Financial markets and institutions /

Saunders, Anthony

Financial markets and institutions / Anthony Saunders and Marcia Millon Cornett - seventh edition - Boston, Massachusetts : McGraw Hill Education, c2019 - ix, 762 pages ; 28 cm.

Includes bibliographical references.

Part I. Introduction and Overview of Financial Markets -- Introduction -- 2. Determinants of Interest Rates -- 3. Interest Rates and Security Valuation -- 4. The Federal Reserve System, Monetary Policy, and Interest Rates -- Part II. Securities Markets -- 5. Money Markets -- 6. Bond Markets -- 7. Mortgage Markets -- 8. Foreign Exchange Markets -- 9. Stock Markets -- 10. Derivative Securities Markets -- Part III. Commercial Banks -- 11. Commercial Banks -- 12. Commercial Banks' Financial Statements and Analysis -- 13. Regulation of Commercial Banks -- Part IV. Other Financial Institutions -- 14. Other Lending Institutions: Savings Institutions, Credit Unions, and Finance Companies -- 15. Insurance Companies -- 16. Securities Firms and Investment Banks -- 17. Mutual Funds -- 18. Pension Funds -- Part V. Risk Management in Financial Institutions -- 19. Types of Risks Incurred by Financial Institutions -- 20. Managing Credit Risk on the Balance Sheet -- 21. Managing Liquidity Risk -- 22. Managing Interest Rate and Insolvency Risk -- 23. Managing Risk with Derivative Securities -- 24. Managing Risk with Loan Sales and Asset Securitization..

Financial Markets and Institutions, 3/e" offers a unique analysis of the risks faced by investors and savers interacting through financial institutions and financial markets, as well as strategies that can be adopted for controlling and managing risks. The third edition further strengthens the book's risk management approach with expanded discussions of ethics, new technology integration, and much more.

9789813156945


SECURITIES -- UNITED STATES

HG 4910 .S28 2019