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Stable Banks in Challenging Times - Contributions of Andreas Dombret at the Deutsche Bundesbank 2010-2018 (Hardcover)
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Stable Banks in Challenging Times - Contributions of Andreas Dombret at the Deutsche Bundesbank 2010-2018 (Hardcover)
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The global financial crisis of 2008 has shown the great dangers of
a pronounced imbalance in the financial system. The numerous
regulatory components of the global financial system all aim to
increase the stability and transparency of the system and thereby
restore the confidence of market participants in credit
institutions. The requirements lead to considerable challenges for
the market participants: structures have to be changed, business
models have to be revised, systems have to be checked for their
functionality. Stable Banks in Challenging Times is a collection of
speeches delivered by Andreas Dombret during his eight-year tenure
as a board member of the Deutsche Bundesbank, the German central
bank, and also, from 2014 onwards, his term on the Supervisory
Board of the European Central Bank. He also represented Germany at
the G7, the G20, the IMF, the FSB, the Basel Committee, the OECD
and the BIS. As witness to the challenges created by the global
financial crisis of 2008, Andreas Dombret helped to shape large
parts of the new regulatory framework. He successfully monitored
future developments such as digitalization, Brexit and climate
change, and their effects on the risk situation in the global
banking industry. His insights are an invaluable look at the inner
workings of global financial regulation and policy. Financial
system academics and researchers as well as professionals in
banking, the financial sector, central banking and bank supervision
will gain perspective from the author's observations as they
pertain both to the past and our future.
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