Stuart Greenbaum and Anjan Thakor bring a unique analytical approach to thesubject of banks and banking in this completely revised and updated newedition. They ... » 

Stuart Greenbaum and Anjan Thakor bring a unique analytical approach to thesubject of banks and banking in this completely revised and updated newedition. They expand the scope of the typical bank management course byaddressing all types of deposittype financial institutions and by explainingthe why of intermediation rather than simply describing institutionsregulations and market phenomenon. This analytic approach strikes at the heartof financial intermediation by explaining why financial intermediaries existand what they do. Specific regulations economies and policies will changebut the underlying philosophical foundations remain the same. This approachenables students to understand the foundational principles and to apply them towhatever context they encounter as professionals. «