Description
This textbook is about financial institutions and markets. It emphasizes a functional focus on financial intermediaries and markets, such as government securities, mortgage, corporate debt, equity markets, derivatives, and market microstructure. Chapters cover liquidity and risk, regulation, and developing financial systems.
Financial Institutions and Markets, 2/e emphasizes a functional focus on financial intermediaries and markets such as government securities, mortgage, corporate debt, equity markets, derivatives, and market microstructure. Chapters cover liquidity and risk, regulation, and developing financial systems.