Contemporary Financial Intermediation - Hardcover

"Since its first edition, Greenbaum, Thakor and Boot has become the standard textbook on financial intermediation, a sector 'contemporary as never before.' This revised edition nicely reflects the renewed and necessary attention given to the sector."  --Steven Ongena, University of Zurich

"Contemporary Financial Intermediation provides a unified framework for understanding the role of present day financial intermediaries, their contribution to society, the risks they face, financial crises, and the role of financial regulation.  A valuable book for students interested in learning about financial markets and institutions, and how the global landscape has changed." --Ravi Jagannathan, Northwestern University

In Contemporary Financial Intermediation, Third Edition, Greenbaum, Thakor and Boot offer a distinctive approach to financial markets and institutions, presenting an integrated portrait that puts information at the core.

Instead of simply naming and describing markets, regulations, and institutions as competing books do, the authors explore the endless subtlety and plasticity of financial institutions and credit markets.

This edition has six new chapters and increased, enhanced pedagogical supplements. The book is ideal for anyone working in the financial sector, presenting professionals with a comprehensive understanding of the reasons why markets, institutions, and regulators act as they do. Readers will find an unmatched, thorough discussion of the world's financial markets and how they function.

• Provides a distinctive and thought-provoking approach to the world's financial markets
• Explores the endless subtleties and plasticity of financial institutions and credit markets
• Newly revised, with six new chapters and increased pedagogical supplements
• Presents anyone working in the financial markets and sector with a comprehensive understanding of the inner workings of world markets