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    Understand Banks & Financial Markets: An Introduction to the International World of Money & Finance
    Understand Banks & Financial Markets: An Introduction to the International World of Money & Finance
    Understand Banks & Financial Markets: An Introduction to the International World of Money & Finance
    Ebook76 pages47 minutes

    Understand Banks & Financial Markets: An Introduction to the International World of Money & Finance

    By Michiel van den Broek

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    About this ebook

    Starting in the '80s, banks have become huge financial supermarkets offering a wide range of different services and products. Employees in these large banks have developed specialized expertise in the area in which they decide to make a career. Along with rapid developments in information technology this has resulted in large IT departments staffed by people without any particular financial and banking education.

    For example: How was it possible that the 1929 financial crisis was repeated by the 2008 credit crisis? The outrage and confusion illustrates the knowledge gap of understanding what banks do, what happens on financial markets and what is needed to prevent a derailment of the financial sector.

    Since 2005, I train people in the financial sector and I have created this E-book to bridge the basic knowledge gap. Besides clarifying graphs, the book is illustrated by Bas Kohler's cartoons. Also, you can use the selected internet links to access short video's, specific information sources and the central bank game.

    Example of the topics covered by this E-book are:
    •Money types and the role of Central Banks;
    •Different bank types and their activities;
    •The 3 financial product categories to trade capital, foreign currencies and risk
    •Financial market products trading: how, why and by whom;
    •Dealing room activities;
    •Types of derivative products and why they are used;
    •The source of the 2008 financial crisis and how it can be prevented;

    LanguageEnglish
    PublisherMichiel van den Broek
    Release dateFeb 17, 2015
    ISBN9781311158314
    Understand Banks & Financial Markets: An Introduction to the International World of Money & Finance
    Author

    Michiel van den Broek

    After obtaining my masters degree Business Economics (MSc) at Erasmus University Rotterdam in 1988, I have gained expertise in treasury, banking, finance and project management. In 1998 I started my own financial consultancy company: Hecht Consult.Since 2005 my major activity is to train participants who work for Banks and (Corporate) Treasury Departments. I know from practical experience that finance is not rocket science and you do not need to be a mathematical wizard to understand finance.My training method targets to strip complex financial topics to the basic structure. The basic structure will support participants to understand and use finance in their future work practice. I have trained hundreds of participants, and many have different backgrounds and finance experience - for example: chartered accountants, controllers, journalists, consultants, IT professionals, and University graduates.

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    Book preview

    Understand Banks & Financial Markets - Michiel van den Broek

    UNDERSTAND BANKS AND FINANCIAL MARKETS

    An Introduction to the International World of Money & Finance

    Published by Michiel van den Broek at Smashwords

    Copyright 2014 Michiel van den Broek

    http://www.financialtraininghub.com.

    Smashwords Edition, License Notes ISBN: 9781311158314

    This ebook is licensed for your personal enjoyment only. This ebook may not be re-sold or given away to other people. If you would like to share this book with another person, please purchase an additional copy for each recipient. If you are reading this book and did not purchase it, or it was not purchased for your use only, then please return to Smashwords.com and purchase your own copy. Thank you for respecting the hard work of this author.

    ****

    Table of Content

    Preview

    Introduction: Money

    Part I: Core Activities of Banks and Bank Income

    Core Activity (1): Transformation and Interest Rate Margin Income

    Core Activity (2): Intermediation

    Core Activity (3): Payments

    Core Activity (4): Trading

    Part II: Bank Types

    Bank Type (A): Retail Banks

    Bank Type (B): Private Banks

    Bank Type (C): Wholesale Banks

    Bank Type (D): Investment Banks

    Bank Type (E): Commercial and System Banks

    Bank Type (F): Shadow Banks

    Bank Type (G): Bank of International Settlements (Basel Committee and Agreements)

    Bank Type (H): Central banks

    Part III: Financial Markets

    Supply and Demand of Capita

    Shares

    Loans

    Supply and Demand of Currencies

    Market Risk

    Supply and Demand of Risk

    Derivatives

    Part IV: Trade Motivation and Organization

    Dealing Room

    Trading Place

    Exchange

    Over-The Counter

    Finally

    About the Author

    Additional Information

    E-Learning

    Blog

    *******

    PREVIEW

    There is something big happening in the world of finance that impacts our economies and welfare. Most of us do not realize the extent of what’s going on. But it’s not so complicated: Finance is not rocket science. After working in finance from 1990, I train people who work in the finance industry and specialized so as to explain ‘complex’ finance since 2005.

    Starting in the '80s, banks have become huge financial supermarkets offering a wide range of different services and products. Employees in these large banks have developed specialized expertise in the area in which they decide to make a career. Along with rapid developments in information technology this has resulted in large IT departments staffed by people without any particular financial and banking knowledge.

    You may like banks or not, but banks have been and still are very important to our modern society as key intermediators in the facilitation of economic development. The global financial crisis of 2008 became a turning point in the banking industry. We use banks almost every day, for example to make payments. But what do you really know about banks? How was it possible that banks caused a major financial market and economic crisis?

    After a short introduction about money, I will explain in Part I the core activities of banks. In Part II, I

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