Throughout the world the nature and regulation of financial systems
have changed dramatically following the global financial crisis.
This book introduces the necessary theory and a range of relevant
statistics to supplement the narrative. Coverage includes a
critique of the UK financial institutions and markets, as well as
regulation emanating both from within the UK and also from
supranational bodies such as the Bank for International Settlements
and the European Union. The discussion is based on both the
underlying theory as well as the operating practices of the
institutions and markets. The book is subdivided into three main
sections, each supplemented by a comprehensive glossary: financial
institutions; financial markets; and the regulation of banks and
other financial institutions. It will be essential reading for
undergraduate students enrolled on courses in financial economics
and banking. -- .
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