Financial Markets & Institutions (special Indian Edition)

The text offers a unique analysis of the risks faced by investors and savers interacting through financial institutions and financial markets, as well as strategies that can be adopted for controlling and managing risks. Key Features: Strong markets focus within a modern risk management framework. Detailed coverage of ethics in finance Looks at how new risks have evolved, how the more traditional risks have changed as a result, and how all of these risks can be measured and managed. Pedagogically rich to help students retain and apply chapter concept. Chapter Navigators. Well developed end of chapter problems, at least twenty per chapter, are written for varied levels of difficulty. About the Author: Anthony Saunders The John M. Schiff Professor of Finance and the Chair of the Department of Finance at the Stern School of Business at New York University. Professor Saunders received his PhD from the London School of Economics and has taught both undergraduate and graduate level courses at NYU since 1978. Throughout his academic career, his teaching and research have specialized in financial institutions and international banking. He has served as a visiting professor all over the world, including INSEAD, the Stockholm School of Economics, and the University of Melbourne. He is currently on the Executive Committee of the Salomon Center for the Study of Financial Institutions, NYU. His research has been published in all the major money and banking and finance journals and in several books. In addition, he has authored or co-authored several professional books, the most recent of which is Credit Risk Measurement: New Approaches to Value at Risk and Other Paradigms, John Wiley and Sons, New York, 1999 Marcia Cornett The Rehn Professor of Business at Southern Illinois University at Carbondale. She recei