Preface
Acknowledgements
Symbols, Abbreviations and Other Conventions

PART ONE: INTRODUCTION
1. The role of a financial system

PART TWO: FINANCIAL INSTITUTIONS AND SYSTEMS
2. An introduction to financial systems
3. The UK financial system
4. The US financial system
5. The German financial system
6. The French and Italian financial systems
7. Financial systems in Northern Europe- Hans-Michael Trautwein

PART THREE: THEORY
8. Portfolio theory
9. The determination of short-term interest rates
10. The structure of interest rates
11. The valuation of assets

PART FOUR: MONEY AND BANKING
12. Banks and the supply of money
13. The demand for money
14. Monetary policy

PART FIVE: MARKETS
15. Money markets
16. Bond markets
17. Equity markets
18. Foreign exchange markets
19. Derivatives - the financial futures markets
20. Options, swaps and other derivatives

PART SIX: CURRENT ISSUES
21. The single European market
22. The European Monetary System and monetary union
23. The European Central Bank and euro area monetary policy
24. Financial innovation
25. The regulation of financial markets
26. Financial market efficiency
Case Studies 1-8

Glossary of Terms
Answers to Questions
Index