Commercial Bank Financial Management In The Financial Services Industry

Established as the market-leader, this thoroughly revised book describes both the theory and practice of commercial banking from a financial-management perspective. Focusing on the dynamic and rapidly changing financial-services industry, it explores modern financial management decision-making and highlights the importance of adapting to change and creating value as the way for firms to succeed. Offers complete coverage in 18 chapters. Updated coverage of technology in banking stresses to readers the roles of e-money and e-banking in facilitating e-commerce. New and improved Trick framework enables readers to understand the process of financial innovation and the driving forces of change in the financial-services industry. New end-of-chapter questions, problems, cases, and projects tests readers' comprehension and challenges research, writing, and analytical skills. Theme of banks as "factories" that engage in information processing and deal-making highlights for students the latest technological and regulatory developments including the advent of the Internet and Internet banking as well as the most recent changes in bank regulation. An acronym glossary is included to simplify and explain acronyms such as ALM, LIBOR, CAMEL with author and subject indices for convenient reference.