International Banking: A Functional Approach

This book will contain a comprehensive and up-to-date discussion on the functions international banks perform and the international financial environment under which they operate.It provides readers with an understanding of international banking and finance in the contemporary international financial environment. Due to the dynamic nature of the international banking environment, it is necessary to develop skills to effectively identify and understand the effects of current developments.It begins by presenting the international banking functions followed by participation in the interbank foreign exchange and Euro currency markets, and sovereign lending. Other important topics include international money laundering, international banking and debt crises, and offshore banking markets.