LEADER 04179nam 2200613 a 450 001 9910825421403321 005 20200520144314.0 010 $a1-281-00521-5 010 $a9786611005214 010 $a0-08-047681-3 035 $a(Au-PeEL)EBL294561 035 $a(CaPaEBR)ebr10186297 035 $a(CaONFJC)MIL100521 035 $a(OCoLC)476059406 035 $a(CaSebORM)9780122990533 035 $a(MiAaPQ)EBC294561 035 $a(PPN)170227766 035 $a(CKB)1000000000364330 035 $a(EXLCZ)991000000000364330 100 $a20070105d2007 uy 0 101 0 $aeng 135 $aurcn| ||||| 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aContemporary financial intermediation /$fStuart I. Greenbaum, Anjan V. Thakor 205 $a2nd ed. 210 $aAmsterdam ;$aBoston $cElsevier Academic Press$dc2007 215 $a1 online resource 225 1 $aAcademic Press advanced finance series 300 $aOriginally published: Fort Worth : Dryden Press, 1995. 311 $a0-12-299053-6 320 $aIncludes bibliographical references and index. 327 $aBasic concepts -- The nature and variety of financial intermediation -- The what, how, and why of financial intermediaries -- Major risks faced by banks -- Spot lending -- Further issues in bank lending -- Special topics in credit: syndicated loans, loan sales, and project finance -- Off-balance sheet banking and contingent claims products -- Securitization -- The deposit contract and insurance -- Objectives of bank regulation -- Milestones in banking legislation and regulatory reform -- Management of risks and opportunities in banking -- Mergers and acquisitions -- Investment banking -- The future. 330 $aStuart Greenbaum and Anjan Thakor bring a unique analytical approach to the subject of banks and banking in this completely revised and updated new edition. They expand the scope of the typical bank management course by addressing all types of deposit-type financial institutions and by explaining the why of intermediation rather than simply describing institutions, regulations, and market phenomena. This analytic approach strikes at the heart of financial intermediation by explaining why financial intermediaries exist and what they do. Specific regulations, economies, and policies will change, but the underlying philosophical foundations remain the same. This approach enables students to understand the foundational principles and to apply them to whatever context they encounter as professionals. "This book is the perfect liasion between the microeconomics realm of information economics and the real world of banking and financial intermediation. It supplies a healthy dose of microeconomic theory to fully understand the underlying features of the most common financial instruments used in modern banking practice, all explained thoroughly with down to earth narratives and doable math/game theoretic instruments. It makes a wonderful preview before going on with Freixas text, or at least as its companion." --Quote referring to first edition from Enrique Fernandez on amazon.com * Completely undated edition of a classic banking text * Online solutions manual, instructor resources, and ppt slides available to instructors on publisher's website * Authored by experts on financial intermediation theory, only textbook that takes this approach situating banks within microeconomic theory 410 0$aAcademic Press advanced finance series. 606 $aBanks and banking$zUnited States 606 $aFinancial services industry$zUnited States 606 $aIntermediation (Finance) 606 $aBank management 615 0$aBanks and banking 615 0$aFinancial services industry 615 0$aIntermediation (Finance) 615 0$aBank management. 676 $a332.10973 700 $aGreenbaum$b Stuart I$0275770 701 $aThakor$b Anjan V$0122543 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910825421403321 996 $aContemporary financial intermediation$93920188 997 $aUNINA