Contemporary Financial Intermediation

In Contemporary Financial Intermediation, Third Edition, Greenbaum and Thakor offer a distinctive approach to financial markets and institutions, presenting an integrated portrait that puts information at the core. Instead of simply naming and describing markets, regulations, and institutions as competing books do, the authors explore the endless subtlety and plasticity of financial institutions and credit markets. This third edition is revised, with six new chapters and increased, enhanced pedagogical supplements also included. The book is ideal for anyone working in the financial sector, presenting professionals with a comprehensive understanding of the reasons why markets, institutions, and regulators act as they do. Readers will find an unmatched, thorough discussion of the world's financial markets and how they function. * Provides a distinctive and thought-provoking approach to the world's financial markets* Explores the endless subtleties and plasticity of financial institutions and credit markets* Newly revised, with six new chapters and increased pedagogical supplements* Presents anyone working in the financial markets and sector with a comprehensive understanding of the inner workings of world markets