Bancos y cajas

el mercado crediticio español durante la democracia

Durante los casi cuarenta años en los que España vive en democracia, pocos sectores económicos han registrado mutaciones tan profundas ?y en ocasiones, tan traumáticas- como el mercado financiero y, más específicamente, el sector crediticio. Este largo proceso no ha sido rectilíneo; todo lo contrario ...

Competition and stability in banking

the role of regulation and competition policy

Does too much competition in banking hurt society? What policies can best protect and stabilize banking without stifling it? Institutional responses to such questions have evolved over time, from interventionist regulatory control after the Great Depression to the liberalization policies that started in the United ...

Central Banks at a crossroads

what can we learn from history?

Throughout their long history, the primary concern of central banks has oscillated between price stability in normal times and financial stability in extraordinary times. In the wake of the recent global financial crisis, central banks have been given additional responsibilities to ensure financial stability, which ...

Shadow banking in China

an opportunity for financial reform

An authoritative guide to the rise of Chinese shadow banking and its systemic implications Shadow Banking in China examines this rapidly growing sector in the Chinese economy, and what it means for your investments. Written by two world-class experts in Chinese banking, including the Chief ...

Inside the banking crisis

the untold story

Since the Lehmans debacle and the bailout of Halifax/Bank of Scotland and Royal Bank of Scotland (RBS), there has been a Financial Services Authority report on the collapse of RBS but no equivalent enquiry into the drama at HBOS, and no comprehensive investigation into ...

Who needs the fed?

what Taylor Swift, Uber, and robots tell us about money, credit, and why we should abolish America's Central Bank

The Federal Reserve is one of the most disliked entities in the United States at present, right alongside the IRS. Americans despise the Fed, but they're also generally a bit confused as to why they distrust our central bank. Their animus is reasonable, though ...

Sustainable banking

managing the social and environmental impact of financial institutions

Sustainable Banking introduces business leaders and students to the many ways in which financial institutions can manage their environmental and social impact and meet the needs of the current generation without compromising the needs of future generations. Olaf Weber and Blair Feltmate go beyond the ...

banking union as a shock absorber

lessons for the Eurozone from the US

The Great Financial Crisis, which started in 2007-08, was originally called the 'sub-prime' crisis because its origins could be traced to excessive lending in the real estate sector in the US, concentrated mostly in sunbelt states like Nevada, Florida and California. There were similar pockets ...

Value web

How Fintech firms are using mobile and blockchain technologies to create the internet of value

The Internet of Things is all about machines trading with machines - your fridge orders groceries; your car, fuel; your television, entertainment; and so on. However, machines cannot trade with machines if it's expensive and slow. Would you really want your TV to order the ...

Priests of prosperity

how central bankers transformed the postcommunist world

Priests of Prosperity explores the unsung revolutionary campaign to transform postcommunist central banks from command-economy cash cows into Western-style monetary guardians. Juliet Johnson conducted more than 160 interviews in seventeen countries with central bankers, international assistance providers, policymakers, and private-sector finance professionals over the course ...

The Federal Reserve's role in the global economy

a historical perspective

The importance of international considerations in the US Federal Reserve System's deliberations has become more and more important over time as global financial crises and events create ever stronger repercussions in the US economy. This book critically evaluates the role of the Federal Reserve ...

Fed power

how finance wins

The Federal Reserve is the most powerful central bank in the world. Without its central bank, the American economy would be subject to devastating fluctuations and instability. In maintaining this stability, The Fed dictates interest rates and designs bailouts without the usual checks and balances ...

The fintech book

the financial technology handbook for investors, entrepreneurs and visionaries

A front-line industry insider's look at the financial technology explosion The FINTECH Book is your primary guide to the financial technology revolution, and the disruption, innovation and opportunity therein. Written by prominent thought leaders in the global fintech investment space, this book aggregates diverse ...

A banquet of consequences

the reality of our unusually uncertain economic future

"The current environment of zero-cost money, concentrated bank power, and anaemic productive growth has coalesced not by accident or economic cycle but by wilful choice. Das warns that without significant change, the only possible future holds dire consequences for all but an elite few. His ...

Bankers, bureaucrats, and Central Bank politics

th myth of neutrality

Most studies of the political economy of money focus on the laws protecting central banks from government interference; this book turns to the overlooked people who actually make monetary policy decisions. Using formal theory and statistical evidence from dozens of central banks across the developed ...

The future of financial regulation

who should pay for the failure of american and european banks?

A number of changes have been made to the supervision and regulation of banks as a result of the recent financial meltdown. Some are for the better, such as the Basel III rules for increasing the quality and quantity of capital in banks, but legal ...

The power and independence of the Federal Reserve

The independence of the Federal Reserve is considered a cornerstone of its identity, crucial for keeping monetary policy decisions free of electoral politics. But do we really understand what is meant by "Federal Reserve independence"? Using scores of examples from the Fed's rich history ...

La construcción europea al servicio de los mercados financieros

de la CECA al TTIP, Europa antepone el capital a las personas

La construcción europea siempre ha obedecido a los intereses de financieros y multinacionales. Pero últimamente se ha aprovechado la crisis para acelerar sus privilegios, en detrimento de la soberanía de los estados y de la democracia de los pueblos. Especialmente sangrante es que la UE ...

Bank governance structures and risk taking

The book sheds light on two closely related and highly relevant governance themes: the composition of supervisory boards and financial expertise as well as ownership structure. The author focuses on the financial expertise of supervisory boards and its impact on performance and risk. He analyses ...

Riesgo bancario, regulación y crédito a las pequeñas y medianas empresas

Este trabajo recoge los resultados del proyecto de investigación “Riesgo bancario, regulación y crédito a las pequeñas y medianas empresas”. El proyecto engloba tres líneas de investigación. En la primera, se estudia empíricamente la relación entre los incentivos a asumir riesgos generados por la remuneración ...