Greenbaum, S: Contemporary Financial Intermediation

"The landscape of banking is undergoing fundamental changes, with the emergence of new financial technologies and regulations and the rise of non-banks. This updated version of the standard textbook on banking is mandatory reading for all regulators, bankers, and students who wonder what is special about banks and what financial intermediation will look like in the future." -Luc Laeven, Director-General, European Central Bank

"This up-to-date standard work on financial intermediation, peppered with many concrete examples, is well founded in economic theory but never loses sight of the rapidly evolving reality of global finance."-Ralph de Haas, European Bank for Reconstruction and Development

"The banking sector has undergone significant changes in the decade since the global financial crisis.? Technological change, increased non-bank competition, complex regulations, and shifts in globalization define the new landscape.? The revised version of Contemporary Financial Intermediation provides an integrated framework for understanding and analyzing these changes. It is a must read for finance students, regulators and policy makers."-Deniz Anginer, The World Bank