Future Of Large, Internationally Active Banks, The

Asli Demirg????Kunt, Douglas D Evanoff;George G Kaufman

• Publisher: WSPC
• Year: 2016
• ISBN:
  9789813141407
• Topic: Economics
• Subtopic: Banks & Banking
• Index: Economics

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.

Table of contents

• Cover
• Halftitle
• Series Editor
• Title
• Copyright
• Preface
• Acknowledgments
• About the Editors
• Part I Special Addresses
• Part II The Cross-Border Banking Landscape
• Part III Banking Activity Trends Following the Financial Crisis: Expansion? Retrenchment?
• Part IV Implications for Supervision and Regulation
• Part V Risk Management
• Part VI Safety Net and Resolution Issues for Large and Cross-Border Banks
• Part VII Corporate Governance Issues in the New Environment
• Part VIII Policy Discussion: Where to from Here?