISBN - 10:0122990536

ISBN - 13:9780122990533

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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