Finance: The Basics

Finance: The Basics is a clear and practical introduction to the world of finance, allowing the reader to grasp relevant financial concepts and apply them to daily activities and studies. This fully revised and updated edition captures the most important aspects of a changing financial landscape, incorporating new and expanded sections on:

• Behavioral finance, securitization and financial crises
• Risk management, including loss control, loss financing and risk reduction
• Investment management, including conventional asset management, alternatives and private wealth.

Illustrated throughout with timely, real-world examples and case studies, Finance: The Basics contains useful equations, statistics and suggestions for further reading. It is ideal for anyone looking for a straightforward but comprehensive guide to the key elements of finance.

Erik Banks is a senior risk advisor at the European universal bank UniCredit. He has held senior risk positions at Citibank, Merrill Lynch and in the hedge fund sector, in New York, Tokyo, Hong Kong, London and Munich. He is the author of several books on risk, derivatives, emerging markets and governance.