Chapters in this book

1. Front matter i
2. Dedication v
3. Contents vii
4. List of figures xii
5. List of tables xiv
6. List of boxes xvii
7. Preface to the fifth edition xix
8. 1 Introduction to the financial system 1
9. I Institutions 19
10. 2 Financial intermediation and recent developments in the UK financial system 21
11. 3 Banking 48
12. 4 Funds and other investment vehicles 100
13. 5 Central banking 134
14. II Markets 157
15. 6 Financial markets 159
16. 7 The market for equities 180
17. 8 Interest rates and the bond market 206
18. 9 The sterling money markets 234
19. 10 The foreign exchange markets 250
20. 11 Eurosecurities markets 266
21. 12 Financial derivatives 279
22. 13 Managing risk via the financial markets 317
23. III Regulation 343
24. 14 The global financial crisis of 2007–8 and its implications 345
25. 15 Regulation of the banking system 363
26. 16 Regulation of financial institutions other than banks 403
27. IV Conclusions 417
28. 17 Conclusions 419
29. References 425
30. Glossary of technical terms and abbreviations 439
31. Index 452