Banking: Modern Business Series (Hardcover) (ISBN-13: 9781025291581)

"Banking" is an authoritative and comprehensive examination of the principles and operational practices of the financial industry during a formative era of American commerce. As a key installment in the "Modern Business Series," this work provides a rigorous foundation in the mechanisms of banking institutions, exploring their vital role in supporting industry and individual enterprise.

The text delves into the core functions of commercial banking, the management of deposits, and the various types of loans and investments that facilitate economic growth. It offers detailed insights into the complexities of international exchange and the fundamental principles of credit that underpin modern trade. Furthermore, the volume provides a thorough analysis of the Federal Reserve System and its impact on the national economy. Written by experts Frederick Russell and Frederick H. Hurdman, "Banking" serves as both a practical manual for the business professional and an essential historical document for understanding the evolution of modern financial theory. Through its clear explanation of fiscal standards and banking operations, the work highlights the essential relationship between sound banking practices and the stability of the broader business world.

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