Financial Markets and Financial Institutions: 2nd Edition

Author: (USA) Anthony Saunders
Publisher:
Publish Date: 2006-01-01
Features: Co-authored by the internationally renowned finance professors Anthony Saunders and Marcia Condit, this book "Financial Markets and Institutions" has held the position of a leading textbook in the field of finance since its publication. The book is written in a clear and accessible manner, with a rich information capacity, up-to-date content, and integrated with a variety of teaching methods. It provides a comprehensive introduction and detailed analysis of the five major branches of the financial industry: banking, investment, securities and insurance, and funds. The authors adopt a modern risk management and risk measurement framework to offer unique insights into the risks faced by investors and depositors—how new risks have evolved, how traditional risks have changed, and how all these risks are measured and managed. The book also pays special attention to the growing integration trend of domestic and international financial markets, as well as the shift of financial intermediaries toward unified financial service industries.