第一章商业银行公司理财.pptVIP

PARTⅠ Introduction to bank financial management in the financial-services industry Chapter 1 Overview of banking and the financial-services industry China University of Mining and Technology School of Management 李凯风 LEARNING OBJECTIVES To understand the functions of a financial system To understand the role,importance,and the risks of banking To distinguish between direct and indirect finance To understand the “decline” of banking To distinguish between traditional commercial banking and modern banking To understand the dimension of bank competition and how regulation shapes them CHAPTER THEME This chapter presents an introduction and overview of banking and the financial-services industry(FSI). Financial-services firms (FSFs) act as intermediaries in the allocation of financial resources. As financial markets become more complete,direct finance tends to reduce the importance of certain financial institutions and the process of indirect finance. A financial-management perspective emphasizes the importance of understanding the risks of banking and how to manage them.Both market and regulatory discipline monitor and restrict bank risk taking. Explicit price,user convenience,and public confidence are the primary dimensions of bank competition. KEY CONCEPTS,IDEAS,AND TERMS KEY CONCEPTS,IDEAS,AND TERMS Section1.The functions of a financial system Section2.Financial-services firms and the  financial-services industry Section3.Types and classes of commercial banks  Section4.Bank holding companies:the dominant  organizational form Section5.Intermediation VS disintermediation and  indirect finance VS direct finance Section6.The end of banking as we know it? Section7.The role of bank regulation and supervision Section8.The regulatory dialectic(struggle model) Section9.The risks of bankingSection10.The dimensions of financial-services  competition and the role of r