An introductory to intermediate level text which adopts an international perspective in providing broad and analytical coverage of the structure and operation of the principal British financial markets and institutions. It also includes material on issues of small business finance, corporate and institutional governance, regulation and harmonization, and overviews of the financial systems of the emergent and major foreign markets, including Japan and the US. The text contains numerous examples and illustrtations, a glossary of terms, annotated futher reading and end-of-chapter questions and problems.