An Introduction to Global Financial Markets describes the financial sector in clear, easy to understand terms, providing a broad and balanced introduction to financial markets across the world. In the constantly fluctuating state of modern world finance, the book provides comprehensive, up-to-date coverage of commercial and investment banking, foreign exchange, money and bond markets, stock markets and derivatives products. It is the ideal text for those who require a basic understanding of, or who are new to, the world of finance. The new edition includes: - Updated coverage of the financial crisis and its context - The European sovereign debt crisis and the impact on the Euro - Monetary policy and quantitative easing - A new chapter on regulation and the markets - Coverage of social, ethical, environmental and trust issues - Aids for students of finance and a newly updated companion website: www.palgrave.com/business/valdez7
PART I: INTRODUCTION The Debt Merry-go-round PART II: BANKING Banking Background The Role of the Central Bank Commercial Banking Investment Banking PART III: SECURITIES MARKETS The Money and Bond Markets Stock Exchanges Hedge Funds and Private Equity Financial Crisis PART IV: FOREIGN EXCHANGE AND EUROPEAN ECONOMIC AND MONETARY UNION Foreign Exchange European Economic and Monetary Union PART V: DERIVATIVE PRODUCTS Traded Options Financial Futures Other Derivative Products PART VI: THE NEW TIGER ECONOMIES The New Tiger Economies: China and India PART VII: TRENDS IN THE GLOBAL FINANCIAL MARKETS Key Trends