J. Kimball Dietrich, University of Southern California
Focused on the functions common to different types of financial institutions, this book provides an analytical framework for dealing with financial decisions by successfully tying the economic environment to financial decisionmaking.
Presents a comprehensive treatment of the financial services industry, including a discussion of developments in the deregulated, global financial services economy.
Emphasizes value production and financial management of financial services, relating analysis and strategic options for banks, insurance companies, and securities firms to market performance.
Offers integrated treatment of all financial services and institutions around "value-chain" activities.
Also provides a clear overview to the material, a logical structure to the book, and relevance to current development in the field.
I. THE FINANCIAL SERVICES INDUSTRY.
1. Financial Services: An Industry in Transition.
2. Financial Services and Value Production.
3. Financial Services and the Economy.
4. Assessing Financial Institutions' Stock Performance.
5. Analysis of Performance Using Accounting Data. II. VALUE PRODUCTION IN FINANCIAL SERVICES.
6. Financial Services: Economic Overview.
7. Overview of Financial Service Markets and Instruments: Credit.
8. Value Production in Credit Services.
9. Securities Trading, Dealing, and Origination.
10. Transaction Processing Services.
11. Insurance Services.
12. Asset Management and Information and Advisory Services. III. THE ECONOMIC ENVIRONMENT OF FINANCIAL INSTITUTIONS.
13. The Economic Environment.
14. Regulation of Deposit-Taking Financial Institutions.
15. Regulation of Securities Markets.
16. Regulation of Insurance Activities and Markets.
17. The Tax Environment and Financial Services. IV. PORTFOLIO AND RISK MANAGEMENT.
18. Portfolio Management and Financial Services.
19. Portfolio Risks: Measurement and Management.
20. Forward and Futures Contracts and Portfolio Risks.
21. Options, Portfolio Risk, and Pricing Financial Services. V. FINANCIAL INSTITUTION PLANNING AND STRATEGIC ISSUES.
22. Projecting Financial Institution Performance.
23. Financial Institution Operating Costs.
24. Optimizing Financial Institution Performance.
Index.
