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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Main Authors: | |
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Published: |
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Literature type: | Electronic Software eBook |
Language: | English |
Series: |
Palgrave Macmillan studies in banking and financial institutions
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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, |