{"product_id":"financial-institutions-markets-and-money-emea-edition-paperback-softback-9781119589983","title":"Financial Institutions; Markets and Money, EMEA Edition (Paperback \/ softback) 9781119589983","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eFinancial Institutions\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eMarkets and Money, EMEA Edition\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eDavid S. Kidwell (Author), David W. Blackwell (Author), David A. Whidbee (Author), Richard W. Sias (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9781119589983, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003ePaperback \/ softback, published 17 May 2019\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e678 pages\u003cbr\u003e1 x 1 x 1 cm, 0.454 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eKidwell's \u003ci\u003e\u003cb\u003eFinancial Institutions, 12th Edition\u003c\/b\u003e\u003c\/i\u003e presents a balanced introduction to the operation, mechanics, and structure of the U.S. financial system, emphasizing its institutions, markets, and financial instruments. The text discusses complex topics in a clear and concise fashion with an emphasis on \"Real World\" data, and people and event boxes, as well as personal finance examples to help retain topical interest.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003e\u003cb\u003ePart I The Financial System 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 1 An Overview of Financial Markets and Institutions 3\u003cbr\u003e\u003c\/b\u003e1.1 The Financial System 4\u003cbr\u003e1.2 Financial Markets and Direct Financing 7\u003cbr\u003e1.3 Types of Financial Markets 12\u003cbr\u003e1.4 The Money Markets 14\u003cbr\u003e1.5 The Capital Markets 15\u003cbr\u003e1.6 Financial Intermediaries and Indirect Financing 17\u003cbr\u003e1.7 Types of Financial Intermediaries 23\u003cbr\u003e1.8 The Risks Financial Institutions Manage 28\u003cbr\u003e1.9 Regulation of the Financial System 29\u003cbr\u003e1.10 Ethics and the Financial System 33\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 2 The Federal Reserve and Its Powers 38\u003cbr\u003e\u003c\/b\u003e2.1 Origins of the Federal Reserve System 39\u003cbr\u003e2.2 The Current Structure of the Fed 44\u003cbr\u003e2.3 Monetary Powers of the Board of Governors 47\u003cbr\u003e2.4 The Fed’s Regulatory Powers 47\u003cbr\u003e2.5 Independence of the Fed 51\u003cbr\u003e2.6 The Fed’s Balance Sheet 53\u003cbr\u003e2.7 The Fed’s Role in Check Clearing and the Growth of Electronic Payments 59\u003cbr\u003e2.8 Federal Reserve Tools of Monetary Policy 61\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 3 The Fed and Interest Rates 71\u003cbr\u003e\u003c\/b\u003e3.1 Federal Reserve Control of the Money Supply 72\u003cbr\u003e3.2 The Fed’s Influence on Interest Rates 75\u003cbr\u003e3.3 The Treasury Department and Fiscal Policy 79\u003cbr\u003e3.4 Goals of Monetary Policy 82\u003cbr\u003e3.5 The Fed and the Economy 88\u003cbr\u003e3.6 Complications of Monetary Policy 91\u003cbr\u003e3.7 Anatomy of a Financial Crisis 93\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart II How Interest Rates are Determined 105\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 4 The Level of Interest Rates 107\u003cbr\u003e\u003c\/b\u003e4.1 What are Interest Rates? 108\u003cbr\u003e4.2 The Real Rate of Interest 109\u003cbr\u003e4.3 Loanable Funds Theory of Interest 111\u003cbr\u003e4.4 Price Expectations and Interest Rates 114\u003cbr\u003e4.5 A Restatement of the Fisher Equation 116\u003cbr\u003e4.6 Forecasting Interest Rates 122\u003cbr\u003e4.7 Interest Rates and Currency Values 124\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 5 Bond Prices and Interest Rate Risk 127\u003cbr\u003e\u003c\/b\u003e5.1 The Time Value of Money 128\u003cbr\u003e5.2 Bond Pricing 131\u003cbr\u003e5.3 Bond Yields 136\u003cbr\u003e5.4 Important Bond Pricing