<Table> <Tr> <Th> Finance </Th> </Tr> <Tr> <Td> </Td> </Tr> <Tr> <Td> Markets (show) <Table> <Tr> <Td> <Ul> <Li> Bond </Li> <Li> Commodity </Li> <Li> Derivatives </Li> <Li> Foreign exchange </Li> <Li> Money </Li> <Li> Over-the - counter </Li> <Li> Private equity </Li> <Li> Real estate </Li> <Li> Spot </Li> <Li> Stock </Li> </Ul> </Td> </Tr> <Tr> <Th> Participants </Th> </Tr> <Tr> <Td> <Ul> <Li> Investor <Ul> <Li> institutional </Li> </Ul> </Li> <Li> Retail </Li> <Li> Speculator </Li> </Ul> </Td> </Tr> </Table> </Td> </Tr> <Tr> <Td> Instruments (show) <Ul> <Li> Cash </Li> <Li> Credit line </Li> <Li> Deposit </Li> <Li> Derivative </Li> <Li> Futures contract </Li> <Li> Loan </Li> </Ul> <Ul> <Li> Option (call </Li> <Li> exotic </Li> <Li> put) </Li> </Ul> <Ul> <Li> Security </Li> <Li> Stock </Li> </Ul> Time deposit (certificate of deposit) </Td> </Tr> <Tr> <Td> Corporate (show) <Ul> <Li> <Ul> <Li> Accounting </Li> <Li> Audit </Li> <Li> Capital budgeting </Li> </Ul> </Li> <Li> Credit rating agency </Li> <Li> <Ul> <Li> Risk management </Li> <Li> Financial statement </Li> </Ul> </Li> <Li> Leveraged buyout </Li> <Li> Mergers and acquisitions </Li> <Li> <Ul> <Li> Structured finance </Li> <Li> Venture capital </Li> </Ul> </Li> </Ul> </Td> </Tr> <Tr> <Td> Personal (show) <Ul> <Li> Credit / Debt </Li> <Li> Employment contract </Li> <Li> Financial planning </Li> <Li> <Ul> <Li> Retirement </Li> <Li> Student loan </Li> </Ul> </Li> </Ul> </Td> </Tr> <Tr> <Td> Public (show) <Table> <Tr> <Th> Government spending </Th> </Tr> <Tr> <Td> <Ul> <Li> Final consumption expenditure </Li> <Li> <Ul> <Li> Operations </Li> <Li> Redistribution </Li> </Ul> </Li> <Li> Transfer payment </Li> </Ul> </Td> </Tr> <Tr> <Th> Government revenue </Th> </Tr> <Tr> <Td> <Ul> <Li> <Ul> <Li> Taxation </Li> <Li> Deficit spending </Li> </Ul> </Li> <Li> <Ul> <Li> Budget (balance) </Li> <Li> Debt </Li> </Ul> </Li> <Li> Non-tax revenue </Li> <Li> Warrant of payment </Li> </Ul> </Td> </Tr> </Table> </Td> </Tr> <Tr> <Td> Banks and banking (hide) <Ul> <Li> Central bank </Li> <Li> Deposit account </Li> <Li> Fractional - reserve banking </Li> <Li> Loan </Li> <Li> Money supply </Li> </Ul> <Ul> <Li> Lists of banks </Li> </Ul> </Td> </Tr> <Tr> <Td> Regulation Standards (show) <Table> <Tr> <Td> <Ul> <Li> Bank regulation </Li> <Li> Basel Accords </Li> <Li> International Financial Reporting Standards </Li> <Li> ISO 31000 </Li> <Li> Professional certification </Li> <Li> Fund governance </Li> <Li> Accounting scandals </Li> </Ul> </Td> </Tr> </Table> </Td> </Tr> <Tr> <Td> Economic history (show) <Ul> <Li> Private equity and venture capital </Li> <Li> Recession </Li> <Li> Stock market bubble </Li> <Li> Stock market crash </Li> </Ul> </Td> </Tr> <Tr> <Td> <Ul> <Li> </Li> <Li> </Li> <Li> </Li> </Ul> </Td> </Tr> </Table> <Tr> <Th> Finance </Th> </Tr> <Tr> <Td> Markets (show) <Table> <Tr> <Td> <Ul> <Li> Bond </Li> <Li> Commodity </Li> <Li> Derivatives </Li> <Li> Foreign exchange </Li> <Li> Money </Li> <Li> Over-the - counter </Li> <Li> Private equity </Li> <Li> Real estate </Li> <Li> Spot </Li> <Li> Stock </Li> </Ul> </Td> </Tr> <Tr> <Th> Participants </Th> </Tr> <Tr> <Td> <Ul> <Li> Investor <Ul> <Li> institutional </Li> </Ul> </Li> <Li> Retail </Li> <Li> Speculator </Li> </Ul> </Td> </Tr> </Table> </Td> </Tr> <Table> <Tr> <Td> <Ul> <Li> Bond </Li> <Li> Commodity </Li> <Li> Derivatives </Li> <Li> Foreign exchange </Li> <Li> Money </Li> <Li> Over-the - counter </Li> <Li> Private equity </Li> <Li> Real estate </Li> <Li> Spot </Li> <Li> Stock </Li> </Ul> </Td> </Tr> <Tr> <Th> Participants </Th> </Tr> <Tr> <Td> <Ul> <Li> Investor <Ul> <Li> institutional </Li> </Ul> </Li> <Li> Retail </Li> <Li> Speculator </Li> </Ul> </Td> </Tr> </Table>

Who introduced the concept of payment bank and small bank