Retail Banking

This 4th edition of Retail Banking is a comprehensive, up-to-date introduction to the principles of banking. Packed with international examples and case studies, the text covers all aspects of banking in the modern financial services industry and explains the regulatory, social, technological and practical environment in which retail banks operate.

Figure 6.1 Average market share (%) of four largest banks, 2000-07. Source: OECD (2010).

List of figures; Preface to the fourth edition; Acronyms and abbreviations; Glossary; Part I The retail banking environment; 1 The retail banking environment; Objectives; Introduction; Figure 1.1 Retail banking environment; Retail banking; Figure 1.2 Retail banking at work. Source: Based on Taylor and Morison (1999); Retail banking risks; Political and legal drivers; Regulation; Deregulation; Economic drivers; Social drivers; Technological drivers; So, what is it all about?; Summary; Further reading; 2 What is retail banking?; Objectives; Introduction; Types of banking.

Figure 2.1 A timeline of bank consolidation in the UKFigure 2.2 Constituent parts of a universal bank; Commercial banking; Investment banking; Bancassurance; Distinguishing between the types of banking; Key banking concepts; Intermediation; Figure 2.3 Lenders and borrowers; Table 2.1 Banking losses and compensation (2010-16); Credit creation; Table 2.2 Riverside Bank Pte Ltd balance sheet; Table 2.3 Riverside Bank Pte Ltd balance sheet #2; Table 2.4 Riverside Bank Pte Ltd balance sheet #3; Table 2.5 Riverside Bank Pte Ltd balance sheet #4; Summary; Further reading; 3 How do retail banks work?

ObjectivesIntroducti…