Global Banking by Roy C Smith
Few sectors of the global economy have experienced the dynamic and structural change that has occurred over the past several decades in banking and financial services or as much turbulence and damage to the economy and to ordinary people. Regulatory and technological changes have been among the main catalysts of change in the financial industry worldwide, making entrenched competitive structures obsolete and mandating the development of new products, new processes, new strategies, and new public policies toward the industry.This third edition of Global Banking reassess the continuing transformational process of global banking and finance - its causes, its course, and its consequences. It begins with an overview of the most recent developments and goes on to examine the major dimensions of international commercial and investment banking, including money and foreign exchange markets, debt capital markets, international bank lending, derivatives, asset-based and project financing, and equity capital markets. Later, the various advisory businesses - mergers and acquisitions, privatizations, institutional asset management, and private banking - are analyzed. In each case, the factors that distinguish the winners from the losers are identified. This is brought together in the final section of the book, which deals with problems of strategic positioning and execution, as well as critical risk issues and regulations.
This is a very useful update on the authors' overview of the strategic challenges facing the banking industryIt is both a useful book of reference and an easy read for expert and non-expert alike. * Charles Aldington, former Chairman, Deutsche Bank, London *
Roy C. Smith is Kenneth Langone Professor of Finance at Stern School of Business, NYU and a former partner of Goldman, Sachs & Co.
Ingo Walter is Seymour Milstein Professor of Finance and Economics and Vice Dean of Faculty at Stern School of Business, NYU.
Gayle DeLong is of Associate Professor of Economics and Finance at Baruch College, where she is a Zicklin Fellow.
| SKU | Unavailable |
| ISBN 13 | 9780195335934 |
| ISBN 10 | 0195335937 |
| Title | Global Banking |
| Author | Roy C Smith |
| Condition | Unavailable |
| Binding Type | Hardback |
| Publisher | Oxford University Press Inc |
| Year published | 2012-02-16 |
| Number of pages | 458 |
| Cover note | Book picture is for illustrative purposes only, actual binding, cover or edition may vary. |
| Note | Unavailable |