This new textbook provides an up-to-date overview of international banking as the second decade of the twenty-first century unfolds. Integrating geo-economic, operational, institutional and regulatory changes in the financial sector, the volume’s methodology incorporates specific case studies and research, combining theory with practical examples to illustrate the impact and consequences of past and present financial crises. The volume considers the core aspects of international banking, including its structural and technical features, historical context, institutional evolution in core markets, and wholesale, retail, investment and private banking. It uses specific examples from past and present literature, post-2008 case studies and histories, and research materials, offering a fully updated overview of how international banks respond to global crises, the origin, efficacy and evolution of financial markets, and the regulatory framework within which they function. One chapter is devoted to the evolution and potential of new markets, including the financial sectors of the BRICS and other emerging economies. Each chapter examines background, causes, impact and resolution, focusing on specific cases and their broader implications for the sector. This textbook is a guide to the new, and at times unchartered, landscape to be navigated by large domestic, cross-regional and global banks, and will be invaluable reading for students of finance, business and economics, as well as for those in the financial sector.
The volume considers the core aspects of international banking, including its structural and technical features, historical context, institutional evolution in core markets, and wholesale, retail, investment and private banking.
Covering a wide range of topics, from the rationale of banking regulation to optimal banking regulation in the new world environments, this book examines the innovative tools needed to cope with these problems.
Provides general overview of electronic banking and commerce.
Dr. Gup and his panel of regulatory professionals and academics explore some of the hottest topics in what has been called the New Financial Architecture-a quest for new methods of bank regulation that can cope with dramatic changes ...
Beyond explaining the central bank’s new policymaking tools, Bernanke also captures the drama of moments when so much hung on the Fed’s decisions, as well as the personalities and philosophies of those who led the institution.
... Banking History Conference, 24–27 September 2008, 61–87. 12. D.T. Merrett, 'Global reach by Australian banks', 85. 13. G. Jones, British Multinational Banking, 1830–1990 (Oxford: Oxford University 228 The Origins of International Banking in ...
... financial markets (ibid.). So the amount of actual disclosure and the legally required disclosure will be critical ... New Century audit, this may be a difficult legal bar to get over. This view is reinforced in a recent Supreme Court ...
This book provides a long-term perspective on the development of each centre, with special attention devoted to the pre-1914 years and to the last decades of the twentieth century, in order to contrast these two eras of globalization.
Krueger , A. ( 2002 ) " A New Approach to Sovereign Debt Restructuring " , mimeo , available at www.imf.org . ... Rogoff , K. and Zettelmeyer , J. ( 2002 ) " Early Ideas on Sovereign Bankruptcy Reorganization : A Survey " , IMF Working ...
10 Friedman and Schwartz blamed the Fed for not intervening once the banking system collapsed and took first the money supply and then the economy with it. In addition to delivering the most coherent explanation of the forces that ...