The financial and economic crisis had a devastating impact on bank profits, with loss-making banks reporting global … commercial losses of around USD 400 billion in 2008. This comprehensive report sets the market context for bank losses and … to bank losses from the perspective of both banks and revenue bodies; outlines the incentives that give rise to those …

This report examines the interplay between banking competition and financial stability, taking into account the …

other shock-prone countries. This paper provides new evidence on these contentious issues, and discusses policy implications …