Gain a clear understanding of why financial markets exist, how financial institutions serve these markets, and what services those institutions offer with the proven conceptual framework and clear presentation in this best-selling FINANCIAL MARKETS AND INSTITUTIONS, 10E. The text weaves timely examples and practical applications throughout as it emphasizes the securities traded by and the scope of participation of financial institutions within each market. Readers focus on the management, performance, and regulatory aspects of financial institutions and explore the functions of the Federal Reserve System, the major debt and equity security markets, and the derivative security market. This edition emphasizes current financial reform with updates throughout that provide a thorough understanding of today’s most recent financial changes, developments and trends. Continue reading
Financial Markets and Institutions, 5e 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. Continue reading
A practical and current look into today’s financial markets and institutions.
In Financial Markets and Institutions, bestselling authors Mishkin and Eakins provide a practical introduction to help you prepare for today’s changing landscape of financial markets and institutions. A unifying framework uses a few core principles to organize learning then examines the models as real-world scenarios from a practitioner’s perspective.
This seventh edition focuses on the cause and effect of today’s global financial crisis.
Mishkin delivers a serviceable, but not great book. In his rush to leave his post at the Fed, you would think he would create a more engaging book, or at least include more flesh on the financial crisis. His analysis is fairly shallow and his structure seems more geared towards a freshman/high school level class than a full fledge book for college students. Several errors in the book, including on page 428 where he definitely uses incorrect numbers from the FDIC. Continue reading