Financial Systems

Edwin H. Neave is Professor of Finance at Queen’s University, Kingston, Ontario. He is also an Honorary Fellow of the Institute of Canadian Bankers. Neave’s profit planning simulations are used by the Institute in its banking education programs in more than forty countries. Neave is also currently Editor□in-Chief of a Treasury Management Program being designed by the Institute.

• Preface Part I Overview 1 Introduction 2 Roles and clients 3 Financial system organisation 4 Change 5 Financial systems: an empirical overview Part II Concepts 6 Principles of asset pricing 7 Dividing and pricing risks 8 Financial governance 9 Portfolio governance 10 Deals’ terms 11 Market trading and intermediation Part III Financial markets 12 Domestic financial markets 13 Markets for risk trading 14 International financial markets Part IV Financial intermediaries 15 Principles of intermediation 16 Domestic intermediation 17 International intermediation Part V Assessing and improving performance 18 Government financial activity 19 Supervision 20 Toward the future