International Banking Challenges is written for members of the banking world who have been exposed to the basic principles of banking and finance, and wish now to move beyond and develop an understanding of the unique challenges associated with international banking operations. Providing a comprehensive and insightful exploration of the international banking landscape, these pages form an invaluable resource for students, professionals and policymakers alike.
The essence of banking is the intermediation of funds from savers to investors. Banks have to learn to manage the challenges associated with each intermediated transaction, whether domestic or foreign. These challenges increase exponentially when banks expand their operations outside of their domestic markets, and the nature of these challenges is very often delicate, complex and nuanced. Each chapter of this book involves a different element of international banking, explored in depth and with a balanced mix of theoretical foundations and practical applications. Topics such as globalization, exchange rates, fintech, Islamic banking and project financing are explored, with particular attention paid to the critical role that ethics play in financial markets. This book is a must-read for anyone interested in international banking, whether new to the field or seeking to deepen their knowledge.