UK Banking After Deregulation RLE Banking Finance

Author: Andy Mullineux
Publisher: Routledge
ISBN: 1136300902
Format: PDF, ePub
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How does financial deregulation affect the operation of the banking system in the UK? What are the consequences of the development of an electronic banking system? This book addresses these and other important questions in a survey of UK change in the financial sector and in banking in particular. Attention is given to the role of building societies after the ‘big bang’ and the implications for retail banking of competition in the housing finance market. Both the long and short term implications of regulatory reform for banks are dealt with together with the role of the Bank of England and what the changes have meant in terms of international banking. Concentrating on the three main areas of change deregulation, regulatory reform and technical innovation the book is an important pointer to the shape of banking in the late 1980s and early 1990s.

Global Cities Routledge Library Editions Economic Geography

Author: Anthony D King
Publisher: Routledge
ISBN: 1317504178
Format: PDF, Kindle
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Since the late 1970s the role of key world cities such as Los Angeles, New York and London as centres of global control and co-ordination has come under increasing scrutiny. This book provides an overview and critique of work on the global context of metropolitan growth, world city formation and the theory it has generated. Suggesting ‘post-imperialism’ as the most appropriate framework for analysis, the author demonstrates the extent to which urban and regional development, both in Britain and elsewhere, were linked to a colonial mode of production, and highlights the effects of its disappearance. Against this background, the author charts the transformation of London from imperial capital in the nineteenth and early twentieth centuries to world city in the capitalist world economy of today.

New Financial Ethics

Author: Aloy Soppe
Publisher: Routledge
ISBN: 1315462559
Format: PDF, Docs
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Following the internationalisation, globalisation and deregulation of the financial market over the last few decades, the financial sector has evolved from a servicing industry into an initiating and leading sector in the international industrialised economy. The power of the financial sector, including Credit Rating Agencies, determines the creditworthiness of companies and countries. Today’s financial sector dominates instead of serving the real economy, which puts substantial pres - sure on all the agencies involved, not least the banks, to make the profits that will drive economic growth. As a result of this pressure, moral conduct in the financial sector has been put under severe strain. This book examines the experience of the recent financial crisis and argues that a firmer ethical grounding for the financial sector is required to prevent the crisis being repeated. The book offers a model for making judgements on financial markets, institutions and products. The model is built on seven major criteria which are examined in depth: Justice, Nature, Sustainability, Legality, Risk and Return, the Stakeholder model and Monism. This multidisciplinary approach integrates philosophy, economics and law to arrive at a new normative approach to financial ethics. This book is a must-read for finance students at academic levels but also for professionals in the financial sector, who can be helped by implementing the model of NFE in solving financial dilemmas.

The Western European Economy Routledge Library Editions Economic Geography

Author: Allan M. Williams
Publisher: Routledge
ISBN: 1317508955
Format: PDF, Mobi
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This book, originally published in 1987, presents a broad overview of the spatial organization of the European economy, providing a valuable synthesis of recently published material by geographers and other social scientists. A major theme is the interdependence of economic development at various scales. The three main sections look at international and European economic context; detailed changes in particular sectors; specific types if regional economic formations. Case studies are used and reference made to historical processes.

The Foundations and Future of Financial Regulation

Author: Mads Andenas
Publisher: Routledge
ISBN: 113504337X
Format: PDF, ePub, Mobi
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Financial regulation has entered into a new era, as many foundational economic theories and policies supporting the existing infrastructure have been and are being questioned following the financial crisis. Goodhart et al’s seminal monograph "Financial Regulation: Why, How and Where Now?" (Routledge:1998) took stock of the extent of financial innovation and the maturity of the financial services industry at that time, and mapped out a new regulatory roadmap. This book offers a timely exploration of the "Why, How and Where Now" of financial regulation in the aftermath of the crisis in order to map out the future trajectory of financial regulation in an age where financial stability is being emphasised as a key regulatory objective. The book is split into four sections: the objectives and regulatory landscape of financial regulation; the regulatory regime for investor protection; the regulatory regime for financial institutional safety and soundness; and macro-prudential regulation. The discussion ranges from theoretical and policy perspectives to comprehensive and critical consideration of financial regulation in the specifics. The focus of the book is on the substantive regulation of the UK and the EU, as critical examination is made of the unravelling and the future of financial regulation with comparative insights offered where relevant especially from the US. Running throughout the book is consideration of the relationship between financial regulation, financial stability and the responsibility of various actors in governance. This book offers an important contribution to continuing reflections on the role of financial regulation, market discipline and corporate responsibility in the financial sector, and upon the roles of regulatory authorities, markets and firms in ensuring the financial health and security of all in the future.

