Contemporary Financial Intermediation, 2E

* Completely undated edition of a classic banking text
* Online instructors manual and ppt slides available to instructors on publisher's website
* Authors are recognized experts in banking

Business/Finance Contemporary Financial Intermediation, 2nd Edition

Stuart I. Greenbaum and Anjan V. Thakor

In Contemporary Financial Intermediation, Second Edition, Stuart Greenbaum and Anjan Thakor bring a unique analytical approach to the subject of banks and banking in this completely revised and updated second edition. The authors expand the scope of the typical bank management course by addressing all types of deposit-type financial institutions and by explaining the “why” of intermediation rather than simply describing institutions, regulations, and market phenomena. This analytic approach strikes at the heart of financial intermediation by explaining why financial intermediaries exist and what they do. Specific regulations, economies, and policies will change, but the underlying philosophical foundations remain the same. This approach enables students to understand the foundational principles and to apply them to whatever context they encounter as professionals.

Greenbaum and Thakor once again bring their internationally recognized banking expertise to this second edition, making it a must read for finance and banking students in courses such as Financial Markets and Institutions, Banking, and Money and Banking. An on-line Instructor’s Manual, Test Bank, and PowerPoint slides for lectures are available at the publisher’s website.

Stuart I. Greenbaum is Bank of America Professor of Managerial Leadership and former Dean, John M. Olin School of Business, Washington University, St. Louis, MO.
Anjan V. Thakor is John E. Simon Professor of Finance and Senior Associate Dean of Programs, Olin School of Business, Washington University, St. Louis, MO.

Stuart Greenbaum has served as dean of the John M. Olin School of Business at Washington University in St. Louis from 1995 - 2005 and was named the Bank of America Professor of Managerial Leadership in July 2000. Before joining the Olin School, Greenbaum spent twenty years at the Kellogg Graduate School of Management at Northwestern University where he was the Director of the Banking Research Center and the Norman Strunk Distinguished Professor of Financial Institutions. From 1988-92, he served as Kellogg's Associate Dean for Academic Affairs. Before Northwestern, Greenbaum served as Chairman of the Economics Department at the University of Kentucky, and on the staffs of the Comptroller of the Currency and the Federal Reserve. Greenbaum has served on fifteen corporate boards. He also served on the Dean’s Advisory Council of the Graduate Management Admission Council, on the board of AACSB International - The Association to Advance Collegiate Schools of Business, Executive Committee of the World Agricultural Forum, and on the board of the St. Louis Children's Hospital. He was thrice appointed to the Federal Savings and Loan Advisory Council, and was twice officially commended for extraordinary public service. Greenbaum has consulted for the Ewing Marion Kauffman Foundation, the Council of Higher Education of Israel, the American Bankers Association, the Bank Administration Institute, the Comptroller of the Currency, the Federal Reserve System, and the Federal Home Loan Bank System, among others. He has on numerous occasions testified before Congressional committees, as well as other legislative bodies. Greenbaum has published two books and more than 75 articles in academic journals and other professional media. He is founding editor of the Journal of Financial Intermediation and has served on the editorial boards of ten other academic journals.

Anjan Thakor is John E. Simon Professor of Finance and Senior Associate Dean of Programs, Olin School of Business, Washington University, St. Louis, MO, USA. Prior to joining the Olin School, Thakor was The Edward J. Frey Professor of Banking and Finance at the Ross School of Business, University of Michigan, where he also served as chairman of the Finance area. He has served on the faculties of Indiana University, Northwestern University, and UCLA. He has worked with many companies, including Whirlpool Corporation, Allision Engine Co., Citigroup, RR Donnelley, Dana Corporation, Anheuser-Busch, Zenith Corporation, Lincoln National Corporation, J.P. Morgan, Landscape Structures, Inc., CIGNA, Borg-Warner Automative, Waxman Industries, Reuters, The Limited, Ryder Integrated Logistics, AT&T, CH2M Hill, Takata Corporation, Tyson Foods, Spartech, and the U.S. Department of Justice. Among may other honors, Dr Thakor is the winner of the Reid MBA Teaching Excellence Award, Olin School of Business, 2005, and received the Outstanding Teacher in Doctoral Program award for the University of Michigan Business School, April 2003.