Financial Institutions Management: A Risk Management Approach, 5/e
Anthony Saunders,
New York University Marcia Millon Cornett,
Southern Illinois University -- Carbondale
ISBN: 0072957468 Copyright year: 2006
What's New
Ethical Controversies: In-chapter discussions of the many ethical controversies involving financial institutions (such as those involving commercial banks, investment banks, and mutual funds) have been added to most chapters.
Ethical Dilemmas Boxes: Ethical Dilemmas boxes have been added to many chapters which highlight specific news stories relating to the ethical controversies involving financial institutions in the early 2000s.
New Capital Adequacy Rules: The latest information pertaining to new capital adequacy rules (or Basel II), which are scheduled for implementation at the end of 2006, has been added to Chapter 20. The latest changes to deposit insurance premiums charged to financial institutions, insurance coverage for financial institutions customers, and the Federal Reserve's discount window lending programs are discussed in Chapter 19.
The Patriot Act and the Sarbannes-Oxley Act: Discussions of the impact of the Patriot Act and the Sarbannes-Oxley Act on financial institutions management is included throughout several chapters.
The impact of the economic slowdown, the subsequent economic recovery in the U.S. and worldwide, and the impact of historically low interest rates on financial institutions is highlighted and discussed.
Bank Mergers: The impact of the newest wave of bank mergers (domestic and international) is highlighted in Chapters 22 through 24.
A discussion of the controversy surrounding the federal government's implicit backing of Fannie Mae and Freddie Mac and the impact the increased level of risk in these two agencies posed to the U.S. economy in the early 2000s is added to Chapter 28.
Updated Tables and Figures: Tables and figures in all chapters have been revised to include the most recently available data.
Enhanced and Updated International Discussions: Sections of the text that include a discussion of international issues and events are highlighted. These sections have been updated to contain the most recent issues pertaining to financial institutions worldwide.
Appendices Moved to Text Website: Appendices for Chapters 8, 11, 18, and 25 are available on the book's website at www.mhhe.com/saunders5e. The presence of an online appendix is specifically noted in the end-of-chapter material.
Enhanced Internet Problems: Internet problems included in the end-of-chapter problems have been substantially enhanced. These problems now guide the student through the web site as they collect the requested data. Further, these problems now ask the student to evaluate the data collected at the web site.
Internet Exercises Added: Internet exercises have been added to the body of various chapters. These exercises guide the student to access the most recent data on the Web as it is discussed in the body of the Chapter.
S&P Market Insight Problems Added: S&P Market Insight problems have been added to the end-of-chapter problems. These problems require the use of the Educational Version of Market Insight, a Standard and Poor's Compustat® data base. Over 600 companies and key financial data are available as a problem solving resource, of which over 100 are financial institutions.
Chapter Notation Online: Chapter Notation used in each chapter has been summarized and added to the book's web site (located at www.mhhe.com/saunders5e). These have been summarized and are listed by chapter at the web site.
To obtain an instructor login for this Online Learning Center, ask your local sales representative.
If you're an instructor thinking about adopting this textbook, request a free copy for review.
2006 McGraw-Hill Higher Education