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Future Of Large, Internationally Active Banks, The (Hardcover)
Loot Price: R4,530
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Future Of Large, Internationally Active Banks, The (Hardcover)
Series: World Scientific Studies in International Economics, 55
Expected to ship within 10 - 15 working days
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The Great Financial Crisis of 2007-2010 has had a major impact on
large cross-border banks, which are widely blamed for the start and
severity of the crisis. As a result, much public policy, both in
the United States and elsewhere, has been directed at making these
banks safer and less influential by reducing their size and
permissible powers through increased government regulation.At the
Federal Reserve Bank of Chicago's 18th annual International Banking
Conference, held in November 2015, the status of these large
cross-border banks was critically evaluated. In collaboration with
the World Bank, the conference held discussions on the current
regulatory landscape for large and internationally active financial
institutions; the impact of regulation on bank permissible
activities and international trade; improvements in risk
management; necessary repairs to the bank safety net; the
resolution of insolvent banks operating across national borders;
corporate governance for banks in the new environment; implications
for market and government discipline; and, progress in achieving
international cooperation.Contributors include international
policymakers, practitioners, researchers, and academics from more
than 30 countries. The papers from the conference are collected in
this volume.
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