Bank Liquidity and the Global Financial Crisis The Causes and Implications of Regulatory Reform / by Laura Chiaramonte.

One of the lessons learned from the Global Financial Crisis of 2007–9 is that minimum capital requirements are a necessary but inadequate safeguard for the stability of an intermediary. Despite the high levels of capitalization of many banks before the crisis, they too experienced serious difficulti...

Full description

Saved in:
Bibliographic Details
Main Author: Chiaramonte, Laura (Author)
Corporate Author: SpringerLink (Online service)
Format: eBook
Language:English
Published: Cham : Springer International Publishing : Imprint: Palgrave Macmillan, 2018.
Edition:1st ed. 2018.
Series:Palgrave Macmillan Studies in Banking and Financial Institutions,
Springer eBook Collection.
Subjects:
Online Access:Click to view e-book
Holy Cross Note:Loaded electronically.
Electronic access restricted to members of the Holy Cross Community.

MARC

LEADER 00000nam a22000005i 4500
001 b3334785
003 MWH
005 20191028202008.0
007 cr nn 008mamaa
008 180709s2018 gw | s |||| 0|eng d
020 |a 9783319944005 
024 7 |a 10.1007/978-3-319-94400-5  |2 doi 
035 |a (DE-He213)978-3-319-94400-5 
050 4 |a E-Book 
072 7 |a KFFK  |2 bicssc 
072 7 |a BUS004000  |2 bisacsh 
072 7 |a KFFK  |2 thema 
100 1 |a Chiaramonte, Laura.  |e author.  |4 aut  |4 http://id.loc.gov/vocabulary/relators/aut 
245 1 0 |a Bank Liquidity and the Global Financial Crisis  |h [electronic resource] :  |b The Causes and Implications of Regulatory Reform /  |c by Laura Chiaramonte. 
250 |a 1st ed. 2018. 
264 1 |a Cham :  |b Springer International Publishing :  |b Imprint: Palgrave Macmillan,  |c 2018. 
300 |a XXIII, 200 p. 10 illus.  |b online resource. 
336 |a text  |b txt  |2 rdacontent 
337 |a computer  |b c  |2 rdamedia 
338 |a online resource  |b cr  |2 rdacarrier 
347 |a text file  |b PDF  |2 rda 
490 1 |a Palgrave Macmillan Studies in Banking and Financial Institutions,  |x 2523-336X 
490 1 |a Springer eBook Collection 
505 0 |a 1. Introduction -- 2. The Concept of Bank Liquidity and its Risk -- 3. The Bank Liquidity Issues During the Subprime Crisis -- 4. The Role of Central Banks and the Interbank Market in Managing Bank Liquidity during the Global Financial Crisis -- 5. Bank Liquidity Regulation Before the Global Financial Crisis -- 6. The New International Liquidity Regulatory Framework for Banks -- 7. The Implications of Basel III Liquidity Regulatory Reform -- 8. Conclusion. 
520 |a One of the lessons learned from the Global Financial Crisis of 2007–9 is that minimum capital requirements are a necessary but inadequate safeguard for the stability of an intermediary. Despite the high levels of capitalization of many banks before the crisis, they too experienced serious difficulties due to insufficient liquidity buffers. Thus, for the first time, after the GFC regulators realized that liquidity risk can jeopardize the orderly functioning of a bank and, in some cases, its survival. Previously, the risk did not receive the same attention by regulators at the international level as other types of risk including credit, market, and operational risks. The GFC promoted liquidity risk to a significant place in regulatory reform, introducing uniform international rules and best practices. The literature has studied the potential effects of the new liquidity rules on the behaviour of banks, the financial system, and the economy as a whole. This book provides a comprehensive understanding of the bank liquidity crisis that occurred during the GFC, of the liquidity regulatory reform introduced by the Basel Committee with the Basel III Accord, and its implications both at the micro and macroeconomic levels. 
590 |a Loaded electronically. 
590 |a Electronic access restricted to members of the Holy Cross Community. 
650 0 |a Banks and banking. 
650 0 |a Financial crises. 
690 |a Electronic resources (E-books) 
710 2 |a SpringerLink (Online service) 
773 0 |t Springer eBooks 
830 0 |a Palgrave Macmillan Studies in Banking and Financial Institutions,  |x 2523-336X 
830 0 |a Springer eBook Collection. 
856 4 0 |u https://holycross.idm.oclc.org/login?auth=cas&url=https://doi.org/10.1007/978-3-319-94400-5  |3 Click to view e-book  |t 0 
907 |a .b33347852  |b 04-18-22  |c 02-26-20 
998 |a he  |b 02-26-20  |c m  |d @   |e -  |f eng  |g gw   |h 0  |i 1 
912 |a ZDB-2-ECF 
950 |a Economics and Finance (Springer-41170) 
902 |a springer purchased ebooks 
903 |a SEB-COLL 
945 |f  - -   |g 1  |h 0  |j  - -   |k  - -   |l he   |o -  |p $0.00  |q -  |r -  |s b   |t 38  |u 0  |v 0  |w 0  |x 0  |y .i22479478  |z 02-26-20 
999 f f |i bf533517-31b9-5a19-a5cf-caaef1d1647c  |s f079ffa4-5358-58dc-a278-93c04b5d7055  |t 0 
952 f f |p Online  |a College of the Holy Cross  |b Main Campus  |c E-Resources  |d Online  |t 0  |e E-Book  |h Library of Congress classification  |i Elec File