Global Banking Trends Spark Concerns Over Money Laundering and Risk Management
The article "International Banking: Text and Cases" covers various aspects of international banking, including its history, different banking systems worldwide, and the functions of commercial, investment, retail, and private banking. It also discusses offshore financial centers, foreign exchange market operations, and risk management in banking, such as bank failures, regulation, money laundering, derivatives, and country risk. The researchers highlight emerging trends in global banking and address global debt crises.