Research Handbook on Shadow Banking brings together a range of international experts to discuss shadow banking activities, the purposes they serve, the risks they pose to the financial system and implications for regulators and the regulatory perimeter. Including discussions specific to the UK, European Union, US, China and Singapore, this book offers high level and theoretical perspectives on shadow banking and regulatory risks, as well as more detailed explorations of specific markets in shadow banking.
Setting forth the building blocks of banking bailout law, this book reconstructs a regulatory framework that might better serve countries during future crisis situations. It builds upon recent, carefully selected case studies from the US, the EU, the UK, Spain and Hungary to answer the questions of what went wrong with the bank bailouts in the EU, why the US performed better in terms of crisis management, and how bailouts could be regulated and conducted more successfully in the future. Employing a comparative methodology, it examines the different bailout and bank resolution techniques and tools and identifies the pros and cons of the different legal and regulatory options and their underlying principles. In the post-2008 legal-regulatory architecture financial institution specific insolvency proceedings were further developed or implemented on both sides of the Atlantic. Ten years after the most recent financial crisis, there is sufficient empirical evidence to evaluate the outcomes of the bank bailouts in the US and the EU and to examine a number of cases under the EU’s new bank resolution regime. This book will be of interest of anyone in the field of finance, banking, central banking, monetary policy and insolvency law.
As the financial services industry becomes increasingly international, the more narrowly defined and historically protected national financial markets become less significant. Consequently, financial institutions must achieve a critical size in order to compete. Bank Mergers & Acquisitions analyses the major issues associated with the large wave of bank mergers and acquisitions in the 1990's. While the effects of these changes have been most pronounced in the commercial banking industry, they also have a profound impact on other financial institutions: insurance firms, investment banks, and institutional investors. Bank Mergers & Acquisitions is divided into three major sections: A general and theoretical background to the topic of bank mergers and acquisitions; the effect of bank mergers on efficiency and shareholders' wealth; and regulatory and legal issues associated with mergers of financial institutions. It brings together contributions from leading scholars and high-level practitioners in economics, finance and law.
The conservation of biodiversity is now big business. Whether called conservation banking, species banking, habitat banking, biodiversity banking, biodiversity offsets, compensatory mitigation or ecological footprint offsetting, the idea of financially valuing biodiversity and using the market and businesses to promote conservation is growing rapidly. This handbook is a comprehensive guide to conservation banking, explaining what it is and how it works. Written by leading ecosystem market experts, the book provides practical guidance, tools, case studies, analysis and insights into conservation banking and other market-based approaches to conservation. Coverage includes the origins of conservation banking, the pros and cons for conservation, how conservation banking works in reality, the legal, practical and financial aspects of setting up and running a conservation bank and how 'biodiversity off-sets' can be internationalized. Published with Ecosystem Marketplace
The banking of human tissues for clinical transplantation has grown exponentially in the past 10-15 years. Tissue banks have been set up throughout the world, initially on an ad hoc basis. More recently these have grown and in many countries have linked up with larger international companies. While standards for the procurement, processing and storage of the tissues have kept pace with the growth of the subject, this is not so with the legal considerations associated with the practice. There is no unified legal system which is internationally operated. Europe, USA, Asia, Latin America, China have been developing legal systems on an individual basis.This book describes the present state of the development of laws to control and make the banking and use of tissues legal and safe. It describes, for the first time, the current systems which are used throughout the world and points the way to setting up a harmonized global legal system.
Since 2008, many countries across the globe have witnessed the introduction of new recovery and resolution regimes for banks. Whereas much may have been achieved on regional levels, this has not been perfect, and many global challenges remain unsolved. The Research Handbook on Cross-Border Bank Resolution analyses the strengths and weaknesses of the current regulatory framework for cross-border bank crises with contributions from eminent experts from the US, EU, Japan and China. The topic is addressed from both economic, and legal perspectives, with a special section devoted to real-life cases.
The Handbook of Islamic Banking comprises 25 studies by leading international experts on Islamic banking and finance specially commissioned to analyse the various debates and the current state of play in the field. From its origins thirty years ago, Islamic banking has expanded rapidly to become a distinctive and fast growing segment of the international banking and capital markets. Despite this expansion, Islamic banking still remains poorly understood in many parts of the Muslim world and continues to be a mystery in much of the West. This comprehensive Handbook provides a succinct analysis of the workings of Islamic banking and finance, accessible to a wide range of readers. At the same time, it seeks to bring the current research agenda and the main issues on Islamic banking before a wider audience. Islamic banking offers, as an alternative to conventional interest-based financing methods, a wide variety of financial instruments and investment vehicles based on profit-and-loss sharing arrangements. These are all explored in detail along with other subjects such as governance and risk management, securities and investment, structured financing, accounting and regulation, economic development and globalization. M. Kabir Hassan, Mervyn Lewis and the other contributors have created an authoritative and original reference work, which will contribute to a wider understanding of Islamic banking as well as provoking further discussion and research. It will be invaluable to all scholars, researchers and policymakers with an interest in this subject.
This new edition of biographical sketches of notable blacks from Mississippi expands the edition published in 1977. A total of 166 figures are included in this new printing, all of them persons who have, by the authors' comprehensive survey, made significant contributions in bringing about the uplift of the black race.Black history makers are defined herein as those who have achieved national prominence in their fields, have made lasting contributions within the state as pioneers in fields where blacks were not previously allowed, or contributed in their own community or field, representing the lives of many blacks and serving as role models of what can be accomplished. Each of those included in the book either was born in Mississippi and spent a part of his or her childhood there or migrated to Mississippi and remained.Seventy-five history makers have been added to those in the first edition which included Hiram R. Revels, the first black U.S. Senator; Blanche K. Bruce, the first black U.S. Senator to serve a six-year term; political and civil rights leaders such as Aaron Henry, Medgar Evers, and Fannie Lou Hamer; and contributors to arts and letters such as Leontyne Price, William Grant Still, Margaret Walker Alexander, and James Earl Jones; and many others./ Among those included in this new edition of Mississippi Black History Makers are William Johnson, a free black from antebellum Natchez; Margaret Murray Washington, wife of Booker T. Washington; Bo Diddley McDaniel, a pioneer rock-and-roll musician; Walter Payton, running back for the Chicago Bears; and other notable black Mississippians.Information about many contemporary figures who appeared in the first edition has been updated, and the book has been reorganized in ten thematic sections: politics, civil rights, business, education, performing and visual arts, journalism and literature, military, science/medicine/social work, sports, and religion. Each section is introduced with an historical overview of this field in Mississippi, written by Margaret Dwight.This book is a valuable reference work for those wishing to assess the contributions of blacks to the history of Mississippi. Of particular significance is the fact that it is a collection which brings attention to lesser known figures as well as those of considerable renown.
This comprehensive examination of short selling, which is a bet on stocks declining in value, explores the ways that this strategy drives financial markets. Its focus on short selling by region, its consideration of the history and regulations of short selling, and its mixture of industry and academic perspectives clarify the uses of short selling and dispel notions of its destructive implications. With contributions from around the world, this volume sheds new light on the ways short selling uncovers market forces and can yield profitable trades. Combines academic and professional research on short selling in all major financial markets Emphasizes details about strategies, implementations, regulation, and tax advantages Chapters provide summaries for readers who want up-to-date maps of subject landscapes
Bank fraud by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs