In the aftermath of the financial crisis, the business model of
international banks is under pressure. Regulators across the world
are retrenching to national lines by applying restrictions on
cross-border banking. Applying game theory, this book develops a
model of the financial trilemma to understand the co-ordination
failure among regulators. It also provides governance solutions to
overcome this co-ordination failure. The goal is to offer a
long-term perspective on international banking for regulators and
academics. The book combines academic insights and policy issues.
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