TY - BOOK ID - 61119135 TI - The U.S. Banking System : Laws, Regulations, and Risk Management PY - 2020 SN - 3030347923 3030347915 PB - Cham : Springer International Publishing : Imprint: Palgrave Macmillan, DB - UniCat KW - Banking law KW - Banks and banking. KW - Banking. KW - Agricultural banks KW - Banking KW - Banking industry KW - Commercial banks KW - Depository institutions KW - Finance KW - Financial institutions KW - Money UR - https://www.unicat.be/uniCat?func=search&query=sysid:61119135 AB - 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. Felix I. Lessambo is an Associate Professor at Central Connecticut State University’s School of Business where he teaches Financial Statements Analysis and Global Financial Reporting. He has practiced international tax, transfer pricing, and alternative investment management groups where he structured and advised on hedge funds and private equity cross-border transactions. He is the author of several books in finance, including The International Banking System, The International Corporate Governance System, International Financial Institutions and Their Challenges, International Aspects of the US Taxation System, Audit-Assurance Services & Forensics, and Financial Statements: Analysis and Reporting. “Lessambo provides an outstanding examination of the broad forces that buffer the US banking system. The book envisions the near-future impact financial technology and electronic forms of currency may have on the banking system and begins an astute examination of the tensions that are developing between the speed at complex financial innovations are arriving to market, and the legacy processes of regulatory agencies that are tasked with assuring the safety, and soundness of the overall financial system. As any good book does, this book also takes care to examine in varying degrees of detail relevant core topics on bank risk monitoring. I found the book easy-to-read and easy to understand.” —Nicos A Scordis, Professor, The John R. Cox/ACE Limited Chair of Risk and Insurance, St. John's University, USA; and Editor, Review of Business: Interdisciplinary Journal on Risk and Society. ER -