Relationships 140\u003cbr\u003e5.5 Interest Rate Risk and Duration 144\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 6 The Structure of Interest Rates 159\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e6.1 The Term Structure of Interest Rates 160\u003cbr\u003e6.2 Default Risk 172\u003cbr\u003e6.3 Tax Treatment 176\u003cbr\u003e6.4 Marketability 180\u003cbr\u003e6.5 Options on Debt Securities 180\u003cbr\u003e6.6 Behavior of Interest Rates over the Business Cycle 183\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart III Financial Markets 189\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 7 Money Markets 191\u003cbr\u003e\u003c\/b\u003e7.1 How the Money Markets Work 192\u003cbr\u003e7.2 Economic Role of the Money Markets 193\u003cbr\u003e7.3 Features of Money Market Instruments 194\u003cbr\u003e7.4 Treasury Bills 194\u003cbr\u003e7.5 Federal Agency Securities 201\u003cbr\u003e7.6 Federal Funds 203\u003cbr\u003e7.7 Other Major Money Market Instruments 205\u003cbr\u003e7.8 Money Market Participants 211\u003cbr\u003e7.9 The Impact of the 2007–2008 Financial Crisis on the Money Markets 213\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 8 Bond Markets 220\u003cbr\u003e\u003c\/b\u003e8.1 Functions of the Capital Markets 221\u003cbr\u003e8.2 The U.S. Government and Agency Securities 223\u003cbr\u003e8.3 State and Local Government Bonds 227\u003cbr\u003e8.4 Corporate Bonds 232\u003cbr\u003e8.5 Financial Guarantees 237\u003cbr\u003e8.6 Securitized Credit Instruments 238\u003cbr\u003e8.7 Capital Market Regulators 240\u003cbr\u003e8.8 Bond Markets Around the World are Increasingly Linked 241\u003cbr\u003e8.9 The Impact of the 2007–2008 Financial Crisis on the Bond Markets 242\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 9 Mortgage Markets and Mortgage]Backed Securities 247\u003cbr\u003e\u003c\/b\u003e9.1 The Unique Nature of Mortgage Markets 249\u003cbr\u003e9.2 Types of Mortgages 249\u003cbr\u003e9.3 Mortgage Qualifying 257\u003cbr\u003e9.4 Mortgage]Backed Securities 261\u003cbr\u003e9.5 Mortgage Prepayment Risk and Other MBS 265\u003cbr\u003e9.6 Participants in the Mortgage Markets 271\u003cbr\u003e9.7 Relationship Between Mortgage Markets and the Capital Markets 275\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 10 Equity Markets 279\u003cbr\u003e\u003c\/b\u003e10.1 What are Equity Securities? 280\u003cbr\u003e10.2 Equity Markets 282\u003cbr\u003e10.3 Equity Trading 287\u003cbr\u003e10.4 Global Stock Markets 291\u003cbr\u003e10.5 Large-Scale and High Frequency Trading 292\u003cbr\u003e10.6 Regulation of Equity Markets 294\u003cbr\u003e10.7 Stock Market Indexes 295\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 11 Derivatives Markets 300\u003cbr\u003e\u003c\/b\u003e11.1 The Nature of Derivative Securities 301\u003cbr\u003e11.2 Forward Markets 302\u003cbr\u003e11.3 Futures Markets 304\u003cbr\u003e11.4 Uses of the Financial Futures Markets 311\u003cbr\u003e11.5 Risks in the Futures Markets 318\u003cbr\u003e11.6 Options Markets 319\u003cbr\u003e11.7 Swap Markets 326\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 12 International Markets 332\u003cbr\u003e\u003c\/b\u003e12.1 The Difficulties of International Trade 333\u003cbr\u003e12.2 Exchange Rates 334\u003cbr\u003e12.3 Balance of Payments 337\u003cbr\u003e12.4 Foreign Exchange Markets 341\u003cbr\u003e12.5 Spot and Forward Transactions 343\u003cbr\u003e12.6 Capital Flows and Exchange Rates 346\u003cbr\u003e12.7 Government Intervention in Foreign Exchange Markets 351\u003cbr\u003e12.8 Financing International Trade 354\u003cbr\u003e12.9 International Money and Capital Markets 355\u003cbr\u003e12.10 The Globalization of Financial Markets 358\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart IV Commercial Banking 363\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 13 Commercial Bank Operations 365\u003cbr\u003e\u003c\/b\u003e13.1 An Overview of the Banking