What are the effects of payout restrictions on bank risk-shifting? To answer this question, we exploit the restriction … affect bank risk-shifting incentives. …

The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and …

detail, Darrell Duffie 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 … exposure to the dealer bank, the bank is forced to signal its strength by using up its slim stock of remaining liquid capital …

benefits and pitfalls. He explores the organizations treated as models of best practice, the networks that surround a bank and … what they see in external site visits with their bank's strategic objectives, interpreted in light of their understanding …

Main description: In 2004, Spain's Banco Santander purchased Britain's Abbey National Bank in a deal valued at fifteen … Guillén and Adrian Tschoegl tackle the question of how this once-sleepy, family-run provincial bank in a developing economy … years ago in the Spanish port city of the same name, Santander is the only large bank in the world where three successive …

Eric Davis challenges classic theories of dependency and imperialism and explains the history of the Bank Misr by …