Description
The U.S. banking system differs from many countries both in the range of services supplied and the complexity of operations. Meanwhile, the U.S. financial markets have become the attraction of worldwide investors. This book explains the three key aspects of the industry: the laws governing the banking institutions, the regulations thereof, and their economics and financial statements in a manner not covered by any competitive publications, of interest to both professionals and scholars who want to better grasp this industry. Auditing a bank and/or liquidating a bank require a set of rules not always well understood. The book provides such an overview.
Table of Contents
Chapter 1: Overview of the US Banking System.- Part 1: The Legal Background.- Chapter 2: Banking Laws.- Chapter 3: The Crypto-currency regulations.- Chapter 4: Anti-Money Laundering Laws.- Part 2: Actors: Regulators and Banks.- Chapter 5: The Regulators.- Chapter 6: Commercial Banks and Saving Banks.- Chapter 7: Investment Banks.- Chapter 8: Merchant Banks.- Chapter 9: Credit Union.- Chapter 10: Public Bank - Bank of North Dakota (BND).- Part 3: Risk and Bank Regulation.- Chapter 11: Risks in the Banking Industry.- Chapter 12: Banking Regulation.- Chapter 13: Banks’ Capital Adequacy.- Chapter 14: Comprehensive Capital Analysis and Review (CCAR) & The Dodd-Frank Stress Testing.- Part 4: Financial Statements and Statement Analysis.- Chapter 15: Commercial Banks’ Financial Statements.- Chapter 16: Commercial Bank’s Financial Ratios’ Analysis.- Part 5: Auditing and Bankruptcy.- Chapter 17: Bank Audit Systems.- Chapter 18: Bank Bankruptcy.
