Financial Markets and Institutions

4 Rev ed
ISBN: 978-0-07-726237-2
Verlag: McGraw-Hill Education - Europe

Buch, Englisch, 697 Seiten, Format (B × H): 225 mm x 284 mm, Gewicht: 1713 g

Financial Markets and Institutions, 4/e offers a unique analysis of the risks faced by investors and savers interacting through financial institutions and financial markets, as well as strategies that can be adopted for controlling and managing risks. Special emphasis is put on new areas of operations in financial markets and institutions such as asset securitization, off-balance-sheet activities, and globalization of financial services.

Autoren/Hrsg.

Saunders, Anthony

Cornett, Marcia Millon

Cornett, Marcia

Fachgebiete

• Wirtschaftswissenschaften Finanzsektor & Finanzdienstleistungen Finanzsektor & Finanzdienstleistungen: Allgemeines

Inhaltsverzeichnis

Part I. Introduction and Overview of Financial Markets Chapter 1: Introduction Chapter 2: Determinants of Interest Rates Chapter 3: Interest Rates and Security Valuation Chapter 4: The Federal Reserve System, Monetary Policy, and Interest RatesPart II. Securities Markets Chapter 5: Money Markets Chapter 6: Bond Markets Chapter 7: Mortgage Markets Chapter 8: Stock Markets Chapter 9: Foreign Exchange Markets Chapter 10: Derivative Securities MarketsPart III. Commercial Banks Chapter 11: Commercial Banks Chapter 12: Commercial Banks’ Financial Statements and Analysis Chapter 13: Regulation of Commercial BanksPart IV. Other Financial Institutions Chapter 14: Other Lending Institutions: Savings Institutions, Credit Unions, and Finance Companies Chapter 15: Insurance Companies Chapter 16: Securities Firms and Investment Banks Chapter 17: Mutual Funds and Hedge Funds Chapter 18: Pension FundsPart V. Risk Management in Financial Institutions Chapter 19: Types of Risks Incurred by Financial Institutions Chapter 20: Managing Credit Risk on the Balance Sheet Chapter 21: Managing Liquidity Risk on the Balance Sheet Chapter 22: Managing Interest Rate and Insolvency Risk on the Balance Sheet Chapter 23: Managing Risk off the Balance Sheet with Derivative Securities Chapter 24: Managing Risk off the Balance Sheet with Loan Sales and Asset Securitization

Über Autor(innen)

Saunders, Anthony
Anthony Saunders received his Ph.D. from the London School of Economics. He is John M. Schiff Professor of Finance and the former chair of the Department of Finance at the Stern School of Business at New York University. Dr. Saunders has taught both undergraduate and graduate level courses at New York University since 1978. Throughout his academic career, his teaching and research have specialized in financial institutions and international banking. He has served as a visiting professor all over the world, including INSEAD, the Stockholm School of Economics, and the University of Melbourne. He is currently on the Executive Committee of the Salomon Center for the Study of Financial Institutions, New York University. His research has been published in all the major money and banking and finance journals and in several books. In addition, he has authored or co-authored several professional books, the most recent of which is Credit Risk Measurement: New Approaches to Value at Risk and Other Paradigms.

Cornett, Marcia
Marcia Millon Cornett received a B.S. in economics from Knox College and her M.B.A. and Ph.D. in finance from Indiana University, Bloomington. She is Robert A. and Julia E. Dorn Professor of Finance at Bentley University. Dr. Cornett is co-author with Anthony Saunders of Financial Institutions Management and Financial Markets and Institutions. She serves as an associate editor for the Journal of Banking and Finance, the Journal of Financial Services Research, Review of Financial Economics, Financial Review, and Multinational Finance Journal. Dr. Cornett has served on the board of directors, the executive committee, and the finance committee of the Southern Illinois University Credit Union. Dr. Cornett has taught at Southern Illinois University at Carbondale, the University of Colorado, Boston College, and Southern Methodist University. She is a member of the Financial Management Association, the American Finance Association, and the Western Finance Association.