Financial Times Guide to Banking, The

by Glen Arnold

The Financial Times Guide to Banking is a comprehensive introduction to how banks and banking works. Best-selling author Glen Arnold provides you with a foundation for understanding the wide variety of activities undertaken by banks. He shows you why these global institutions are so important to consumers and finance professionals alike and explains how their activities impact on everyday life.
 
The Financial Times Guide to Banking will give you:
 
-    A thorough understanding of all types of banking from retail through to asset management and investment banking.
 
-    An overview of global banking including the worldwide evolution of the sector, the influence of cross-border money flows and the importance of modern banking to international development
 
-    Expert knowledge about instruments and markets including debt markets, futures markets and swaps and options
 
-    Insight into the crucial importance of central banking and government regulation
 
-   Answers to the big questions about monetary policy and interest rates, payment systems and banking success

Genres: Economics, Finance, Business, Banking, Nonfiction, Banks

441 pages, Kindle Edition

First published January 1, 2014

About the author

Glen Arnold is a businessman, investor and professor of investment at the University of Salford. He is the author of numerous finance and investing books.

Reviews

[Stefan Bruun · Rating 4 out of 5]

Very strong introduction to banking. Will probably work best for people who are completely new to the financial industry.

[Dayton Outar · Rating 4 out of 5]

I think the first few chapters that speaks about the history and the purpose of banks is excellent. As the book transitions to the final chapters (maybe I got tired), I found some explanations a little bit harder to grasp. Things like swaps, hedges and options and the arrangements between parties to swap cash payments from LIBOR (interest rates). Maybe I need to learn the topics of the final chapters elsewhere to get a better appreciation of what is being explained in Chapter 22. Apart from that, this is a great book to get the lay of the land for banks (and the financial market).