Global Financial Institutions and Markets is the first financial institutions and markets text to thoroughly integrate international coverage throughout. Using a developmental perspective, the book compares and contrasts the structure and trends of both US and international financial markets and institutions. Explanations of the regulatory environment – as well as of market practices and trends – provides advanced undergraduates, MBAs, and finance professionals with insights into international differences in corporate culture. Academics will delight in the extensive pedagogy supporting the text. Topics cover every aspect of financial institutions and markets: Domestic money and capital market. Changing roles of financial institutions. International financial markets. Internationalization of financial services. Interest rates. Developments in derivatives markets. Bank valuation methodology. ...