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Banking

See below for a selection of the latest books from Banking category. Presented with a red border are the Banking books that have been lovingly read and reviewed by the experts at Lovereading. With expert reading recommendations made by people with a passion for books and some unique features Lovereading will help you find great Banking books and those from many more genres to read that will keep you inspired and entertained. And it's all free!

The Handbook of Banking Technology

The Handbook of Banking Technology

Author: Tim Walker, Lucian Morris Format: Hardback Release Date: 11/09/2020

Competitive advantage in banking comes from effective use of technology The Handbook of Banking Technology provides a blueprint for the future of banking, with deep insight into the technologies at the heart of the industry. The rapid evolution of IT brings continual change and demand for investment yet keeping pace with these changes has become an essential part of doing business. This book describes how banks can harness the power of current and upcoming technology to add business value and gain a competitive advantage; you'll learn how banks are using technology to drive business today, and which emerging trends are likely to drive the evolution of banking over the next decade. Regulation is playing an ever increasing role in banking and the impact of regulatory change on technology and the management of it are discussed while mandatory changes put pressure on many of our high street banking brands, their ability to adapt and utilise technology will have a fundamental impact on their success in the rapidly changing marketplace. Technology costs can amount to 15 per cent or more of operational costs and bank leaders need to be able to make informed decisions about technology investments in light of the potential benefits. This book explores the depth and breadth of banking technology to help decision makers stay up to date and drive better business. * Assess your current technology against the new banking paradigms * Procure the systems needed to protect the bottom line * Implement newer technology more efficiently and effectively * Ensure compliance and drive value with appropriate technology management Technological change is driven by mass adoption of new channels, innovation from new entrants, and by banks themselves as a means of increasing revenue and reducing costs. The Handbook of Banking Technology offers a comprehensive look at the role of technology in banking, and the impact it will have in the coming years.

Crafting Consensus

Crafting Consensus

In a world dependent on the constant sharing of information, central bankers increasingly communicate their policies to the mass public. Central bank communications are drafted in monetary policy committee meetings composed of policymakers with differing interests. Despite their differences, committee members must come together, write, and agree to an official policy statement. Once released to the public, central bank communications then affect citizens' actions and ultimately, the economy. But how exactly does this work? In Crafting Consensus, Nicole Baerg explains how the transparency of central bank communication depends on the configuration of committee members' preferences. Baerg argues that monetary policy committees composed of members with differing preferences over inflation are better suited to communicating precise information with the public. These diverse committees produce central bank statements of higher quality and less uncertainty than those from more homogeneous committees. Additionally, she argues that higher quality statements more effectively shape individuals' inflation expectations and move the economy in ways that policymakers intend. Baerg demonstrates that central bankers are not impartial technocrats and that their preferences and the institutional rules where they work matter for understanding the politics of monetary policy and variations in economic performance over time. Conducting empirical analysis from historical archival data, textual analysis, machine-learning, survey experiments, and cross-sectional time-series data, Crafting Consensus offers a new theory of committee decision making and a battery of empirical tests to provide a rich understanding of modern-day central banking.

The Money Masters

The Money Masters

Author: Onno de Beaufort Wijnholds Format: Hardback Release Date: 27/07/2020

Central banks are major players in today's economic and financial policy-making. While respected for their technical acumen and their pivotal role in defusing the global financial crisis, they are at the same time mistrusted by others and considered to be too powerful. In order to contribute to a better understanding of the why, what and how of central banking, this book traces the progress of central banks from modest beginnings, including financing wars, to the powerful institutions they have become. It describes the evolution of the Bank of England to a fully-fledged central bank, the very different route taken by the Federal Reserve and, much later, by the European Central Bank. The gold standard, floating exchange rates, and the battle against inflation are covered in depth, alongside a review of modern monetary policy and central banks' role in maintaining financial stability. Throughout the book, the ups and downs of central banks' relationship vis-a-vis their governments are a recurring theme, even surmising that reigning in the independence of central banks risks inflicting serious damage to economic and financial stability. Uncovering the challenges that the money masters may face in an uncertain future, this book will be of interest to academics, researchers, and practitioners in central banking, finance, and economics at large.

