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UNDERSTAND BANKS & FINANCIAL MARKETS: An Introduction to the International World of Money and Finance

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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 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
•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 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;

59 pages, Kindle Edition

First published February 17, 2015

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Profile Image for Govinda Parasrampuria.
113 reviews19 followers
December 6, 2018
Some topics are explained well, but sometimes the author has shamelessly posted a link to a YouTube video or a Wikipedia article, without making an effort to simplify and explain the topic.
Now tell me one thing, dear author, how the hell is one supposed to open a link while reading a book? It renders the whole point of buying your book moot.
YOU HAD ONE JOB!
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