Retail Banking
updated for the Credit Crunch
- ISBN
- 9781906403546
- Edition
- 2nd
- Format
- Pb
- Pages
- 190
In stock - usually dispatched in 3-5 working days
£20.00 + postage
Book Contents
1 The UK Banking Environment 1
2 What is Banking? 18
3 A Brief History of UK Banking 31
4 How Do Banks Work? 39
5 Banks and the Economy 51
6 Banking Regulation 60
7 The Banker-Customer Relationship 73
8 Customers and Accounts 87
9 The Operation of Bank Accounts 102
10 Payment Systems 112
11 Payment Systems and the Law 129
12 Elementary Lending 154
13 Banking Securities 167
Appendix: The Dog Hotel - Lending Proposition 179
Index 184
2 What is Banking? 18
3 A Brief History of UK Banking 31
4 How Do Banks Work? 39
5 Banks and the Economy 51
6 Banking Regulation 60
7 The Banker-Customer Relationship 73
8 Customers and Accounts 87
9 The Operation of Bank Accounts 102
10 Payment Systems 112
11 Payment Systems and the Law 129
12 Elementary Lending 154
13 Banking Securities 167
Appendix: The Dog Hotel - Lending Proposition 179
Index 184
Book Description
An introduction to the business of retail banking
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 recession deepens, bankers are at the forefront for 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 ever. This second edition adds commentaries 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? A brief chronology
which features the key UK events in the 'credit crunch' is also included.
Retail Banking also charts the changes to the UK banking environment in the wake of the credit-crunch. The fundamental aspects of banking and intermediation
and the need for balance between liquidity and profi tability that went so wrong in so many institutions are reiterated. The fi rst section of the book ends by showing clear
links between banking failure and recession and a new regulatory environment that must learn lessons from the disastrous events of 2007 - 2009.
The book then continues with updated chapters on the day-to-day practicalities of retail banking. Technology continues to advance and banks, so often at the
forefront of innovation, need to keep pace, whilst saving costs. This has implications for the relationships between banks and their customers and for the payment systems offered. The brief commentary on lending and securities in the final two chapters includes a reminder about prudence.
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 recession deepens, bankers are at the forefront for 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 ever. This second edition adds commentaries 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? A brief chronology
which features the key UK events in the 'credit crunch' is also included.
Retail Banking also charts the changes to the UK banking environment in the wake of the credit-crunch. The fundamental aspects of banking and intermediation
and the need for balance between liquidity and profi tability that went so wrong in so many institutions are reiterated. The fi rst section of the book ends by showing clear
links between banking failure and recession and a new regulatory environment that must learn lessons from the disastrous events of 2007 - 2009.
The book then continues with updated chapters on the day-to-day practicalities of retail banking. Technology continues to advance and banks, so often at the
forefront of innovation, need to keep pace, whilst saving costs. This has implications for the relationships between banks and their customers and for the payment systems offered. The brief commentary on lending and securities in the final two chapters includes a reminder about prudence.
