Palgrave Macmillan
Shadow Banking: The Rise, Risks, and Rewards of Non-Bank Financial Services
Product Code:
9783319330259
ISBN13:
9783319330259
Condition:
New
$118.37
Shadow Banking: The Rise, Risks, and Rewards of Non-Bank Financial Services
$118.37
This comparative study explores how shadow banking differs from the traditional banking system. It discusses the origins, history, purposes, risks, regulatory constraints, and projected future evolution of both financial sectors of the world economy. This thorough examination of non-bank financial intermediaries follows the migration of services from traditional banks to less-regulated alternative banking products, as well as the evolution of regulations and the Financial Stability Oversight Council to monitor these new entities. Three chapters explore in depth the major financial structures newly designated as systemically important financial institutions (SIFIs), with particular attention to insurance companies such as MetLife, which seek exemption from the designation. Finally, the focus shifts to international financial institutions' efforts to protect consumers and curtail irresponsible shadow banks, with an eye toward the effects of these actions on future banking practices.
| Author: Roy J. Girasa |
| Publisher: Palgrave MacMillan |
| Publication Date: Oct 12, 2016 |
| Number of Pages: 322 pages |
| Binding: Hardback or Cased Book |
| ISBN-10: 331933025X |
| ISBN-13: 9783319330259 |
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