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 …

Société Générale de Belgique was the world's first universal bank. It pioneered another innovation: investing in non …-listed equity. We use hand-collected data to show that the bank earned significant positive risk-adjusted returns from 1850 to 1934 …

Department of Economic Analysis and Research at the Central Bank of Cyprus, and an Adjunct Lecturer at the School of Economics …

and Efficient Banks Are Such a Good Idea, Why Are They So Rare? -- 2. The Game of Bank Bargains -- 3. Tools of Conquest …. Crippled by Populism -- 7. The New U.S. Bank Bargain -- 8. Leverage, Regulatory Failure, and the Subprime Crisis -- 9. Durable … Partners -- Section Three. Authoritarianism, Democratic Transitions, and the Game of Bank Bargains -- 10. Mexico -- 11. When …

institutions. The first comparative study of foreign banking in prewar China, the book surveys the impact of British overseas bank …