The Paradise Bank

The Paradise Bank

Author: Edwin Green, Sara Kinsey Format: Paperback / softback Release Date: 30/06/2020

The Mercantile Bank of India was one of a small band of British-managed banks which dominated Anglo-Eastern finance for most of the 20th century. Founded in London in 1893, the Mercantile inherited the business, branches, staff and even the distinctive cable address - Paradise, London - of its forerunner the Chartered Mercantile Bank of India, London and China. In the early 1900s the Mercantile Bank re-established a strong and quietly successful business in the East. After the First World War the Mercantile played a prominent part in banking development in Malaya. In addition to maintaining its support for the trade of the Indian sub-continent, the bank also enjoyed success in Shanghai. Like its major rivals, the Hongkong Bank, Chartered Bank and the National Bank of India, the Mercantile Bank suffered grievously during the Second World War. In the post-war world it needed both to adapt to massive political change throughout the East and to diversify into new markets and new types of business. In 1959 the Mercantile became a subsidiary of the Hongkong Bank and this book explores the complex, high-level negotiations in London and the East which preceded the acquisition. Although the Mercantile Bank was fully absorbed in 1984 by the Hongkong Bank (now part of the HSBC Group), its history, business and personnel remained an important thread in the traditions of the enlarged group. This history deploys the extensive and colourful archives of the Mercantile Bank, together with the memoirs of former officials and their families. The book is plentifully illustrated from the photograph collections of the Mercantile Bank and former members of its staff.

TARP and Other Bank Bailouts and Bail-Ins around the World

TARP and Other Bank Bailouts and Bail-Ins around the World

Financial crises are recurring phenomena that result in the financial distress of systemically important banks, making it imperative to understand how to best respond to such crises and their consequences. Two policy responses became prominent for dealing with these distressed institutions since the last Global Financial Crisis: bailouts and bail-ins. The main questions surrounding these responses touch everyone: Are bailouts or bail-ins good for the financial system and the real economy? Is it essential to save distressed financial institutions by putting taxpayer money at risk in bailouts, or is it better to use private money in bail-ins instead? Are there better options, such as first lines of defense that help prevent such distress in the first place? Can countercyclical prudential and monetary policies lessen the likelihood and severity of the financial crises that often bring about this distress? Through careful analysis, authors Berger and Roman review and critically assess the extant theoretical and empirical research on many resolution approaches and tools. Placing special emphasis on lessons learned from one of the biggest bailouts of all time, the Troubled Asset Relief Program (TARP), while also reviewing other programs and tools, TARP and Other Bank Bailouts and Bail-Ins around the World sheds light on how best to protect the financial system on Wall Street and the real economy on Main Street.

Evolving Banking Trends in Sub-Saharan Africa

Evolving Banking Trends in Sub-Saharan Africa

Author: Mauro Mecagni, Daniela Marchettini, Rodolfo Maino Format: Paperback / softback Release Date: 30/05/2020

Banking in SSA has undergone very significant changes over the last two decades. Financial liberalization and related reforms, upgrades in institutional and more recently the expansion of cross-border banking activities and the rapid development of Pan-African banking groups are signaling greater financial integration and significant changes in the African banking and financial landscape. Nonetheless, excess liquidity in many countries reflects limited lending opportunities and, despite improvements, asset quality and provisioning remain comparatively low. Dollarization has also been a persistent characteristic in several natural resource-dependent economies. This paper discusses key stylized facts and trends of banking development in SSA, looking at a variety of dimensions such as size, depth, soundness, and efficiency. It also assess the rapid expansion of pan-African banking groups, which have overtaken the role of the European and U.S. banks that had traditionally dominated banking activities in SSA, creating significant cross-border networks and becoming the largest participants in new syndicates and large bilateral loans to finance infrastructure development.

Analyzing Banking Risk

Analyzing Banking Risk

Author: Hennie Van Greuning, Sonja Brajovic Bratanovic Format: Paperback / softback Release Date: 30/05/2020

Many models exist for analyzing risk of banks and other corporate entities. This publication aims to complement existing methodologies by establishing a comprehensive framework for the assessment of banks, not only by using financial data but also by considering corporate governance. It takes as axiomatic that each of the key players in the corporate governance process (such as shareholders, directors, executive managers, and internal and external auditors) is responsible for some component of financial and operational risk management. This fourth edition of Analyzing Banking Risk remains faithful to the objectives of the original. The additions include new capital and financial risk management aspects, such as Basel III capital adequacy aspects, as well as the new operational risk management topics such as cybercrime, money-laundering and outsourcing. The book specifies key principles and uses basic tools and techniques of financial risk analysis to demonstrate how data can be converted into information through graphic highlights of risk trends that can alert senior management and boards when action may be required. Given the recurring turmoil in the financial markets, this approach demonstrates the power of basic risk management principles in assisting the non-specialist director, executive, or analyst to integrate various risk areas and ensures that the interrelationships between different risk categories are clearly portrayed. The proposed framework also recognizes that some risks might be immaterial in less sophisticated environments. This publication emphasizes risk management principles and is useful to a wide body of readers. The target audiences are those responsible for the analysis of banks and for the senior management of organizations directing their efforts. Since the publication provides an overview of the spectrum of corporate governance and risk management principles, it is not aimed at the narrow technical specialist who focuses on only one particular risk management area. Since the first edition, the publication has been used for graduate courses in banking risk analysis, as well as in many risk analysis workshops.

