Principles of Banking Law

This text addresses the legal issues thrown up by modern banking law. It sets out the legal rules within the context of modern banking practice and concentrates on principle rather than detail. The author also addresses many of the problems with which banking law has struggled on a daily basis. Professor Cranston places banking law in a modern financial framework examining multi-functional banking, the foreign exchange and derivative markets, the practice of netting, and the important custodial services performed by banks.