article thumbnail

African Banking Roundtable: New Focus On Capital Markets

Global Finance

Africa today is the worlds youngest continent, with a growing population and several fast-growing economies, but significant challenges, including the need for regulatory reform in banking and finance. Global Finance: Last year, we discussed the departure of a number of high-profile foreign banks from Africa.

Banking 98
article thumbnail

The Credit Suisse Collapse and the Regulation of Banking

Harvard Corporate Governance

Related research from the Program on Corporate Governance includes Self-Fulfilling Credit Market Freezes by Lucian Bebchuk and Itay Goldstein. Credit Suisse, one of the world’s largest 30 banks with assets exceeding $500 billion, melted down earlier this month. ” SNB also pledged to provide CS with liquidity if necessary.

Banking 279
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Accounting for Bank Failure

Harvard Corporate Governance

Could better accounting rules have saved Silicon Valley Bank (SVB)? On the other hand, greater accounting transparency can unnecessarily cause bank depositors to panic at the first sign of trouble, threatening the stability of the banking system. The answer is a resounding maybe.

Banking 247
article thumbnail

Banking Crises in Historical Perspective

Harvard Corporate Governance

The survey paper is organized around three main lessons learned about banking crises: the importance of leverage as a precursor to crises, the large and negative real impact of crises on various sectors of the economy, and that government and central bank intervention has historically ameliorated these effects. more…)

Banking 246
article thumbnail

Know Your Customer: Informed Trading by Banks

Harvard Corporate Governance

Since the implementation of the Glass-Steagall Banking Act of 1933 concerns about combined banking operations, i.e., commercial and investment banking within the same universal bank, faded. This study aims to demystify information transmission within universal banking systems.

Banking 235
article thumbnail

World’s Safest Banks 2024: Emerging Markets Top 50

Global Finance

Global Finance ’s top 50 emerging markets honorees navigated their individual obstacles in their own unique way. The institutions in our 50 Safest Emerging Markets Banks rankings are facing a challenging operating environment from rising geopolitical tensions, potential disruptions of global trade, and commodity price volatility.

Banking 98
article thumbnail

The March 2023 Bank Interventions in Long-Run Context – Silicon Valley Bank and Beyond

Harvard Corporate Governance

In March 2023, the failure of Silicon Valley Bank (SVB) shocked global financial markets. In many ways, the SVB failure was a classic bank run, with details that appear drawn from the 19 th century rather than the 21 st. This post is based on their recent paper.

Banking 210