The U.S. Banking System: Laws, Regulations, and Risk Management

  • 4h 40m
  • Felix I. Lessambo
  • Springer
  • 2019

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.

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.

About the Author

elix 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.

In this Book

  • Acronyms
  • List of Cited Cases
  • Overview of the US Banking System
  • Banking Laws
  • The Crypto-Currency Regulations
  • Anti-Money Laundering Laws
  • The Regulators
  • Commercial Banks and Savings Banks
  • Investment Banks
  • Merchant Banks
  • Credit Union
  • Public Bank—Bank of North Dakota
  • Risks in the Banking Industry
  • Banking Regulation Principles
  • Banks’ Capital Adequacy
  • Comprehensive Capital Analysis and Review (CCAR) and the Dodd–Frank Stress Testing
  • Commercial Banks’ Financial Statements
  • Commercial Bank’s Financial Ratios Analysis
  • Bank Audit Systems
  • Bank Bankruptcy
  • Bibliography
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