Introducing students who are new to banking its evolution, basic principles, and current issues, this text presents an overview of banking fundamentals, along with various issues and developments important in understanding the contemporary scene.
Excellent for those entering the banking industry (e.g., I used this for when I entered IndyMac Bank). When I joined retail banking (previously only having worked in Investment Banking at Morgan Stanley) I was able to expand my knowledge on various areas of the retail banking beyond just what I-Banking had taught (e.g.,, valuation, SEC II & SEC III stat techniques, tax implications and flippying and insider trading tips of how to find/negotiate the best properties). I think this book is an excellent read and suggest it for all looking at this field. - Jameson Thottam
Excellent intro to banking
Published by Thriftbooks.com User , 25 years ago
This is the text used by the American Bankers Assn. (ABA) to teach beginning bank personnel how banking works. My company, a large banking software company, also uses it to train new employees.Only the 1st chapter is a sales pitch. The rest is easy to read, comprehensive presentations of teller functions, payments, credit, reporting, business banking, marketing, history and current trends.
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