Bank Management & Financial Services

Expanded discussion of the Gramm-Leach Bliley Act (GLB or Financial Services Modernization) and its impact on banking and financial services appears throughout the text. GLB has opened up new issues such as how to efficiently and effectively regulate combinations of large bank and nonbank businesses.New emphasis on investment banking and security underwriting services, one of the hottest topics in modern banking. Ethics in Banking boxes explore the increasingly important field of ethics in banking and financial services and their moral implications. Real Banks; Real Decisions boxes emphasize real world management actions and discuss actual problems banking and financial-service managers have been forced to deal with and how their decisions have worked out in practice. New Real Numbers for Real Banks project assignments offers the student an opportunity to use data collected from websites, especially the FDIC?s, in Excel applications to explore how real banks have addressed the issues presented in each chapter. The assignments in the first five chapters provide the foundation for an ongoing project that gradually unfolds as new chapters are encountered.New Standard and Poor?s Educational Version of Market Insight problems found at the end of chapter provide short assignments encouraging students to gather up-to-date information about some of the largest financial firms in the world and the industries in which they operate. This information is used to draw conclusions and illustrate concepts. New E-banking and E-commerce boxes discuss what banks and their closest competitors have accomplished in the electronic field and the benefits and costs of this rapidly unfolding movement. Their production costs and risks are discussed, along with new information on web-based banks. New appendix on the use of the financial calculator is found at the back of the text, illustrating how to calculate the time value of money (TVM), present and future values of cash flows (PV and FV), and the annual percentage rate (APR) on a loan. These basic calculator routines will assist the reader in solving numerous problems that appear throughout the text.New Co-Author Sylvia C. Hudgins has enhanced the financial services orientation of Bank Management and Financial Services. She has also created many new practical problems to solve and discuss in class. New Title Bank Management and Financial Services, formerly Commercial Bank Management for five editions, captures the changes in this industry where it is now impossible to focus solely on commercial banking.Banking and Financial Services on the Net boxes and key URLs are cited in the margins of every chapter. These important web citations are supplemented by interesting facts about the banking and financial services industry, labeled Factoids, and an intriguing set of questions and answers about banking and finance in popular movies, called Filmtoids, also in the margins of the chapters in this new edition. More Concept Checks are included after each major section, raising questions and problems to solve in order to determine whether the reader understands the material that was presented.Internet Exercises have been significantly expanded and encourages the student to visit the World Wide Web as often as possible and respond to problems and issues affecting banks and their financial-service competitors. Each chapter begins with part openers, which introduce each of the six major sections of the text and explain the principal goals of each section. McGraw-Hill?s Knowledge Gateway - The Complete Resource for Teaching Online Courses. McGraw-Hill/Irwin, in partnership with Eduprise, is proud to bring this unique service to instructors. This comprehensive Website contains a wealth of information for any professor interested in teaching online. Level one is available to any instructor browsing our Website. Level two is reserved for McGraw-Hill customers and contains access to free technical and instructional design assistance. For more details, visit http://mhhe.eduprise.com/home.nsf