ISBN: 0321050649 9780321050649

Category: Business & Economics / Banks & Banking

Page count: 697

Financial Markets and Institutions's unifying analytic framework and proven practitioner approach enables students to both understand and apply core concepts. The authors incorporate the financial practitioner's approach through its emphasis on an applied managerial perspective that includes special applications called the Practicing Financial Institutions Manager. For the third edition, substantial new material reflects the latest research and data, including extensive treatment of the Asian financial crises, recent developments in financial consolidation, the newly created European Central Bank, and the US debate over social security. *NEW! Numerical Examples guide students through solutions to financial problems. *NEW! A reorganized chapter sequence mirrors the typical outline of financial markets and institutions courses. *NEW! A new companion Web site offers multiple-choice quizzes for every chapter, as well as a multitude of readings on current topics. *An international perspective is integrated throughout the text. *Proven pedagogical features, such as the Practicing Institutional Manager, Inside the Fed, Applications, and chapter-ending Cases, complement the text's applied