Financial markets and institutions - Brossura

Saunders Professor, Anthony; Cornett, Marcia Millon

Brossura

ISBN 10: 981457743X ISBN 13: 9789814577434

Casa editrice: McGraw-Hill Education, 2015

Riassunto

Financial Markets and Institutions, 6e 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. Then, resources within Connect Plus help students solve financial problems and apply what they’ve learned. Saunders’ strong markets focus and superior pedagogy combine with a complete digital solution to help students achieve higher outcomes in the course

Su questo libro

L'autore:

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.

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.

Contenuti:

Part I. Introduction and Overview of Financial Markets

1. Introduction
2. Determinants of Interest Rates
3. Interest Rates and Security Valuation
4. The Federal Reserve System, Monetary Policy, and Interest Rates

Part II. Securities Markets

5. Money Markets
6. Bond Markets
7. Mortgage Markets
8. Stock Markets
9. Foreign Exchange Markets
10. Derivative Securities Markets

Part III. Commercial Banks

11. Commercial Banks: Industry Overview
12. Commercial Banks’ Financial Statements and Analysis
13. Regulation of Commercial Banks

Part IV. Other Financial Institutions

14. Other Lending Institutions: Savings Institutions, Credit Unions, and Finance Companies
15. Insurance Companies
16. Securities Firms and Investment Banks
17. Mutual Funds and Hedge Funds
18. Pension Funds

Part V. Risk Management in Financial Institutions

19. Types of Risks Incurred by Financial Institutions
20. Managing Credit Risk on the Balance Sheet
21. Managing Liquidity Risk on the Balance Sheet
22. Managing Interest Rate and Insolvency Risk on the Balance Sheet
23. Managing Risk off the Balance Sheet with Derivative Securities
24. Managing Risk off the Balance Sheet with Loan Sales and Securitization

Su questa edizione

• Editore: McGraw-Hill Education
• Data di pubblicazione: 2015
• ISBN 10: 981457743X
• ISBN 13: 9789814577434
• Rilegatura: Copertina flessibile
• Numero edizione: 6
• Numero di pagine: 768