Publisher's Synopsis
This text offers professors and students a broad real-world picture of financial institutions management. Thygerson discusses the financial concepts and tools that have been used successfully by actual financial institutions and regulators in progressively managed firms. The text features discussions of important financial concepts such as arbitrage, financial innovation and financial hybrids and derivatives, with a strong emphasis on international capital flows, foreign exchange risk, country risk and international banking.;The text also features a financial claim/function matrix to help students understand the common functions of all financial intermediaries. Thygerson takes the extra step to present a Depository Institution branch profitabillity model. To aid student understanding of the concept, Thygerson includes "learning goals" at the beginning of each chapter that are tied directly to the summary and review at the end of each chapter; "self-test problems"; "checkpoints" questions at the end of each major section and several boxed features including "How it Really Works"; "International focus"; "Reading the Financial Page" and "Legal and Ethical issues" that should help students understand and apply concepts to the real world.
