An Introduction to Global Financial Markets describes the financial sector in clear, easy to understand terms, providing a broad and balanced introduction to financial markets across the world. In the constantly fluctuating state of modern world finance, the book provides comprehensive, up-to-date coverage of commercial and investment banking, foreign exchange, money and bond markets, stock markets and derivatives products. It is the ideal text for those who require a basic understanding of, or who are new to, the world of finance. The new edition includes: - Updated coverage of the financial crisis and its context - The European sovereign debt crisis and the impact on the Euro - Monetary policy and quantitative easing - A new chapter on regulation and the markets - Coverage of social, ethical, environmental and trust issues - Aids for students of finance and a newly updated companion website: www.palgrave.com/business/valdez7
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Stephen Valdez is a retired financial trainer and consultant and is the former Director of Profile Financial Training Plc. He formed Valdez Financial Training in 1985 to provide simple introductory courses on financial markets. The courses were used around the world by major banks, financial institutions, software houses and information providers. The company was later sold to The Financial Training Co. Ltd. with Stephen Valdez acting as consultant. Professor Philip Molyneux is Head of Bangor Business School, Professor in Banking and Finance and Director of the Institute of European Finance at Bangor University, UK. He previously held the Special Chair of Financial Services and Financial Conglomerates at Erasmus University, Rotterdam, Netherlands, and was Visiting Professor at Bocconi University, Milan, Italy. He has published a variety of texts on banking areas and acted as a consultant to New York Federal Reserve Bank, the World Bank, the European Commission, the UK Treasury, Citibank Private Bank, Bermuda Commercial Bank, McKinsey& co, Credit Suisse and various other international banks and consulting firms.
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