Introduction to Banking, 3rd edition

Gain a thorough insight into the business of banking;

Introduction to Banking, 3rd edition, by Casu, Girardone and Molyneux offers an in-depth overview of the theoretical and applied issues in the global banking industry. Organised into five sections, it covers contemporary topics in banking, ranging from central banking and bank regulation, to bank management and corporate governance, providing the most up-to-date information on banking practice.

The new edition discusses the developments contributing to the rapid transformation of the banking sector, such as digitalisation of banking and emergence of non-bank providers, the growing importance of sustainable banking, the FinTech boom, the impact of Covid-19 on banking services, structural and regulatory changes in the banking industry, and the growth of Islamic banking;

Suitable for all undergraduate students taking a course in banking as well as professionals entering this industry, this text also provides background reading for postgraduate students on more advanced topics in banking.

“I truly welcome this thoroughly revised edition of the Introduction to Banking textbook. Its authors are world-class scholars who on a daily basis research a wide array of highly relevant banking topics and maintain many close contacts with the commercial and central banking community. I can see no better guides to lead undergraduates into the fascinating (and at times bewildering) banking landscape.”

• Steven Ongena, Professor of Banking, University of Zurich, Swiss Finance Institute and CEPR

Hallmark Approach

Real-life understanding of concepts and key developments

• Comprehensive insight into banking sector: The text covers theoretical and applied issues relating to the global banking industry, highlighted by examples from across Europe and the wider international arena.
• Focus on bank management: With a strong focus on bank management issues, the title prepares students to understand the different financial features of commercial and investment banking business.
• Advanced topics in banking: From the growth of the ‘shadow banking system' to bank mergers and acquisition activities, and issues and challenges surrounding the industrial structure of modern banking markets, the text focuses on the key issues in banking industry.

Focus on applied learning

• Theory into practice: The title includes Financial Times articles with news from the banking/financial industry. This allows students to connect theory with the real world.
• Evaluation of practical problems: End-of-chapter questions require students to solve practical problems and to reflect on some of the practical implications of important issues in banking.
• International focus: The text covers institutional features and structural trends of various banking systems, including the UK, Europe, US, Japan and other emerging banking markets.

New to this Edition

• NEW topics covered: The text familiarises students with the recent trends transforming the banking business, such as the FinTech boom, the digitalisation of banking services and the emergence of non-bank providers.
• UPDATED! Real-world developments: The new edition discusses emerging issues such as the advent of new payment systems, new institutions and cryptocurrency markets, changes in bank business models and the future of banks.
• NEW chapter on Islamic banking explains the industry structure and main players of Islamic banking and how it is different from conventional banking.
• UPDATED! Covid-19 pandemic and other global issues that can alter the financial sector stability, including the growing importance of sustainable banking and green finance opportunities, have been included in the new edition.
• REVISED! Developments in bank regulation: The text provides the most up-to-date information on central banking and bank regulation issues comparing the UK, the eurozone and the US.