The US commercial banking industry has fallen on hard times, and the prospects are not encouraging. A radical restructuring of the industry will be necessary to restore banks to adequate levels of profitability. With contributions from over 40 academics, bankers and leading professionals New Developments in Commercial Banking makes a fundamental contribution to understanding developments in the industry over the last few years and considers the threats and opportunities now facing commercial banks. Areas covered include:. * Asset securitization and risk management. * Strategic banking. * The role of banks in corporate capital-raising. * The public policy issues of bank regulation. This important new collection of articles compliments its highly successful sister volumes Revolution in Corporate Finance and Developments in International Finance . This book is an ideal text for MBA finance courses, executive development programmes and bank training courses.