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Money and Capital Markets: Financial Institutions and Instruments in a Global Marketplace, 8/e
Peter Rose, Texas A & M University

The Commercial Banking Industry

Chapter Objectives


In this chapter you will understand how important commercial banks are to the functioning of a modern economy and financial system.

You will have the opportunity to explore the makeup (structure) of the United States’ banking industry—one of the most important in the world.

You will learn about the content of bank financial statements and discover how to read them.

You will see how banks create and destroy money and credit and why this activity is so vital to the operation of both the economy and the financial system.




McGraw-Hill/Irwin