Banking Regulation of UK and US Financial Markets

Author: Dr Dalvinder Singh
Publisher: Ashgate Publishing, Ltd.
ISBN: 1409462978
Format: PDF, Docs
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Dalvinder Singh provides an interdisciplinary analysis of the legal aspects of prudential supervision. This gives the reader a broader understanding of the core processes of banking supervision. By using the UK as a case study, a comparison is made with the US to illustrate the different ways of approaching the issues. The author examines the legal as well as the theoretical, economic, political and policy issues that underpin the purpose of prudential supervision, such as corporate governance, enforcement sanctions, the role of external auditors and accountability of financial regulators. These are considered in the context of broad-policy considerations which render prudential supervision necessary, namely financial stability and depositor protection. The book will be of interest to academics, policymakers, regulators and practitioners, and equally will serve specialist undergraduate and postgraduate programmes in law, management and economics which focus on financial regulation.

Banking in Europe

Author: Rob Dixon
Publisher:
ISBN: 9780415103770
Format: PDF, ePub, Mobi
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A guide for all who are concerned with the changing economic climate in Europe.

The Changing Geography of Banking and Finance

Author: Pietro Alessandrini
Publisher: Springer Science & Business Media
ISBN: 9780387980782
Format: PDF, Docs
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The editors and contributors tackle a timely subject, and present rigorous research and analysis to demonstrate counter-intuitive results. In so doing, they reinforce the connections between organization and policy in the banking industry and its impact on entrepreneurship, through lending and credit to small and medium-sized businesses. The editors present a carefully organized manuscript that presents both literature reviews and the results of original empirical research that will be of interest to academics and professionals in finance, economics, and policy. The authorship and coverage are global. One of the authors, Michele Fratiani, has close ties to Springer, by virtue of his being a founding editor of Open Economies Review and co-editor of the book series, European and Transatlantic Studies.

The Liquidity Risk Management Guide

Author: Gudni Adalsteinsson
Publisher: John Wiley & Sons
ISBN: 111885800X
Format: PDF, ePub, Docs
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Liquidity risk is in the spotlight of both regulators and management teams across the banking industry. The European banking regulator has introduced and implemented a stronger liquidity regulatory framework and local regulators have made liquidity a top priority on their supervisory agenda. Banks have accordingly followed suit. Liquidity risk is now a topic widely discussed in boardrooms as banks strive to set up a strong and efficient liquidity risk management framework which, while maintaining sufficient resources, does not jeopardize the necessary profitability and return targets. The Liquidity Risk Management Guide: From Policy to Pitfalls is a practical guide for banks and risk professionals to proactively manage liquidity risk in a systemic way. The book sets out its own comprehensive framework, which includes all the various and critical components of liquidity risk management. The recommendations are based on experiences from the recent financial crisis, best practices and compliance with current and future regulatory requirements, with special emphasis on Basel III. Using the new ‘6 Step Framework’, the book provides step-by-step guidance for the reader to build their liquidity management framework into a new overarching structure, which brings all the different parts of liquidity risk into one approach. Special attention is given to the challenges that banks currently face when adopting and implementing the Basel III liquidity requirements and guidance is given on how the new metrics can be integrated into the existing framework, providing the most value to the banks instead of being a regulatory reporting matter.