I truly welcome this thoroughly revised edition of the Introduction to Bankingtextbook. Its authors are world-class scholars who on a daily basis research a wide array of highly relevant banking topics and maintain many close contacts with the commercial and central banking community. I can see no better guides to lead undergraduates into the fascinating and at times bewildering banking landscape. Steven Ongena, Professor of Banking, University of Zurich, Swiss Finance Institute and CEPR I heartily endorse Introduction to Banking2nd Edition, which thoroughly covers the topic of banking in the post-crisis world.

Unlike other textbooks which are very US-centric, this is a global banking book which covers issues and institutions on a worldwide basis. Montague Osteen, Jr., Professor in Banking and Finance, Moore School of Business, and Carolina Distinguished Professor, University of South Carolina; Senior Fellow at Wharton Financial Institutions Center and Fellow of the European Banking Center, Tilburg University This thoroughly revised edition of the book contains inestimable new chapters on banking crises, new financial instruments and a wide range of advanced issues. The topics are examined with a distinguishing combination of analytical and practical approaches. This makes the book an invaluable instrument for teaching banking to undergraduates both at universities and business schools. I highly recommend it. Elena Carletti, Professor of Finance, Bocconi University, IGIER and CEPR Introduction to Banking2nd Edition offers a comprehensive insight into the business of banking, providing up-to-date information about the impact of the financial crisis upon the banking sector globally and the far-reaching regulatory reforms.

Written by expert authors, this book covers both theoretical and applied issues relating to the global banking industry, highlighted by examples from across Europe and the wider international arena. Organised into five main sections, this edition includes a brand new section - advanced topics in banking. The new edition Familiarises students with the recent trends affecting the banking business. Covers contemporary central banking and bank regulation issues comparing the UK, eurozone and the US, providing students with the most up-to-date information on banking practice. Provides a strong focus on bank management issues and prepares students to understand the different financial features of commercial and investment banking business.

Outlines recent changes in developed and developing countries' banking and financial systems, familiarising students with different types of banking systems and how global trends impact on different types of banking markets. Covers advanced topics in banking, from the growth of the 'shadow banking system' to bank mergers and acquisition activities, and issues and challenges surrounding the industrial structure of modern banking markets. Suitable for all undergraduate students taking a course in banking as well as professionals entering the banking industry. It also provides solid background reading for postgraduate students who, in this updated edition, can benefit from three new chapters exploring more advanced topics in banking. Barbara Casu is the Director of the Centre for Banking Research at Cass Business School, City University London, where she is Associate Professor of Banking.