Financial Institutions, Markets, and Money

By David W. Blackwell, Richard L. Peterson, David S. Kidwell, et al.

Book Overview

Financial Institutions, Markets, and Money provides a balanced introduction to the operation, mechanics, and structure of the U.S. financial system emphasizing its institutions, markets, and financial instruments. The authors stress the mastery of fundamental material, placing an emphasis on how things really work in a market context. The book has balanced coverage of the U.S. financial system with a strong emphasis on both institutions and markets. Special attention is given to the Federal Reserve System and its conduct of monetary policy. The authors also stress the risks that the financial institutions face (i.e. interest rate risk, credit risk, liquidity risk, foreign exchange risk) and how they can manage those risks in financial markets. Furthermore, the authors recognize the impact that technology and globalization have on the operations and structure of the financial system. The book is also written with a strong historical perspective with attention given to the historical development of financial institutions and markets with discussion of important historical events.

• Format: Hardcover
• Language: English
• ISBN: 0470171618
• ISBN13: 9780470171615
• Release Date: January 2008
• Publisher: Wiley
• Length: 704 Pages
• Weight: 3.02 lbs.
• Dimensions: 10.2" x 1.2" x 8.4"

Customer Reviews

Great service

Book came exactly how described. Though the post office lost my book twice upon delivery, the shipper worked with me in order to obtain the book, and provided great service. I was a bit frustrated at first, but now I am more than satisfied. I will definitely make more purchases from him.

Great, well-organized

This study guide is quite useful for a student studying finance first time.

A good starting point for business and finance students

This book is updated to the latest development in financial market, institutions and structure.It concisely presented the money and capital markets with a touch of history and functionality.I particularly like the balanced view of the authors in their presentations. It successfully illustrates the functional as well as risk consideration of the markets and institutions.This book should serve well for student studying in domestic financial market and also as a bridging link to international financial system.