The Chinese financial sector, despite having been developed at a much later stage compared with other developed nations, has achieved substantial progresses over the past decades. By the end of 2014,
Cyber risk has become increasingly reported as a major problem for financial sector businesses. It takes many forms including fraud for purely monetary gain, hacking by people hostile to a company cau
A number of changes have been made to the supervision and regulation of banks as a result of the recent financial meltdown. Some are for the better, such as the Basel III rules for increasing the quality and quantity of capital in banks, but legal changes on both sides of the Atlantic now make it much more difficult to resolve failing banks by means of taxpayer funded bail-outs and could hinder bank resolution in future financial crises. In this book, Johan A. Lybeck uses case studies from Europe and the United States to examine and grade a number of bank resolutions in the last financial crisis and establish which were successful, which failed, and why. Using in-depth analysis of recent legislation, he explains how a bank resolution can be successful, and emphasizes the need for taxpayer-funded bail-outs to create a viable banking system that will promote economic and financial stability.
In the early 1990s, reporters would anxiously tail Alan Greenspan as he made his way to Federal Open Market Committee meetings, desperate to get a glimpse of his briefcase. Why? Conventional wisdom ha
Operational risk is the risk of loss from inadequate or failed internal processes, people, and systems or from external events. There are two types of operational risks: catastrophic and non-catastrop
The book sheds light on two closely related and highly relevant governance themes: the composition of supervisory boards and financial expertise as well as ownership structure. The author focuses on t
Thus far, scholars have not agreed on how to accurately analyze competition in the banking system, how to implement an adequate competition policy in the banking industry, or how the state of competit
From Bitcoin to ApplePay, big changes seem to be afoot in the world of money. Yet the use of coins and paper bills has persisted for 3,000 years. InHow Would You Like to Pay?, leading anthropologist B
London merchant bankers emerged during the 1820s in the wake of financial turmoil caused by the wars of American Independence, the Napoleonic campaigns and the Anglo-American war of 1812. Though the m
This collection offers a comparative overview of how financial regulations have evolved in various European countries since the introduction of the single European market in 1986. It includes a number
From Bitcoin to ApplePay, big changes seem to be afoot in the world of money. Yet the use of coins and paper bills has persisted for 3,000 years. InHow Would You Like to Pay?, leading anthropologist B
This book explains how banking institutions in Portugal were able to maintain their strength and solubility while undergoing a demanding Program of Financial Assistance from the International Monetary
Banking panics are nothing new: in rich countries and poor, the banking system has long had a troubling tendency to collapse. This volume collects some remarkable articles from the eight-volume New Pa
Drawing on ethnographic fieldwork within the World Bank and a Ugandan ministry, this book critically examines how the new aid architecture recasts aid relations as a partnership. While intended to alt
This book features contributions from leading researchers into the effect of the recent financial crisis on lending in the banking sector. They explore the emergence of alternative methods of firm fin
This book presents research from leading researchers in the European banking field to explore three key areas of banking.In Bank Risk, Governance and Regulation, the authors conduct micro- and macro-
Banking market integration in the Asia Pacific has greatly accelerated in recent years, in an environment of many other rapid advances in banking and finance. This has increased competition between do
Enterprise Risk Management in Finance is a guide to measuring and managing Enterprise-wide risks in financial institutions. Financial institutions operate in a unique manner when compared to other bus
