As well as an increasing diversity of companies selling financial products the industry is also coming to terms with and starting to benefit from technology as a means of marketing itself and establishing a relationship with its customers. This up-to-date description of financial institutions, systems and markets alongside an introduction to payments systems, lending and the law makes this a unique introductory text. "The Business of Banking" is an ideal book for any student of business and finance. It is based on a text which has been used for several years by student on an introductory course run as part of a Business and Finance degree at Loughborough University.

The Business of Banking: An Introduction to the Modern Financial Services Industry

Business & Money

Pond, Keith

Economics

Chartered Institute of Bankers

A user-friendly guide to the nature of retail banking in the modern financial services industry. The book comprehensively explains how banking works, covering subjects such as payment methods, funds transfers, collecting and paying banks and the principles of the banker-customer relationship. It also gives an overview of the legal status of money in its various forms and features a new chapter on insolvency and how its legal implications have affected lending behavior. The book is based on a text used successfully for several years as part of the Business and Finance degree offered by the University of Loughborough and is a completely revised and rewritten version of the highly successful text, The Business of Banking, which went through many editions.

Retail Banking

Global Professional Publishing

Since the first edition of this book the world of banking has been turned on its head. A credit-crunch with many causes and just as many implications has grabbed headlines across the world. Bankers are now pariahs—a swift and ignominious fall from grace. As the recession deepens, bankers are at the forefront of taking the blame. Yet world economies still need banks and the fundamentals of banking as set out in the first edition of Retail Banking are as relevant today as they have always been. This updated edition adds a commentary on the credit crunch to the first six chapters. What went wrong? What implications will this have for banking in the future? How will bankers regain the trust of customers, governments and regulators? The subsequent chapters on the day-to-day practicalities of retail banking have also been updated and a commentary on lending includes a commentary on sub prime lending and careless mortgage offers.

Since the second edition of Retail Banking, the world of banking has continued to go through radical change. The reputation of banks has fallen dramatically and now in many case bankers are seen as pariahs. Yet with many economies in the western world sluggish, the need for good banking is required more than ever and strangely many of the previous basics of banking are just as relevant today. This text is a user-friendly guide and introduction to the nature of retail banking in the modern financial services industry. The book comprehensively explains how banking works, covering subjects such as payment methods, fund transfers, collecting and paying banks and the principles of the banker-customer relationship. It covers the fundamental aspects of banking and the intermediation plus the need for balance between liquidity and profitability. It introduces the topic of lending, where some key credit risk tools are reviewed and applied, and basic securities, a vital “secondary repayment method” if credit default occurs. The book puts the topical area of retail banking into context for students, readers and bank staff alike.

This fourth edition of Retail Banking is a comprehensive, up-to-date introduction to the principles of banking. In the context of a challenging global economy and the continuing recovery from the global financial crisis, good banking and the capacity of retail banks to anticipate and react to economic, environmental, political, social and technological pressures are more relevant than ever.
Aimed at bank staff and students, this text is packed with international examples and case studies, the text covers all aspects of banking in the modern financial services industry and clearly explains the regulatory, social, technological and practical environment in which retail banks operate. Topics covered include: <ul>
<li>banking risks and regulation</li> <li>payment methods, fund transfers, collecting and paying banks</li> <li>principles of the banker-customer relationship</li> <li>the balance between liquidity and profitability</li> <li>principles of lending and key credit risk tools.</li> </ul>
The text is complemented by online support material and a tutor resource containing dozens of practice tasks for students.

Gosbrook

Product Description This fourth edition of Retail Banking is a comprehensive, up-to-date introduction to the principles of banking. Aimed at bank staff and students the text is packed with international examples and case studies and covers all aspects of banking in the modern financial services industry. It clearly explains the regulatory, social, technological and practical environment in which retail banks operate. Topics covered include:banking risks and regulationpayment methods, fund transfers, collecting and paying banksprinciples of the banker-customer relationshipthe balance between liquidity and profitabilityprinciples of lending and key credit risk tools.The text is complemented by online support material and a tutor resource containing dozens of practice tasks for students. Review Retail Banking is one of those areas which we all ‘know’…except we don’t! Truly the lynchpin of all financial services, retail banking is commonly misunderstood: customers still mis-buy, bankers still mis-sell or misunderstand the needs of both parties, and all stakeholders attempt to navigate their way through an ever-changing environment, often not really grasping the interdependencies of the retail banking business. This text returns to the basics and plots a clear pathway so as to enable full understanding of the retail banking environment and the main banker–customer interactions. For the prospective or novice banker, as well as the more experienced, this is a worthwhile and enjoyable read – it will be on my students’ Essential Reading list.Wendy Chowne, Senior Lecturer, The London Institute of Banking & Finance About the Author Keith Pond PHD FCIB SFHEA is Associate Dean (Teaching) at Loughborough University School of Business and Economics. An innovative teacher, and passionate about sharing his experience and knowledge, Keith has built on his foundations in banking with Midland Bank and lectures in banking at Loughborough and Birmingham Universities, and at the London Institute of Banking and Finance.

See the best price to sell, buy, or rent books by Pond, Keith. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

Books by Pond, Keith

See the best price to sell, buy, or rent books by Pond, Keith. BookScouter helps to compare book prices from 25+ online bookstores and 30+ buyback vendors with a single search.

The Business of Banking: An Introduction to the Modern Financial Services Industry

Retail Banking

Retail Banking

Retail Banking

Retail Banking

Retail Banking