Chapter One:Financial Market 1
Part One-Financial Market 1
The Introduction to the Financial Market 1
A Short History of Modem Finance 5
Part Two-The Trend of the Financial Market 9
Brokerage Firms Move to Set Up Futures Markets 9
Chapter Two:Bank 13
Part One-Central Bank 13
The Main Functions of the Central Bank 13
Policy Instruments of Central Bank 19
Part Two-Commercial Bank 25
Personal Bank Services 25
Types of Loans Granted by Commercial Banks 31
Part Three-Monetary Policy 37
Monetary Policy 37
Money 41
Chapter Three:Investment 47
Part One-Investment Bank 47
Investment Banks and Investment Bankers 47
Global Investment Banks Try China-Again 51
Part Two-Bonds 56
China Sells More US T-Bonds 56
Part Three-Securities 60
Stocks and Stock Exchanges 60
Restoring Faith in the Stock Market Essential to Economy 65
Part Four-Derivatives 69
Special Financial Instruments 69
Chapter Four:Insurance 75
Part One-Insurance 75
Filling China's Insurance Gaps 75
Part Two-Life Insurance 80
Secure Future for Life Insurance 80
Part Three-Non-life Insurance 84
Property Insurance Provides Protection Against Risks to Property 84
Chapter Five:Financial Events 88
The Asian Financial Crisis 88
Why the Bundesbank Is Wrong 92
Greed Is Not Good for Goldman 97
A Possible Third Way for Bank Investors 102
Reference 107