This casebook provides comprehensive coverage of international finance. Part One deals with the international aspects of banking and capital markets in major financial markets, and covers the 2008 financial crisis and the 2010 Eurozone crisis. Part Two deals with the infrastructure of financial markets, such as clearing and settlement, capital requirements and foreign exchange regimes. Part III deals with major instruments, such as securitization and OTC derivatives. Part Four covers emerging markets with emphasis on China. Part V covers controlling the financing of terrorism. The book has been updated through June 2014 to cover major developments since the 2012 edition.