Global Banking

The book's purpose is to provide a better understanding of the evolution of international banking and finance, the services represented in today's market, the competitive processes involved and the impact all of this has on the prominent public policy issues in today's global environment.

This is a revision of the business of global banking. With the increased globalization of the world economy few sectors are the equal of banking and financial services in dynamism or structural change. Roy C. Smith and Ingo Walter assess this transformation-its causes, its course and its consequences. They begon by examining international commercial banking, including the issue of cross-border risk evaluation and exposure management, and the creation of a viable regulatory framework in a global competitive context. hey then undertake a parallel assessment of international investment banking, linking the two by means of a bridge chapter. Finally, they focus on the factors that determine winners and losers in these markets and explore the problems of strategic position and execution.

1. The World of Global Banking; PART I: COMPETING IN GLOBAL DEBT AND EQUITY MARKETS; 2. International Money and Foreign Exchange Markets; 3. Global Bond Markets; 4. Swaps and Derivative Securities Markets; 5. International Bank Lending; 6. Asset-Related and Project Financing; 7. Global Equity Markets; PART II: COMPETING IN GLOBAL ADVISORY AND ASSET MANAGEMENT SERVICES; 8. Global Mergers, Acquisitions, and Advisory Services; 9. Privatization; 10. Institutional Asset Management and Insurance; 11. Private Banking; PART III: COMPETITIVE STRATEGIES; 12. Assessing and Managing Cross-Border Risks; 13. Global Banking Regulation; 14. Strategic Positioning and Competitive Performance; 15. Competitive Implementation, Organization, and Management; Index