The former governor of the Bank of England recounts his country's experiences throughout the Great Recession while outlining a blueprint for recovery-era capitalism that is more resilient to modern boom-and-bust cycles
The Internet as we know it is great for collaboration and communication, but is deeply flawed when it comes to commerce and privacy. The new blockchain technology facilitates peer-to-peer transactions without any intermediary such as a bank or governing body. Keeping the user's …
Stephen Bell and Andrew Hindmoor compare banking systems in the U.S. and UK to those of Canada and Australia and explain why the system imploded in the former but not the latter. Canadian and Australian banks were able to make profits through traditional lending practices, unlik…
In order to accomplish a sounder banking industry, banks are challenged to adopt and pursue good governance practices. This challenge relates to decisions and activities conducted by top management and other inside stakeholders, but also increasingly to the collective pressures …
"A banker, investor, and Columbia Business School professor offers an insider's take on what happened to Goldman Sachs, informed by his own experience, interviews with others who worked at or with the firm, and previously unreleased research"--
"The finance sector of Western economies is too large and attracts too many of the smartest college graduates. Financialization over the past three decades has created a structure that lacks resilience and supports absurd volumes of trading. The finance sector devotes too little…
Money makes the world go round: but what is it really? And how is it produced? Above all, who controls its production, and in whose interests? Money is never a neutral medium of exchange. Nor are bankers simply go-betweens for savers and borrowers. In this accessible, brilliantl…
A comprehensive look at how to protect financial institutions from operational risk. The text provides answers to questions such as: Should financial institutions be concerned with operational risks?; and If so, how should they be assessed and intelligently integrated with other…
China's banking system has a central role to play in the development of the country. This book discusses the types of bank operating in China and analyzes its issues such as financial intermediation, capital and credit risk management, corporate governance. It presents the chall…
Dealer banks - that is, large banks that deal in securities and derivatives, such as J.P. Morgan and Goldman Sachs - are of a size and complexity that sharply distinguish them from typical commercial banks. When they fail, as we saw in the global financial crisis, they pose sign…
In sharp, clinical detail, Darrell Duffle walks readers step-by-step through the mechanics of large-bank failures. He identifies where the cracks first appear when a dealer bank is weakened by severe trading losses, and demonstrates how the bank's relationships with its customer…
The handbook of microfinance
Addresses the gap between clients who are benefiting from access to financial services through MFIs, and the potential market, which remains undeserved or untapped. This title covers successes and failures, main challenges and debates, methodologies for impact evaluation via ran…
This text provides a detailed overview of the regulatory environment facing the financial industry at the end of the 20th century. It provides coverage of the aftermath of this regulatory environment, and the implications of globalization and technological developments.
"We are witnessing the greatest shift of wealth from poor to rich in history. In the United States alone, the wealthiest avoid paying an astonishing $53 billion in taxes each year. Nicholas Shaxson, in league with the Tax Justice Network, dives deep into the secret world of tax …