(Ebook free) The Future of Finance: A New Model for Banking and Investment (Wiley Finance)






#2300559 in eBooks 2010-09-14 2010-09-14File Name: B0043M58YE

4 of 4 people found the following review helpful. Excellent and thought provoking bookBy JoriThe book "The Future of Finance" written by Moorad Choudhry and Gino Landuyt is an excellent overview of the recent financial crisis and the aftermath of it. However, the main reason for owning this book has to be the thought provoking discussions about how the framework of financial theories have to be reviewed for their accuracy. As a soon-to-be M.Fin I found this book to be very insightful and helpedFrom the Inside FlapFinancial markets have always promised, and often delivered, prosperity. But, during the last decade, the structure and behavior of financial markets themselves helped create the conditions for an economic implosion that resulted in a banking crisis, recession, and wholesale losNew banking and investment business models to navigate the post-financial crisis environment The financial crisis of 2007-2008 has discredited business models in the banking and fund management industries. In The Future of Finance, Moorad Choudhry and Gino Landuyt argue that banks must realign their business models, implying a lower return-on-equity; diversifying their funding sources; and increasing liquidity reserves. On the investment side, the authors discuss how diversification did not red...


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