Financial Markets and Institutions, 6e offers a unique analysis of the risks faced by investors and savers interacting through financial institutions and financial markets, as well as strategies that can be adopted for controlling and managing risks. Special emphasis is put on new areas of operations in financial markets and institutions such as asset securitization, off-balance-sheet activities, and globalization of financial services. Then, resources within Connect Plus help students solve financial problems and apply what they’ve learned. Saunders’ strong markets focus and superior pedagogy combine with a complete digital solution to help students achieve higher outcomes in the course.
目 錄
PART I: INTRODUCTION AND OVERVIEW OF FINANCIAL MARKETS
Ch 1 Introduction
Ch 2 Determinants of Interest Rates
Ch 3 Interest Rates and Security Valuation
Ch 4 The Federal Reserve System, Monetary Policy, and Interest Rates
PART II: SECURITIES MARKETS
Ch 5 Money Markets
Ch 6 Bond Markets
Ch 7 Mortgage Markets
Ch 8 Stock Markets
Ch 9 Foreign Exchange Markets
Ch10 Derivative Securities Markets
PART III. COMMERCIAL BANKS
Ch11 Commercial Banks: Industry Overview
Ch12 Commercial Banks’ Financial Statements and Analysis
Ch13 Regulation of Commercial Banks
PART IV: OTHER FINANCIAL INSTITUTIONS
Ch14 Other Lending Institutions: Savings Institutions, Credit Unions, and Finance Companies
Ch15 Insurance Companies
Ch16 Securities Firms and Investment Banks
Ch17 Investment Companies
Ch18 Pension Funds
PART V: RISK MANAGEMENT IN FINANCIAL INSTITUTIONS
Ch19 Types of Risks Incurred by Financial Institutions
Ch20 Managing Credit Risk on the Balance Sheet
Ch21 Managing Liquidity Risk on the Balance Sheet
Ch22 Managing Interest Rate and Insolvency Risk on the Balance Sheet
Ch23 Managing Risk off the Balance Sheet with Derivative Securities
Ch24 Managing Risk off the Balance Sheet with Loan Sales and Securitization
