Preface Acknowledgements List of abbreviations and acronyms  Part 1 Introduction to banking 1. What is special about banks? 2. Bank activities and services 3. Types of banking 4. International banking 5. Islamic banking Part 2 Central banking and bank regulation 6. Central Banking 7. Bank regulation and supervision 8. Bank failures and banking crises Part 3 Issues in bank management 9. Banks' balance sheet and income structure 10. Bank financial management 11. Banking risks 12. Bank risk management Part 4 Comparative banking markets 13. Banking in the UK 14. Banking in Europe 15. Banking in the US 16. Banking in Japan 17. Banking in emerging markets Part 5 Advanced topics in banking 18. Banks and markets 19. Mergers and acquisitions 20. Bank competition and financial stability Appendix A1 Interest rates, bonds and yields Appendix A2 Introduction to portfolio theory Glossary References and further reading Index

Gain a thorough insight into the business of banking  Introduction to Banking, 3rd edition, by Casu, Girardone and Molyneux offers an in-depth overview of the theoretical and applied issues in the global banking industry, highlighted by examples from across Europe and the wider international arena. Organised into five sections, it covers contemporary topics in banking, ranging from central banking and bank regulation, to bank management and corporate governance, providing the most up-to-date information on banking practice.  Suitable for all undergraduate students taking a course in banking as well as professionals entering this industry, this comprehensive textbook also provides background reading for postgraduate students on more advanced topics in banking.  “I truly welcome this thoroughly revised edition of the Introduction to Banking textbook. 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  The title offers an insight into:  Recent trends transforming the industry, such as the digitalisation of banking services and the emergence of non-bank providers, the FinTech boom, and the impact of the Covid-19 pandemic on banking services  The growing importance of sustainable banking and green finance opportunities  Structural and regulatory changes in the global banking industry, and the growth of Islamic banking  Key features and trends of various banking systems, including the UK, Europe, US, Japan and emerging banking markets  About the authors:  Barbara Casu is the Director of the Centre for Banking Research at Bayes Business School, City, University of London where she is Professor of Banking and Finance. She has over 50 publications in peer-reviewed journals, including Review of Economics and Statistics, Journal of Money, Credit and Banking and Journal of Corporate Finance.  Claudia Girardone is Professor of Banking and Finance, Director of Essex Finance Centre (EFiC) and the Essex Business School's Director of Research. She has published over 50 articles in international journals, including Journal of Corporate Finance, European Journal of Operational Research and Journal of Financial Services Research.  Philip Molyneux is Emeritus Professor at Bangor University. He has published widely in the banking area including articles in the Journal of Money Credit and Banking, Journal of Banking and Finance, Review of Finance and Journal of Financial Stability.    Pearson, the world's learning company. 

Real-life understanding of concepts and key developments  Comprehensive insight into banking sector: The text covers theoretical and applied issues relating to the global banking industry, highlighted by examples from across Europe and the wider international arena.  Focus on bank management: With a strong focus on bank management issues, the title prepares students to understand the different financial features of commercial and investment banking business.  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, the text focuses on the key issues in banking industry.  Focus on applied learning  Theory into practice: The title includes Financial Times articles with news from the banking/financial industry. This allows students to connect theory with the real world.  Evaluation of practical problems: End-of-chapter questions require students to solve practical problems and to reflect on some of the practical implications of important issues in banking.  International focus: The text covers institutional features and structural trends of various banking systems, including the UK, Europe, US, Japan and other emerging banking markets.  User-friendly structure  Consistent framework: The text is organised into five main sections offering 20 chapters, each chapter opening with an Introduction which summarises the aim of the chapter.  Instructor's resources: An instructor's manual and PowerPoint slides are available to lecturers to complement this textbook and support your teaching.  References and recommended reading at the end of each chapter offer the opportunity to refer to more specialised sources of information on the topics or issues covered in that chapter

NEW topics covered: The text familiarises students with the recent trends transforming the banking business, such as the FinTech boom, the digitalisation of banking services and the emergence of non-bank providers.  UPDATED! Real-world developments: The new edition discusses emerging issues such as the advent of new payment systems, new institutions and cryptocurrency markets, changes in bank business models and the future of banks.  NEW chapter on Islamic banking explains the industry structure and main players of Islamic banking and how it is different from conventional banking.  UPDATED! Covid-19 pandemic and other global issues that can alter the financial sector stability, including the growing importance of sustainable banking and green finance opportunities, have been included in the new edition.  REVISED! Developments in bank regulation: The text provides the most up-to-date information on central banking and bank regulation issues comparing the UK, the eurozone and the US.