Banks, Bankers, and Bankruptcies Under Crisis Understanding Failure and Mergers During the Great Recession

by Chorafas, Dimitris N.

• ISBN13: 9781137436986
• ISBN10: 1137436980
• Format: Hardcover
• Copyright: 2014-07-17
• Publisher: Palgrave Macmillan

Summary

Banks, Bankers, and Bankruptcies Under Crisis uses case studies of failed banks, banks that would have failed without taxpayer intervention, and in some cases banks obliged to merge under government pressure, to better understand global banking today. Using these case studies from around the world, including the United States, Britain, Germany, France, Italy and Japan, expert Dimitris N. Chorafas examines whether the Basel III new rules might have made a difference for the success of banks during the Great Recession.

Author Biography

Dimitris N. Chorafas has served on the faculty of the Catholic University of America and as Visiting Professor at Washington State University, George Washington University, University of Vermont, University of Florida, and Georgia Institute of Technology in the United States, as well as the University of Alberta, Canada; Karlsruhe Institute of Technology, Germany; École d'Études Industrielles at the University of Geneva; École Polytechnic Fédérale de Lausanne, Switzerland; the Polish Academy of Sciences; and the Russian Academy of Sciences. More than 8,000 banking, industrial, and government executives have participated in his seminars in the United States, England, Germany, Italy, other European countries, Asia, and Latin America. Chorafas is the author of 160 books, translated into several languages world-wide.

Table of Contents

1. Banks Too Big to Fail
2. Banks and Regulators
3. Banking Practices and the Evolution of Trading Rules
4. Euroland's Banking Union and Its Stress Tests
5. Lehman Brothers and Bear Stearns
6. American International Group
7. Federal National Mortgage Association and Federal Loan Mortgage Corporation
8. Citigroup
9. British Banks at the Edge
10. Euroland's Banks
11. The Challenges Japan Faced With Its Banking Industry
12. Japanese Banks Which Bled in the River of Red Ink