Why Do Banks Fail and What to Do About It by Nordine Abidi, B... - 9783031523137

Why Do Banks Fail and What to Do About ItThe Role of Risk Management, Governance, Accounting, and More\nAuthor(s): Nordine Abidi, Bruno Buchetti, Samuele Crosetti, Ixart Miquel-Flores\nFormat: Paperback\nPublisher: Springer International Publishing AG, Switzerland\nImprint: Springer International Publishing AG\nISBN-13: 9783031523137, 978-3031523137\nSynopsis\nBanks play a crucial role in the global economy, yet they are vulnerable to failures that can have catastrophic effects. Key questions arise: What causes bank failures? What drives these failures? Can we avoid a banking crisis? What happens when a bank fails?\n\nThis book explores the causes, consequences, and potential prevention of banking crises. It begins by examining the fundamental roles of banks in the economic system, focusing on their intermediary functions like liquidity provision, payment management, asset transformation, and borrower oversight. The book then delves into the challenges facing the banking sector, incl.