Growth and Emerging Prospects of International Islamic Banking

Growth and Emerging Prospects of International Islamic Banking

Author: Abdul Rafay Format: Paperback / softback Release Date: 30/05/2020

As an ever-growing international business, Islamic banking has changed the face of economics in recent years. As more and more industries embrace Islamic principles, the industry will unquestionably influence modern economic practices and techniques across the globe. Growth and Emerging Prospects of International Islamic Banking is a collection of innovative research on the methods and applications of Islamic banking interests on a global economic scale. While highlighting topics including asset diversification, profit sharing, and financial reporting, this book is ideally designed for bankers, banking analysts, international business managers, financiers, industry professionals, economists, government officials, academicians, students, and researchers seeking current research on Islamic banking perspectives and approaches to finances.

Bank Loan Classification and Provisioning Practices in Selected Developed and Emerging Countries

Bank Loan Classification and Provisioning Practices in Selected Developed and Emerging Countries

Author: Alain Laurin Format: Paperback / softback Release Date: 24/05/2020

This report reviews loan classification and provisioning practices prevailing in the 23 jurisdictions represented in the Basel Core Principles Liaison Group at the end of 2001. It covers classification of individual and multiple loans, treatment of guarantees and collateral, bank loan review processes, restructured troubled loans, loan loss provisioning, tax treatment of loan loss provisions, disclosure standards, and external auditors' role. Differences in provisioning and classification approaches have often made a comparison of bank and banking system weaknesses across regulatory regimes difficult, and such differences have made peer pressure and market discipline less effective. Poor classification and provisioning practices have led to solvency ratios that gave a false sense of security, as occurred as financial system failed in the 1990s.

Monitoring European Deregulation 3

Monitoring European Deregulation 3

Author: Pedro Pita Barros Format: Paperback / softback Release Date: 24/05/2020

The regulation of network industries has emerged as a key issue on the European policy agenda, yet there is little high-quality research capable of informing the European policy debate. The Monitoring European Deregulation (MED) series was launched by CEPR and SNS in 1997 and features new, policy-oriented research on the liberalization of the European markets of the major network industries (previous reports have focused on telecommunications and electricity). Addressed to a wide audience of both academics and European decisionmakers in the private-sector and policy communities, at both the national and EU level, the new report --which focuses on the deregulation of the European banking system --will play an important role in influencing current thinking on these issues and contributing to the policy debate.

How do Central Banks Talk?

How do Central Banks Talk?

Author: Charles Wyplosz, Charles Goodhart, Alan S. Blinder, David Lipton Format: Paperback / softback Release Date: 24/05/2020

Much has changed over the last decade in the world of central banking. Most central banks now see low and stable inflation as their main, if not only, target and many have been granted unprecedented independence. Financial markets around the world have become considerably more integrated and, some say, prone to irrational exuberance. With more independence has come the need for more accountability and transparency. With the increased size and volatility of markets has come the need to carefully manage communication. Central bankers have delivered a high degree of price stability, but now communication is high on their list of concerns, while private bankers and the media devote ever more energy in outguessing the monetary authorities' next moves. These issues and more will be covered by this report, originally presented to a closed meeting of distinguished central and private-sector bankers, academics and representatives of major media, and revised in the light of their discussion.

Asset Prices and Central Bank Policy

Asset Prices and Central Bank Policy

Author: Stephen G. Cecchetti, Hans Genberg, Sushil B. Wadhwani, John Lipsky Format: Paperback / softback Release Date: 24/05/2020

How should central banks view movements in equity, housing and foreign exchange markets? Can policy-makers improve economic performance by paying attention to asset prices, as well as inflation and output forecasts? Is it possible to identify asset price misalignments and bubbles? Is it possible to use non-conventional policies to address asset price misalignments? Should asset prices be included directly in measures of inflation? Do asset prices contain information about future consumer price inflation? This is the second report in a series of Geneva Reports on the World Economy, organized by the Center for International Monetary and Banking Studies, Geneva, in conjunction with the Centre for Economic Policy Research.