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Bank Liquidity and the Global Financial Crisis : The Causes and Implications of Regulatory Reform / by Laura Chiaramonte
(Palgrave Macmillan Studies in Banking and Financial Institutions. ISSN:25233378)

Publisher	(Cham : Springer International Publishing : Imprint: Palgrave Macmillan)
Year	2018
Edition	1st ed. 2018.
Authors	*Chiaramonte, Laura author SpringerLink (Online service)

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Links to the text	Location	Volume	Call No.	Barcode No.	Status	Comments	ISBN	Printed	Restriction	Reserve
Links to the text	Library Off-campus access			OB00151960		Springer Economics and Finance eBooks (電子ブック)	9783319944005

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Material Type	E-Book
Media type	機械可読データファイル
Size	XXIII, 200 p. 10 illus : online resource
Notes	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 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 HTTP:URL=https://doi.org/10.1007/978-3-319-94400-5
Subjects	LCSH:Banks and banking LCSH:Financial crises FREE:Banking FREE:Financial Crises
Classification	LCC:HG1501-3550 DC23:332.1
ID	8000023010
ISBN	9783319944005