Key Features:One of the first few books on the market to address problems and challenges in cross-border bankingProminent contributors include a current governor of the Bank of Mexico, a former US Comptroller of the Currency, the Vice-Chairman of the Basle Committee on Banking and Supervision,...

Introduction -- Regulating finance is hard to do -- Incentives run amok -- How U.S. regulators encouraged the financial crisis -- American crisis? Ain't necessarily so -- Been down this road many times before -- More of the same: post 2007-2009 financial crisis regulation -- Making the guardians...

"The intensity of recent turbulence in financial markets has surprised nearly everyone. This paper searches out the root causes of the crisis, distinguishing them from scapegoating explanations that have been used in policy circles to divert attention from the underlying breakdown of incentives....