Why banks fail unrelenting bank runs, the conundrum of central banking & South Africa's place in the global order
Part I: Silicon valley bank -- The medicis: bankers of the renaissance -- The frequency of bank failures -- Part II: A short history of money: 1 -- John Law and the banque generale -- The fundamentals of banking -- A short history of money: 2 -- Part III: Market conduct -- Credit suisse -- The South...
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| Format: | UnknownFormat |
| Sprache: | eng |
| Veröffentlicht: |
Kenilworth, South Africa
Mercury
2023
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| Online Zugang: | Inhaltsverzeichnis |
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Tag hinzufügen | Zusammenfassung: | Part I: Silicon valley bank -- The medicis: bankers of the renaissance -- The frequency of bank failures -- Part II: A short history of money: 1 -- John Law and the banque generale -- The fundamentals of banking -- A short history of money: 2 -- Part III: Market conduct -- Credit suisse -- The South African A2 banking crisis -- The South African greylisting -- Part IV: Bad actors and the problem of hubris -- The creation of the federal reserve -- Cryptocurrencies and the proliferation of variety doomsday stress-testing -- Part V: The power of the dollar -- BRICS ambitions, de-dollarisation and South Africa's place in the global order. "In a world where banks are perceived as unshakable fortresses, there is a worrying truth that lies just beneath the surface: banks are far more fragile and fail more frequently than we choose to believe. In the US alone, more than 560 banks have failed since the turn of the century, In South Africa, the collapse of Saambou in 2002 sparked the A2 banking Crisis, which saw half the country's banks deregistered in the aftermath. In 2023, the high-profile failures of SVB, First Rebuplic Bank, Signature Bank and Credit Suisse dominated global headlines and set off waves of panic across the international banking landscape."--Publisher's description |
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| Beschreibung: | Includes bibliographical references (pages 229-231) and index |
| Beschreibung: | 239 pages 21 cm |
| ISBN: | 9781990956638 978-1-990956-63-8 1990956637 1-990956-63-7 |