Books in the Palgrave Macmillan Studies in Banking and Financial Institutions series

This book presents research from leading researchers in the European banking field to explore three key areas of banking. Lastly the book explores the regulation of systemic risks posed by banks, and examines the effects of novel regulatory sets on bank conduct and profitability.

This book explores the role of the rating system in creditworthiness assessment, looking into its current status, strengths and weaknesses and possible evolution in the light of Basel 3 and the Global Economic Crisis.

This book features contributions from leading researchers into the effect of the recent financial crisis on lending in the banking sector.

This book explains how banking institutions in Portugal were able to maintain their strength and solubility while undergoing a demanding Program of Financial Assistance from the International Monetary Fund, the European Central Bank and the European Commission from May 2011 and May 2014.

Focusing on four central banks including the US Federal Reserve System, the Bank of England, the Bank of Japan and the People's Bank of China, it illustrates the similarities between the banks prior to the crisis, and their similar policy responses in the wake of the crisis.

The role of central banks as a hinge on which the financial system rests has returned to the top of the political agenda in recent years.

In the current economic scenario, the intangible assets contribute significantly to the construction of the competitive positioning of a company. The third part provides practical guidelines designed to configure desirable rating models in which the weight of intangible assets is correctly considered.

This book provides the conceptual and operational tools for understanding the mechanisms for assigning a rating to a network of companies. In it, the author explores the rating systems of corporate networks and analyses the link between rating and an enterprise network.

The Banking Union took a broad approach to resolve the structural fragmentation and distortions in the European banking system which were major obstacles to a working single market for financial services. The book focuses on the new framework for banking crisis management, starting from the foundations of banking regulation and supervision.

This book explores the formation and evolution of Scandinavian central banks. It also explores how Scandinavian central banks have conformed to the defined ideals of "central banks" over the last 100 years, clarifying the distinctions between commercial banks and central banks, and between central banks and departments of governments.

This book analyses the connections between the banking industry in Europe and the companies it finances. Chapters discuss the role of bank lending in firms' financing during the recent financial crisis, as well as issues in credit risk management.

This book provides insight into current research topics in finance and banking in the aftermath of the financial crisis. Chapters specifically discuss financial instruments such as corporate bonds, IPOs, sukuks and microfinance investment vehicles (MIVs) in light of the importance of institutional funding gaps.

Chapters also investigate topics such as bank efficiency and new bank business models from a business diversification perspective, the effects on financial exclusion and how liquidity mismatches are related with the bank business model.

Why did European policy-makers introduce the Banking Union? Which are its main features? How does it affect banks and their customers? This book tries to answer these questions, by providing a clear description of the building blocks of the banking union, and by discussing the issues that still remain unanswered.

Hong Kong SAR is now highly unusual as a large economy running a currency board system that pegs the Hong Kong Dollar to the US Dollar. This volume explores the origins and persistence of this system, presenting the viewpoint of several of the main protagonists in the operation of the currency board since 1983 as well as new research by academics.

This book provides a deep insight into the market changes and policy challenges that transition economies have undergone in the last twenty years. It not only comments on and evaluates the development of financial markets in transition economies, but also highlights the key obstacles to full integration of financial markets into the EU market.

This text comprises a selection of papers that provide state-of-the-art insights into research focusing on dimensions of bank strategy, governance and the role of credit rating agencies that were presented at the European Association of University Teachers of Banking and Finance Conference, September 2010.

Updated insight into key facts impacting on financial institutions after the financial crisis, highlighting areas of major policy and academic interest. The book includes ten chapters analysing contrasting issues such as intellectual capital, cost efficiency, bank stability, credit risk and business models for the wealth management industry.

This book provides state-of-the art analysis of banking and financial systems in the Arab world. The early chapters of the text present an overview of Arab economies linking banking and financial sector trends in the Arab world over the last twenty years.

This text explains how Islamic banking works and what it offers as an alternative model of financial intermediation. Will Islamic banks survive in highly competitive and globalized financial markets? How does the relative performance and efficiency of Islamic banks compare to conventional banks?

This book applies econometric techniques to test the relationship between efficiency and risk within the banking industry in China. The author begins by unpacking these reforms and proceeds to explain relevant theories of efficiency and bank risk before reviewing empirical literature in evaluating risk and efficiency in the banking industry.

Microfinance is a comprehensive analysis of the operational, managerial and financial aspects of microfinance. It analyzes the main products and services available in modern microfinance and explains how to manage the financial and non financial risks involved.

Increasingly the world's largest banks have more activity happening internationally. What are the effects of internationalization, and what is a successful business model for the future? This book explores the formulation, implementation and evaluation of internationalization strategies, examining those of the leading banks in eight countries.

This book presents a detailed account of Iceland's recovery from the tumultuous banking collapse that overturned its financial industry in 2008.

This book offers a comparative analysis of how post-crisis restructuring has affected the evolution and prospects of small, locally-oriented banks. that is, countries with diversified banking systems, with a strong presence of cooperative and other forms of local banks.

This book explores the challenges faced by the Japanese economy and the Japanese banking industry following the financial crisis that emerged around the turn of the last millennium.

This book focuses on several topical issues related to the operational risk management in bank: regulation, organisation and strategy.

This book examines the changing role of Deposit Guarantee Schemes (DGSs) as a financial safety net of the European Union, with specific emphasis on post-crisis reforms.