Banks Bankers And Bankruptcies Under Crisis

Author: D. Chorafas
Publisher: Springer
ISBN: 1137436999
Size: 21.48 MB
Format: PDF, Kindle
View: 1978
Banks, Bankers, and Bankruptcies Under Crisis uses case studies of failed banks, banks that would have failed without taxpayer intervention, and in some cases banks obliged to merge under government pressure, to better understand global banking today.

Crisis In Greece

Author: Peter Siani-Davies
Publisher: Oxford University Press
ISBN: 0190911530
Size: 30.63 MB
Format: PDF, Docs
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For nearly five years the international press has been gripped by and reported at great length on "the Greek crisis," with news stories gradually filtering out from the deeper recesses of the economic section to the front pages, as the crisis has intensified and mass protests in Athens have caught the world's attention. Meanwhile, what began as a localized fiscal deficit problem grew to be a crisis that challenged the political and social fabric of the nation and at times seemed destined to undermine the very existence of a global currency, the Euro. This book, written in an accessible and non- technical manner, tells the story of the lengthy crisis that has beset Greece and the wider Eurozone. Is it a purely economic phenomenon or something wider and deeper, as many Greeks would suggest? Are its causes to be found in the prevailing international financial environment or the economic and political system which has evolved in Greece since the early 1970s? Have many of the choices made by both domestic and international actors, such as the IMF and the EU, merely exacerbated the crisis? Most importantly, what has been the impact of the crisis on the daily lives of the country's inhabitants?

Business Efficiency And Ethics

Author: D. Chorafas
Publisher: Springer
ISBN: 113748425X
Size: 45.52 MB
Format: PDF, ePub
View: 1085
Business Efficiency and Ethics presents both the theory of business efficiency and ethics, and a wealth of case studies based on practical experience. This unique perspective offers a framework for identifying this behaviour and reestablishing appropriate business behavior standards.

Too Big To Fail

Author: Andrew Ross Sorkin
Publisher: Penguin
ISBN: 1101443243
Size: 66.48 MB
Format: PDF, Docs
View: 4419
Brand New for 2018: an updated edition featuring a new afterword to mark the 10th anniversary of the financial crisis The brilliantly reported New York Times bestseller that goes behind the scenes of the financial crisis on Wall Street and in Washington to give the definitive account of the crisis, the basis for the HBO film “Too Big To Fail is too good to put down. . . . It is the story of the actors in the most extraordinary financial spectacle in 80 years, and it is told brilliantly.” —The Economist In one of the most gripping financial narratives in decades, Andrew Ross Sorkin—a New York Times columnist and one of the country's most respected financial reporters—delivers the first definitive blow-by-blow account of the epochal economic crisis that brought the world to the brink. Through unprecedented access to the players involved, he re-creates all the drama and turmoil of these turbulent days, revealing never-before-disclosed details and recounting how, motivated as often by ego and greed as by fear and self-preservation, the most powerful men and women in finance and politics decided the fate of the world's economy.

Banking Crisis

Author: Great Britain. Parliament. House of Commons. Treasury Committee
Publisher: The Stationery Office
ISBN: 9780215529909
Size: 77.39 MB
Format: PDF
View: 3760
This report examines the failure of the UK banks. The Committee begins by examining how the present position came about. After looking at the economic situation the report addresses the fate of those banks now partly or wholly owned by the Government, comparing their experiences with those of the building societies. This analysis identifies several key factors as triggering this crisis. First, the growth of risk and complexity, with a concomitant growth in profit, meant that too few people (including many of those in charge) had a clear idea of what was on the banks' books. Second, the banking sector became over-reliant on wholesale funding and discounted any possibility that the wholesale market would dry up; third, rapid growth in the sector was facilitated by increased leverage. The Committee praises the response of the Financial Services Compensation Scheme which had to cope with a dramatic surge in its workload to help compensate those savers in failing institutions. The package of measures the Government has taken to address the problems in the banking sector is then examined and the Committee offers its initial view on these measures. The Government's multi-billion pound stake in the banking sector is being managed by UK Financial Investments Limited (UKFI) and the next section looks at its early work. Finally the report looks at the future of the banking sector, to see if structurally steps can be taken to limit the possibility of another banking crisis.

Encyclopedia Of Japanese Business And Management

Author: Allan Bird
Publisher: Routledge
ISBN: 1134657617
Size: 13.86 MB
Format: PDF, Mobi
View: 1741
The Encyclopedia of Japanese Business and Management is the definitive reference source for the exploration of Japanese business and management. Reflecting the multidisciplinary nature of this field, the Encyclopedia consolidates and contextualises the leading research and knowledge about the Japanese business system and Japanese management thought and practice. It will be welcomed by scholar and student alike as an essential resource for teaching, an invaluable companion to independent study, and a solid starting point for wider exploration.

The Economics Of Bank Bankruptcy Law

Author: Matej Marinč
Publisher: Springer Science & Business Media
ISBN: 9783642218071
Size: 50.61 MB
Format: PDF, ePub
View: 5721
This book shows that a special bank bankruptcy regime is desirable for the efficient restructuring and/or liquidation of distressed banks. It explores in detail both the principal features of corporate bankruptcy law and the specific characteristics of banks including the importance of public confidence, negative externalities of bank failures, fragmented regulatory framework, bank opaqueness, and the related asset-substitution problem and liquidity provision. These features distinguish banks from other corporations and are largely neglected in corporate bankruptcy law. The authors, an assistant professor for money and finance and a research economist at the Dutch Central Bank, propose changes in both prudential regulation and reorganization policies that should allow regulators and banking authorities to better mitigate disruptions in the financial system and minimize the social costs of bank failures. Their recommendations are complemented by a discussion of bank failures from the 2007–2009 financial crisis.

Cross Border Banking In Europe

Author: Franklin Allen
Publisher: CEPR
ISBN: 1907142363
Size: 67.81 MB
Format: PDF, Kindle
View: 3752
This report argues that policy reforms in micro- and macro-prudential regulation and macroeconomic policies are needed for Europe to reap the important diversification and efficiency benefits from cross-border banking, while reducing the risks stemming from large cross-border banks.Available online as pdf at: http: //

Uncontrolled Risk Lessons Of Lehman Brothers And How Systemic Risk Can Still Bring Down The World Financial System

Author: Mark Williams
Publisher: McGraw Hill Professional
ISBN: 0071749047
Size: 12.25 MB
Format: PDF, ePub
View: 4620
Why was Lehman ignored when everyone else was bailed out? A risk advisor for top financial institutions and top B-school professor, Mark Williams explains how uncontrolled risk toppled a 158-year-old institution, using this story as a microcosm to illuminate the interconnection of the global financial system, as well as broader policy implications. This story is told through the eyes of an experienced risk manager and educator in a detailed and engaging way and provides the reader with a complete summary of how a savvy company with sophisticated employees and systems could have gotten it so wrong.