Financial intermediation in the 21st century

"This volume brings together a range of expertise from leading regulators and distinguished scholars. Contributors offer original in-depth analysis and new vistas of the financial services industry in a world of increasing interdependence among national economies. They examine challenges and opportunities of the new finance era and future developments in financial markets, with particular emphasis on the role of new technologies, innovative strategies, and novel approaches for risk management and for safe and sound financial intermediation. The book concludes with an assessment of key managerial and regulatory issues."--BOOK JACKET.