The Eighth Edition of Banking and Financial Services is publishing at a time where the world that we live in is changing rapidly. The entire financial sector is threatened by significant risks at home and abroad, inside and outside the individual financial firm. Banking and Financial Services is designed to help students master established management principles and to confront the perplexing issues of risk, regulation, technology, and competition that bankers and other financial-service managers see as their greatest challenges for the present and future. This new edition offers the student many of the key trends and changes in the financial-services sector. With this relevant information students are able to grasp the rapid changes that are happening in this course area and in the real world. Banking and Financial Services also remains the most readable and engaging text on the market, with a plethora of real-world examples and a robust support package for instructors.
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Peter S. Rose is Professor Emeritus in Finance from Texas A&M University where he taught and conducted research for approximately 30 years and held the Blocker Chair of Business Administration until his recent retirement. Before his career at A&M he served as a financial economist with the Federal Reserve System.
Sylvia C. Hudgins is a Professor of Finance at Old Dominion University in Norfolk, Virginia, where she teaches classes in banking, financial institutions, and corporate finance. She serves as the director of the Ph.D. Program in the College of Business and Public Administration.
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