International Banking In The New Era: Post-crisis Challenges And Opportunities (international Finance Review)

Annotation The latest volume of the IFR series is titled International banking in the new era: Post-crisis challenges and opportunities. The volume includes original papers that examine various issues concerning challenges and opportunities for international banks in the rapidly changing global environment. The deregulation of developed countries' financial markets over the past two decades has seen an evolution of the roles performed by banks. This reshaping of the traditional boundaries of commercial and investment banking activities has served to blur the distinction between domestic and international banking activities and to some extent contributed to the current international financial crisis. In addition, the development of banking systems in emerging markets have added to the opportunities and challenges faced by multinational banks. The current financial crisis has only served to accelerate this process of change as the roles of banks are once again being redefined with the possibility of a return to a more controlled environment. Theoretical, empirical, and policy-oriented contributions address issues that are relevant to international banking in this new and rapidly changing environment Introduction to international banking in the new era : post-crisis challenges and opportunities / Suk-Joong Kim and Michael McKenzie -- The sub-prime mortgage crises : how the market was failed and manipulated / Olasunkanmi Sholarin -- Bank fragility and the financial crisis : evidence from the U.S. dual banking system / Christian Rauch -- Asia-Pacific perspectives on the global financial crisis 2007-2009 / Jonathan A. Batten, Warren P. Hogan and Peter G. Szilagyi -- Bankers and scapegoats / Sinclair Davidson -- The lawyers and the meltdown : the role of lawyers in the current financial crisis / William Rapp -- The Global Financial Crisis : causes, effects and issues to consider in the reform of financial regulation / Folarin Akinbami -- Reforming international standards for bank capital requirements : a perspective from the developing world / Pierre-Richard Agénor and Luiz A. Pereira da Silva -- Financial fragility and securitisation : the discussions with Australian regulators and bank risk managers / Siqiwen Li -- The effects of underwriting practices on loan losses : evidence from the FDIC survey of bank lending practices / John P. OKeefe -- Banks, ABSs and CDSs : information production, risk bearing, and incentive compatibility / Thi Ngoc Tuan Bui, Thi Thong Van Nguyen, and Piet Sercu -- Distress resolution strategies in the banking sector : implications for global financial crises / Maria Carapeto, Scott Moeller, Anna Faelten, Valeriya Vitkova, Leonardo Bortolotto -- Comparison of banking efficiency in Europe : Islamic versus conventional banks / Wahida Ahmad and Robin H. Luo -- The economic determinants and behavior of foreign banks in emerging countries during a period of global economic downturn / Aneta Hryckiewicz and Oskar Kowalewski -- Does distance affect the performance of foreign banks? : evidence from multinational banking in developing countries / Ji Wu, Bang Nam Jeon and Alina C. Luca The deregulation of developed countries' financial markets, the reshaping of the traditional boundaries of commercial and investment banking activities, and the development of banking systems in emerging markets in recent times has seen an evolution of the roles performed by banks. This volume publishes original papers that examine the issues concerning challenges and opportunities for international banks in the rapidly changing global environment. It looks at financial markets and banking, examines the role of banks and lawyers in the global financial crisis, explores post-crisis financial regulation and highlights determinants of international banking. Truly international in coverage, specific articles focus on: bank fragility and the financial crisis with evidence from the U.S. dual banking system; Asia-Pacific perspectives on the financial crisis 2007-2009; bankers and scapegoats; lawyers and the meltdown; perspectives from the developing world on reforming international standards for bank capital requirements; Australian regulators and bank risk managers; the effects of underwriting practices on loan losses; and comparisons of banking efficiency in Europe. This volume examines issues concerning the challenges and opportunities for international banks in the rapidly changing global environment. It looks at financial markets and banking, examines the role of banks and lawyers in the global financial crisis, explores post-crisis financial regulation, and highlights determinants of international banking.