Skip to main content
SpringerLink
Log in
Palgrave Macmillan

The U.S. Banking System

Laws, Regulations, and Risk Management

  • Book
  • © 2020

Overview

Authors:
  1. Felix I. Lessambo

    1. School of Business, Central Connecticut State University, New Britain, USA

    View author publications

    You can also search for this author in PubMed   Google Scholar

  • Provides a comprehensive overview of the U.S. banking system, including regulations, laws, and auditing
  • Covers the risks within the banking industry including credit, liquidity, foreign exchange, and operational risk
  • Discusses the differences between banks, including commercial, savings, investment, and merchant, and public banks

This is a preview of subscription content, log in via an institution to check access.

Access this book

Log in via an institution
eBook USD 119.00
Price excludes VAT (USA)
  • Available as EPUB and PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book USD 159.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info
Hardcover Book USD 159.99
Price excludes VAT (USA)
  • Durable hardcover edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Other ways to access

Licence this eBook for your library

Institutional subscriptions

Table of contents (18 chapters)

  1. Front Matter

    Pages i-xiii
    Download chapter PDF

  2. Overview of the US Banking System

    • Felix I. Lessambo
    Pages 1-5

  3. The Legal Background

    1. Front Matter

      Pages 7-7
      Download chapter PDF

    2. Banking Laws

      • Felix I. Lessambo
      Pages 9-20

    3. The Crypto-currency Regulations

      • Felix I. Lessambo
      Pages 21-36

    4. Anti-Money Laundering Laws

      • Felix I. Lessambo
      Pages 37-66

  4. Actors: Regulators and Banks

    1. Front Matter

      Pages 67-67
      Download chapter PDF

    2. The Regulators

      • Felix I. Lessambo
      Pages 69-91

    3. Commercial Banks and Savings Banks

      • Felix I. Lessambo
      Pages 93-98

    4. Investment Banks

      • Felix I. Lessambo
      Pages 99-114

    5. Merchant Banks

      • Felix I. Lessambo
      Pages 115-124

    6. Credit Union

      • Felix I. Lessambo
      Pages 125-137

    7. Public Bank—Bank of North Dakota

      • Felix I. Lessambo
      Pages 139-155

  5. Risks and Banking Regulation

    1. Front Matter

      Pages 157-157
      Download chapter PDF

    2. Risks in the Banking Industry

      • Felix I. Lessambo
      Pages 159-175

    3. Banking Regulation Principles

      • Felix I. Lessambo
      Pages 177-183

    4. Banks’ Capital Adequacy

      • Felix I. Lessambo
      Pages 185-207

    5. Comprehensive Capital Analysis and Review (CCAR) and the Dodd–Frank Stress Testing

      • Felix I. Lessambo
      Pages 209-240

  6. Financial Statements and Statement Analysis

    1. Front Matter

      Pages 241-241
      Download chapter PDF

    2. Commercial Banks’ Financial Statements

      • Felix I. Lessambo
      Pages 243-258
Back to top

Keywords

About this book

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.

Authors and Affiliations

  • School of Business, Central Connecticut State University, New Britain, USA

    Felix I. Lessambo

About the author

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.

Bibliographic Information

  • Book Title: The U.S. Banking System

  • Book Subtitle: Laws, Regulations, and Risk Management

  • Authors: Felix I. Lessambo

  • DOI: https://doi.org/10.1007/978-3-030-34792-5

  • Publisher: Palgrave Macmillan Cham

  • eBook Packages: Economics and Finance, Economics and Finance (R0)

  • Copyright Information: The Editor(s) (if applicable) and The Author(s), under exclusive license to Springer Nature Switzerland AG 2020

  • Hardcover ISBN: 978-3-030-34791-8Published: 19 December 2019

  • Softcover ISBN: 978-3-030-34794-9Published: 19 December 2020

  • eBook ISBN: 978-3-030-34792-5Published: 18 December 2019

  • Edition Number: 1

  • Number of Pages: XIII, 332

  • Number of Illustrations: 19 b/w illustrations, 24 illustrations in colour

  • Topics: Banking

Publish with us

Policies and ethics

Back to top

Search

Navigation