The Law of Financial Institutions provides the foundation for a successful course on the law of traditional commercial banks. The book’s clear writing, careful editing, timely content, and concise explanations to provocative questions make a difficult field of law lively and interesting.

New to the Seventh Edition:

Unified analysis of different types of financial institution under a common framework, using simple mock balance sheets as a way of vividly illustrating the similarities and differences and bringing out the features that lend stability or instability to the financial system.
A new chapter dealing with the important topic of financial technology.
Extensive treatment of liquidity regulation, one of the most fundamental strategies for ensuring bank safety and soundness.
A clear and coherent discussion of capital regulation and provides up-to-date explanations and simple examples of the complex issues surrounding capital adequacy applicable to banks today.
A clear, coherent, and interesting account of the essential nature of the banking firm as a financial intermediary that acts as a payment service provider.
Text that addresses issues of compliance and risk management that have become central to the management of banking institutions in the years since the financial crisis.

Professors and student will benefit from:

Important new contributions from Professor Peter Conti-Brown, a nationally renowned expert in banking policy and history
Completely revised and updated to reflect important regulatory initiatives and trends
Answers to all problem sets available to adopting professors
Focuses on topics from economic, political, and doctrinal point of view
Interesting and provocative questions with explanations
Extensive use of nontraditional materials and professor-written discussions and explanations
Excellent organization and careful editing