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. |
|