The Principles of Banking
| By: | Moorad Choudhry; John Cummins; Ian Plenderleith |
| Publisher: | Wiley Professional Development (P&T) |
| Print ISBN: | 9780470825211 |
| eText ISBN: | 9781118390252 |
| Edition: | 1 |
| Format: | Page Fidelity |
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This book is an essential guide for bankers in every country of the world that reiterates the primary objective of banks and serves as a policy guide for all market practitioners. The Principles of Banking investigates the part played by unsound banking practices in the creation of the 2007-2008 financial market crisis. It then lists a policy guide for all banks that bankers must observe through good times, which will enable them to survive the bad times. This is followed by in-depth technical analysis that bankers must observe as part of good business banking practice. And banks must recognize that business cycles are just that: cycles. Good times do not last forever and banks must be managed with discipline so that they survive the bad times. This book is a policy guide for the entire business cycle.