This textbook provides an accessible introduction to finance and financial markets around the world. Requiring no previous knowledge of the subject, the authors comprehensively cover a broad range of different types of banking, markets, foreign exchange and derivative products. Incorporating recent events and current developments in finance, contemporary, international examples are used throughout to illustrate this fast-moving subject area. With Stephen Valdez's decades of experience as a financial trainer and Philip Molyneux's academic experience, they are the perfect team for this accessible and applied textbook.

This textbook is core reading for second and third year undergraduate students studying modules in financial markets and institutions as part of business and management degree courses. In addition it is suitable for use on MBA finance courses.

New to this Edition:
- Provides updated and expanded coverage of the global financial crisis of 2007-08 and its aftermath
- Explains and contextualises the major structural and regulatory reforms of global banking and financial markets
- A new design to make it more student-friendly, such as illustrative boxes that explain key financial issues

Accompanying online resources for this title can be found at bloomsburyonlineresources.com/an-introduction-to-global-financial-markets. These resources are designed to support teaching and learning when using this textbook and are available at no extra cost.

Stephen Valdez is a retired financial trainer and consultant and is the former Director of Profile Financial Training Plc. He formed Valdez Financial Training in 1985 to provide simple introductory courses on financial markets. The courses were used around the world by major banks, financial institutions, software houses and information providers. The company was later sold to The Financial Training Co. Ltd. with Stephen Valdez acting as consultant.

Professor Philip Molyneux is Head of Bangor Business School, Professor in Banking and Finance and Director of the Institute of European Finance at Bangor University, UK. He previously held the Special Chair of Financial Services and Financial Conglomerates at Erasmus University, Rotterdam, Netherlands, and was Visiting Professor at Bocconi University, Milan, Italy. He has published a variety of texts on banking areas and acted as a consultant to New York Federal Reserve Bank, the World Bank, the European Commission, the UK Treasury, Citibank Private Bank, Bermuda Commercial Bank, McKinsey& co, Credit Suisse and various other international banks and consulting firms.