The Financial Markets of London

John Cooper

Chapter 3 in The Management and Regulation of Banks, 1984, pp 95-164 from Palgrave Macmillan

Abstract: Abstract We saw in the last chapter that the principal function of those institutions which collectively make up the mechanism of British banking is the collection of deposits from those with cash resources surplus to their immediate requirements and the re-lending of these cash resources, in one form or another, to those with an immediate need for them. We saw, too, the wide diversity and large number of institutions which make up the total banking mechanism and also the way that the borrowing and lending activities of many of them cut across any neat divisions of those activities in terms of the geographical location of the depositor or borrower or, indeed, the currency in which the deposit or lending is denominated.

Keywords: Foreign Exchange; Foreign Currency; Money Market; Foreign Exchange Market; Spot Market (search for similar items in EconPapers)
Date: 1984
References: Add references at CitEc
Citations:

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-06527-1_3

Ordering information: This item can be ordered from
http://www.palgrave.com/9781349065271

DOI: 10.1007/978-1-349-06527-1_3

Access Statistics for this chapter

More chapters in Palgrave Macmillan Books from Palgrave Macmillan
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().