The regulatory response to the financial crisis /
Goodhart, Charles A. E.
The regulatory response to the financial crisis / Charles A. E. Goodhart. - Cheltenham, UK ; Northampton, MA : Edward Elgar, 2010. - xii, 151 p. : ill. ; 23 cm.
Includes bibliographical references
This text explains that there are two main attributes that a bank needs to remain in business during a period of turmoil, liquidity to enable it to pay its debts when due, and capital, to absorb losses - both have been insufficient.
9781849801621
Financial crises
Banks and banking, Central
Financial services industry--Risk management
Banks and banking--State supervision
HB 3722 / .G66 2010
The regulatory response to the financial crisis / Charles A. E. Goodhart. - Cheltenham, UK ; Northampton, MA : Edward Elgar, 2010. - xii, 151 p. : ill. ; 23 cm.
Includes bibliographical references
This text explains that there are two main attributes that a bank needs to remain in business during a period of turmoil, liquidity to enable it to pay its debts when due, and capital, to absorb losses - both have been insufficient.
9781849801621
Financial crises
Banks and banking, Central
Financial services industry--Risk management
Banks and banking--State supervision
HB 3722 / .G66 2010