Basel III, the devil and global banking

The banking industry extensively lobbied against Basel III and governments have been keen to delay its full implementation. Chorafas' latest book takes a well-rounded approach on Basel III's strengths and weaknesses and explains how, without deep restructuring of the global banking industr...

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Bibliographic Details
Main Authors: Chorafas, Dimitris N
Published:
Literature type: Electronic Software eBook
Language: English
Series: Palgrave Macmillan studies in banking and financial institutions
Subjects:
Online Access: http://www.palgraveconnect.com/doifinder/10.1057/9780230358423
Summary: The banking industry extensively lobbied against Basel III and governments have been keen to delay its full implementation. Chorafas' latest book takes a well-rounded approach on Basel III's strengths and weaknesses and explains how, without deep restructuring of the global banking industry, (like Basel II) Basel III will fail.
Item Description: Electronic book text.
Epublication based on: 9780230353770, 2011.
Carrier Form: 304 p. : 12 figures, 0 2.
ISBN: 9780230353770
9780230358423 :
023035842X :
CLC: F831
Contents: PART I: THE PERPETUAL MOTION OF GLOBAL FINANCE Finance and Banking are Time and Motion Machines Global Banking and Systemic Risk Basel III is a Grand Compromise, Not a Bold Initiative PART II: BASEL III AND THE NOTION OF GLOBAL RISK Is it Possible to Regulate Financial Markets in Perpetual Change? Capital Adequacy and Liquidity. The Devil is in the Detail Home-Host Issues Haunt Bankers and Regulators PART III: RISK MANAGEMENT NEEDS A NEW CULTURE The Concept of Risk Management Must be Thoroughly Revamped Correlation Risk Overwhelms the Global Banking Industry Risk Control Requires Authority,