Description
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.
About the Author
Mike Buckle is Senior Lecturer in Finance at the University of Wales, Swansea
John Thompson is Emeritus Professor of Finance at Liverpool John Moores University
Book Information
ISBN 9780719067723
Author Mike Buckle
Format Paperback
Page Count 392
Imprint Manchester University Press
Publisher Manchester University Press
Weight(grams) 549g
Dimensions(mm) 234mm * 156mm * 20mm
