This book provides a comparative analysis of the several types of banking structure and the ways in which banks undertake their business. It surveys central banking arrangements in a number of countries. Against an historical background, it describes banking systems ranging from the so-called ‘unit banking’ of the USA to the branch banking arrangements that derive from British experience, as well as many systems in between. The business of banking is analysed comparatively within the framework of a simplified bank balance sheet, special attention being given to industrial banking and to assets and liabilities management. It explores how money markets function and, within this framework, how central banks operate and attempt to implement monetary and credit policy. The book includes the results of extensive new research, part of which involved interviewing many key figures throughout the banking industry.

chapter |6 pages


chapter 1|5 pages

The Evolution of Deposit Banking

chapter 3|70 pages

Unit Banking: the Experience of the USA

chapter 4|72 pages

Hybrid Banking Systems

chapter 5|15 pages

The Nordic Countries: Banking Structures

chapter 6|112 pages

The Business of Banking

chapter 7|13 pages

Industrial Banking

chapter 8|15 pages

Assets and Liabilities Management

chapter 9|24 pages

The Role of a Money Market

chapter 10|13 pages

The Principles of Central Banking

chapter 11|26 pages

The Techniques of Credit Control

chapter 12|6 pages