Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Banking law
Languages : en
Pages : 80
Book Description
Bank Powers
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Banking law
Languages : en
Pages : 80
Book Description
The Power of Inaction
Author: Cornelia WollPublisher: Cornell University Press
ISBN: 0801471141
Category : Political Science
Languages : en
Pages : 187
Book Description
Bank bailouts in the aftermath of the collapse of Lehman Brothers and the onset of the Great Recession brought into sharp relief the power that the global financial sector holds over national politics, and provoked widespread public outrage. In The Power of Inaction, Cornelia Woll details the varying relationships between financial institutions and national governments by comparing national bank rescue schemes in the United States and Europe. Woll starts with a broad overview of bank bailouts in more than twenty countries. Using extensive interviews conducted with bankers, lawmakers, and other key players, she then examines three pairs of countries where similar outcomes might be expected: the United States and United Kingdom, France and Germany, Ireland and Denmark. She finds, however, substantial variation within these pairs. In some cases the financial sector is intimately involved in the design of bailout packages; elsewhere it chooses to remain at arm’s length.Such differences are often ascribed to one of two conditions: either the state is strong and can impose terms, or the state is weak and corrupted by industry lobbying. Woll presents a third option, where the inaction of the financial sector critically shapes the design of bailout packages in favor of the industry. She demonstrates that financial institutions were most powerful in those settings where they could avoid a joint response and force national policymakers to deal with banks on a piecemeal basis. The power to remain collectively inactive, she argues, has had important consequences for bailout arrangements and ultimately affected how the public and private sectors have shared the cost burden of these massive policy decisions.
Unelected Power
Author: Paul TuckerPublisher: Princeton University Press
ISBN: 0691196303
Category : Business & Economics
Languages : en
Pages : 662
Book Description
Tucker presents guiding principles for ensuring that central bankers and other unelected policymakers remain stewards of the common good.
New Securities Powers for Bank Holding Companies
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Bank holding companies
Languages : en
Pages : 88
Book Description
Interpretations and Actions
Author: United States. Office of the Comptroller of the CurrencyPublisher:
ISBN:
Category : Advisory opinions
Languages : en
Pages : 728
Book Description
Overdrafts and Correspondent Banking Practices
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Correspondent banks
Languages : en
Pages : 740
Book Description
Resolution Frameworks for Islamic Banks
Author: Elsie Addo AwadziPublisher: International Monetary Fund
ISBN: 1513527479
Category : Business & Economics
Languages : en
Pages : 34
Book Description
Islamic banking is growing rapidly and its potential impact on global financial stability cannot be underestimated. International standards for resolving banks have evolved after the global financial crisis, culminating in the Financial Stability Board’s (“FSB”) Key Attributes of Effective Resolution Regimes for Financial Institutions. This paper examines the applicability of the Key Attributes to the resolution of Islamic banks. It concludes that a number of issues would need to be addressed, owing to Islamic banks’ unique governance structures and balance sheets. It recommends international guidance for the design of robust Shari`ah -compliant resolution frameworks for jurisdictions with Islamic banks.
Comprehensive Reform in the Financial Services Industry
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Banking law
Languages : en
Pages : 1360
Book Description
Financial Institutions Restructuring and Services Act of 1981
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category :
Languages : en
Pages : 1192
Book Description
Banking Law of New York
Author: Amasa Junius ParkerPublisher:
ISBN:
Category : Banking law
Languages : en
Pages : 496
Book Description