Banking and Finance

Banking and Finance

by Brian Duignan

Hardcover

$38.75

Product Details

ISBN-13: 9781615308941
Publisher: Britannica Educational Publishing
Publication date: 12/15/2012
Series: Economics: Taking the Mystery Out of Money Series
Pages: 192
Product dimensions: 9.00(w) x 6.10(h) x 0.50(d)
Age Range: 13 - 17 Years

Table of Contents

Introduction x

Chapter 1 Principles of Banking 1

Types of Banks 2

Finance Company 4

Bank Money 6

Bank Loans 9

Chapter 2 Historical Development 11

Early European Banking 12

Specialization 13

The Development of Banknotes 15

Law of Large Numbers 16

Chapter 3 Commercial Banking 20

Assets 20

Asset Management 23

Treasury Bill 26

Liability and Risk Management 28

The Role of Bank Capital 31

Chapter 4 Regulation of Commercial Banks 33

Entry, Branching, and Financial- Services Restrictions 33

Interest Rate Controls 35

Mandatory Cash Reserves 37

Capital Standards 38

Nationalization 38

Deposit Insurance 40

Rationale for Deposit Insurance 40

Panic 41

How Deposit Insurance Works 42

Origins of Deposit Insurance 42

Chapter 5 Central Banking 45

Origins of Central Banking 46

Modern Developments 49

Influence of Central Banks 51

Monetary Control 52

Open-Market Operations 52

Money Supply 53

Minimum Reserve Requirements 53

The Discount Rate 54

Inflation Targets 55

Influence on Market Rates of Interest 55

"Last Resort" Lending 56

Major Central Banks 56

Federal Reserve System 56

Bank of England 60

Banque de France 61

Chapter 6 World Bank 63

Origins 63

Robert McNamara 66

Organization 69

Debt and Policy Reform 71

Chapter 7 Business Finance: The Short Term 74

Financial Planning and Control 75

Financial Ratio Analysis 75

Profit Planning 76

Financial Forecasting 77

Budgeting 78

The Cash Budget 79

Accounts Receivable 79

Credit Bureau 80

Inventories 81

Short-Term Financing 83

Trade Credit 83

Commercial Bank Loans 84

Commercial Paper 84

Secured Loans 85

Intermediate-Term Financing 85

Term Loans 86

Conditional Sales Contracts 86

Lease Financing 87

Chapter 8 Business Finance: The Long Term 89

Long-Term Debt 90

Stock 90

Earnings and Dividend Policies 91

Stock Option 94

Convertible Bonds and Stock Warrants 95

Mergers and Reoganization 96

Conclusion 100

Glossary 102

Bibliography 104

Index 106

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