The U.S. Banking System: Laws, Regulations, and Risk Management

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. Front Matter ....Pages i-xiii Overview of the US Banking System (Felix I. Lessambo)....Pages 1-5 Front Matter ....Pages 7-7 Banking Laws (Felix I. Lessambo)....Pages 9-20 The Crypto-currency Regulations (Felix I. Lessambo)....Pages 21-36 Anti-Money Laundering Laws (Felix I. Lessambo)....Pages 37-66 Front Matter ....Pages 67-67 The Regulators (Felix I. Lessambo)....Pages 69-91 Commercial Banks and Savings Banks (Felix I. Lessambo)....Pages 93-98 Investment Banks (Felix I. Lessambo)....Pages 99-114 Merchant Banks (Felix I. Lessambo)....Pages 115-124 Credit Union (Felix I. Lessambo)....Pages 125-137 Public Bank—Bank of North Dakota (Felix I. Lessambo)....Pages 139-155 Front Matter ....Pages 157-157 Risks in the Banking Industry (Felix I. Lessambo)....Pages 159-175 Banking Regulation Principles (Felix I. Lessambo)....Pages 177-183 Banks’ Capital Adequacy (Felix I. Lessambo)....Pages 185-207 Comprehensive Capital Analysis and Review (CCAR) and the Dodd–Frank Stress Testing (Felix I. Lessambo)....Pages 209-240 Front Matter ....Pages 241-241 Commercial Banks’ Financial Statements (Felix I. Lessambo)....Pages 243-258 Commercial Bank’s Financial Ratios Analysis (Felix I. Lessambo)....Pages 259-275 Front Matter ....Pages 277-277 Bank Audit Systems (Felix I. Lessambo)....Pages 279-296 Bank Bankruptcy (Felix I. Lessambo)....Pages 297-315 Back Matter ....Pages 317-332