Global Financial Institutions And Markets

This is the first textbook to thoroughly integrate international coverage when tackling this subject area. Using a developmental perspective, Hazel Johnson compares and contrasts the structure and trends of US and international financial markets and institutions. Explanations of the regulatory environment - as well as of market practices and trends - provide advanced undergraduates, MBAs, and finance professionals with insights into international differences in corporate culture. Academics will delight in the extensive pedagogy supporting text.

Topics cover every aspect of financial institutions and markets:
- Domestic money and capital markets
- International financial markets
- Interest rates and Bank regulation
- Management of financial institutions
- Nonbank financial institutions
- Changing roles of financial institutions
- Internationalisation of financial services
- Developments in derivatives markets
- Bank valuation methodology
- Universal banking
- Technological change