The UK Financial System: 4th Edition

by Mike Buckle (Author), Mike Buckle (Author), John Thompson (Author)

• New

  Illustrated
  2004

  $22.32

  Substantially revised and updated, this fourth edition of The UK financial system presents a comprehensive explanation of the workings of the institutions and markets which make up the UK financial system, and discusses the issues affecting them. It presents key theoretical developments such as asymmetric information, the efficient markets hypothesis, behavioural economics and the term structure of interest rates, thus providing an analytical framework to aid understanding of the institutional structure. Several case studies are provided throughout the book looking at the failure of various financial firms and the lessons that can be learned from these. Examples include Equitable Life, Barings Bank, the Bank of International Credit and Commerce (BCCI) and Long Term Capital Management.

• Used

  Paperback
  1992

  $4.79

  This text aims to provide a detailed explanation of the workings of the UK financial system. It details both the institutional structure and the economic theory behind the financial system, and discusses the extensive changes brought about by the single European market of 1992. The book is suitable for secnd and third year students of accountancy, business studies, economics and finance. The first six chapters deal with the British financial institutions; the next seven deal with the different financial markets located in the UK; and the remaining ones cover a number of issues such as the management of risk, the development of a single European market in financial services and the regulation of the UK financial system.