Dileep Mehta was Professor of International Banking & Finance, and is now Professor Emeritus of Finance, at Georgia State University.Hung-Gay Fung is Dr. Y. S. Tsiang Professor at the University of Missouri-St. Louis. His areas of research and teaching include international banking, derivatives, risk management, corporate finance, investment, and international finance, and he is currently the editor of China and World Economy.

• List of Figures. List of Tables.Preface.Part I: Overview:.1. Basic Premises.Part II: Foundation:.2. Globalization of Commercial Banking.3. Foreign Exchange Participation.4. Eurocurrency Market.5. Futures and Options in Currency and Interest Rate Markets.Part III: Applications:.6. Swaps and Other Derivative Instruments.7. International Credit Function for Private Business.8. Sovereign Risk Analysis.9. Asset and Liability Management.Part IV: Trends and Future Directions:.10. Capital Adequacy.11. Toward Investment Banking Activities.12. Banking Strategy.Glossary.References and Further Rading.Index.

"Mehta and Fung's work is a textbook and more; it summarizes the lessons of global banking management of the past few decades and provides new frameworks and insights for the new century. Its detailed discussion and analysis produces a comprehensive coverage of the topic. The learning objective and discussion questions given at the beginning and the end of each chapter, respectively, together with various inserts, make the reading very appealing." Kui-Wai Li, City University of Hong Kong