The last 35 years have been dramatic for the financial services industry. In the 1990s and 2000s, boundaries between the traditional industry sectors, such as commercial banking and investment banking, broke down, and competition became increasingly global in nature. Many forces contributed to this breakdown in interindustry and intercountry barriers, including financial innovation, technology,…
Saunders and Cornett's Financial Institutions Management: A Risk Management Approach provides an innovative approach that focuses on managing return and risk in modern financial institutions. The central theme is that the risks faced by financial institutions managers and the methods and markets through which these risks are managed are becoming increasingly similar whether an institution is ch…
Includes index and tables
Saunders and Cornett?s Financial Institutions Management: A Risk Management Approach 7/e provides an innovative approach that focuses on managing return and risk in modern financial institutions. The central theme is that the risks faced by financial institutions managers and the methods and markets through which these risks are managed are becoming increasingly similar whether an institution i…
In response to evolving economic and competitive landscapes, this book underscores the increasing importance of focusing on both profit and risk. It provides a distinctive analysis of the risks encountered by investors and savers engaging with financial institutions and markets while offering strategies for effective risk management. Notably, the book explores emerging areas in finance, includi…
Includes bibliography, appendix & table
Each chapter in this edition has been revised thoroughly to reflect the most up-to-date information available. End-of-chapter questions and problem material have also been expanded and updated to provide a complete selection of testing material. The following are some of the new features of this revision: • A discussion of the rise of fintech firms has been added to Chapters 1, 2, and 7. …
Financial Markets and Institutions is aimed at the first course in financial markets and institutions at both the undergraduate and MBA levels. While topics covered in this book are found in more advanced textbooks on financial markets and institutions, the explanations and illustrations are aimed at those with little or no practical or academic experience beyond the introductory-level finance …
Saunders and Cornett's Financial Institutions Management: A Risk Management Approach provides an innovative approach that focuses on managing return and risk in modern financial institutions. The central theme is that the risks faced by financial institutions managers and the methods and markets through which these risks are managed are becoming increasingly similar whether an institution is ch…
Includes bibliographies, index and tables
Includes bibliographies, index and tables
Includes bibliographies, index and tables
The last 35 years have been dramatic for the financial services industry. In the 1990s and 2000s, boundaries between the traditional industry sectors, such as commercial banking and investment banking, broke down and competition became increasingly global in nature. Many forces contributed to this breakdown in interindustry and intercountry barriers, including financial innovation, technology, …
Financial Markets and Institutions is aimed at the first course in financial markets and institutions at both the undergraduate and MBA levels. While topics covered in this book are found in more advanced textbooks on financial markets and institutions, the explanations and illustrations are aimed at those with little or no practical or academic experience beyond the introductory-level finance …
Each chapter in this edition has been revised thoroughly to reflect the most up-to-date information available. End-of-chapter questions and problem material have also been expanded and updated to provide a complete selection of testing material. The following are some of the new features of this revision: • A discussion of the rise of fintech firms has been added to Chapters 1, 2, and 7. …
Printed Journal
Secondary market trading in loans elicits a significant positive stock price response by a borrowing firm?s equity investors. We find the major reason for this response is the alleviation of borrowing firms? financial constraints. We also find that new loan announcements are associated with a positive stock price effect even when prior loans made to the same borrower already trade on the second…
Over the last 75 years, the financial services industry has come full cycle. Originally, the banking industry operated as a full-service industry, performing directly or indirectly all financial services (commercial banking, investment banking, stock investing services, insurance providers, etc.). In the early 1930s, the economic and industrial collapse resulted in the separation of some of the…