This study concentrates on key management issues in banking, including risk management, regulation, strategic plans and competition. Throughout the text, case studies and examples are used to illustrate and elucidate topics.
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SHELAGH HEFFERNAN is Professor of Banking and Finance at the City University Business School, UK. She has been a visiting Professor at Queen's University and York University, Canada, and is a past beneficiary of a Leverhume Trust Research Award, which funding pioneering research on competition in banking. Her current research interests lie in the fields of bank regulation, competition in banking markets, and the causes of bank failure.
The banking world is changing rapidly. The strategic priority has shifted away from growth and size alone towards a greater emphasis on profitability, performance and ?value creation? within the banking firm. Bank professionals now require a thorough grounding in the micro foundations of banking if they are to make important managerial decisions, or implement banking policies. Containing up–to–date case studies, this book is concerned with the theory and practice of banking now, and the prospects for the future. Unlike many other books in this area, this text is devoted to the micro issues of banking, including competition, structure, performance, risks and regulation. "?rigorous, topical and it provides a good insight into some of the major empirical and policy research fields of modern banking ? an important and stimulating contribution to the micro banking literature. It should be required reading for banking students, researchers, banking professionals, and all who are interested in modern banks and banking." Edward Gardener, Institute of European Finance, University of Wales, Bangor, UK "? it takes an international approach to the subject of banking and combines that perspective with the more conventional aspects of the subject treated in a modern textbook. ? the writing is clear and concise ? I think you have a winner in this book." Ingo Walter, New York University Salomon Center, USA
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