Industry 366\u003cbr\u003e13.2 Balance Sheet for a Commercial Bank 369\u003cbr\u003e13.3 The Source of Bank Funds 370\u003cbr\u003e13.4 Bank Uses of Funds: Bank Investments and Cash Assets 376\u003cbr\u003e13.5 Bank Uses of Funds: Loans and Leases 378\u003cbr\u003e13.6 Loan Pricing 381\u003cbr\u003e13.7 Analysis of Loan Credit Risk 384\u003cbr\u003e13.8 Fee]Based Services 386\u003cbr\u003e13.9 Off]Balance]Sheet Banking 387\u003cbr\u003e13.10 Bank Earnings 392\u003cbr\u003e13.11 Bank Performance 396\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 14 International Banking 400\u003cbr\u003e\u003c\/b\u003e14.1 Development of International Banking 401\u003cbr\u003e14.2 Regulation of Overseas Banking Activities 404\u003cbr\u003e14.3 Delivery of Overseas Banking Services 406\u003cbr\u003e14.4 International Lending 409\u003cbr\u003e14.5 Foreign Banks in the United States 416\u003cbr\u003e14.6 Future Directions of International Banking 420\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 15 Regulation of Financial Institutions 422\u003cbr\u003e\u003c\/b\u003e15.1 Reasons for Regulation 423\u003cbr\u003e15.2 Bank Failures and Regulation 426\u003cbr\u003e15.3 Safety and Soundness Regulation: Deposit Insurance 432\u003cbr\u003e15.4 Deposit Insurance Issues 435\u003cbr\u003e15.5 Safety and Soundness Regulation: Capital Requirements 439\u003cbr\u003e15.6 Bank Examinations 447\u003cbr\u003e15.7 Structure and Competition Regulations 450\u003cbr\u003e15.8 Consumer Protection Regulations 452\u003cbr\u003e15.9 Bank Regulators 456\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePart V Financial Institutions 463\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 16 Thrift Institutions and Finance Companies 465\u003cbr\u003e\u003c\/b\u003e16.1 Historical Development of Savings Institutions 467\u003cbr\u003e16.2 Operations of Savings Institutions 470\u003cbr\u003e16.3 Credit Unions 478\u003cbr\u003e16.4 Thrift Institutions Around the Globe 484\u003cbr\u003e16.5 Finance Companies 486\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 17 Insurance Companies and Pension Funds 496\u003cbr\u003e\u003c\/b\u003e17.1 Insurance 497\u003cbr\u003e17.2 The Insurance Industry 501\u003cbr\u003e17.3 Life and Health Insurance Products 508\u003cbr\u003e17.4 Property and Liability Insurance Products 515\u003cbr\u003e17.5 Pensions 519\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 18 Investment Banking 527\u003cbr\u003e\u003c\/b\u003e18.1 The Relationship Between Commercial and Investment Banking 528\u003cbr\u003e18.2 Primary Services of an Investment Bank 533\u003cbr\u003e18.3 Private Equity 543\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 19 Investment Companies 551\u003cbr\u003e\u003c\/b\u003e19.1 Investment Companies 552\u003cbr\u003e19.2 Open]End Mutual Funds 553\u003cbr\u003e19.3 Closed]End Mutual Funds 566\u003cbr\u003e19.4 Exchange]Traded Funds 567\u003cbr\u003e19.5 Hedge Funds 572\u003cbr\u003e19.6 Real Estate Investment Trusts 576\u003c\/p\u003e \u003cp\u003e\u003cb\u003eChapter 20 Risk Management in Financial Institutions 580\u003cbr\u003e\u003c\/b\u003e20.1 The Dilemma: Profitability Versus Safety 581\u003cbr\u003e20.2 Liquidity Management 583\u003cbr\u003e20.3 Managing Credit Risk 587\u003cbr\u003e20.4 Measuring and Assessing Interest Rate Risk 593\u003cbr\u003e20.5 Hedging Interest Rate Risk 602\u003c\/p\u003e \u003cp\u003eSummary of Learning Objectives 611\u003cbr\u003eKey Terms 612\u003cbr\u003eQuestions and Problems 612\u003cbr\u003eGlossary 613\u003cbr\u003eIndex 637\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52428627018008,"sku":"9781119589983","price":44.36,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9781119589983.jpg?v=1784682259","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/financial-institutions-markets-and-money-emea-edition-paperback-softback-9781119589983","provider":"Freshly Printed Books","version":"1.0","type":"link"}