During the last decades the globalization, the intensified competition and the rapid changes in the socio-economic and technological environment had a major imp

The aim of this book is twofold: Firstly to focus on the development of new instruments and topics in the financial industry. Secondly to analyze the developmen

The recent financial crisis and the rapid changes in the economic and technological environment have highlighted the need for further reinforcement of the finan

This volume presents current developments in the fields of banking and finance from an international perspective. Featuring contributions from the 3rd Internati