This collection of articles by economists and historians of banking examines the question of financial crises and crashes in recent years. Theories and interpretations concerning the most recent financial crisis are first presented, followed by a debate concerning the ability of financial...

In this paper, we identify several shortcomings in the systemic-risk scoring methodology currently used to identify and regulate Systemically Important Financial Institutions (SIFIs). Using newly-disclosed regulatory data for 119 US and international banks, we show that the current scoring...