Government as credit insurer of last resort

Author(s):

Alistair Milne

Topic:
Finance

Dr Alistair Milne, a reader in banking at the Cass Business School, published The Fall of the House of Credit with Cambridge University Press . Steve Thomas, Professor of Finance, caught up with him to talk about the convictions behind the work. Both are Cass Experts. Included is the transcript and a summary of the key points.

Updated: 28/09/2011
Comments:
Views: 9,051

The regulatory response to the financial crisis

In his keynote speech at the The Transmission of Credit Risk and Bank Stability Conference at Cass Business School, Charles Goodhart, Emeritus Professor London School of Economics, gave a detailed appraisal of the United Kingdom\'s financial system.

Updated: 02/11/2011
Comments:
Views: 6,954

Supply chain risk and the City

Author(s):

ManMohan Sodhi

 et al.
Industry:
Banking

Supply chain risk is an interesting area of contemporary research that feeds directly into the debate surrounding the collapse of banking systems worldwide. It is a field that particularly intrigues ManMohan Sodhi, Professor of Operations Management at Cass. Professor ManMohan Sodhi is interviewed by Dr Wayne Holland. Both are Cass Experts. Included is the transcript and a summary of the key points.

Updated: 14/11/2012
Comments:
Views: 12,713

Lender of last resort

Author(s):

Geoffrey Wood

Topic:
Finance
Industry:
Banking

Geoffrey Wood, Professor of Economics at Cass Business School, has written very widely on the subject of lender of last resort and its role in the ubiquitous global financial crisis. This is a video Q and A with Geoffrey Wood conducted by Alistair Milne. Both are Cass Experts. Included is the transcript and a summary of the key points.

Updated: 26/09/2011
Comments:
Views: 18,305

Legal regime, size, and liquidity factors in asset pricing

Author(s):

Kate Phylaktis

Topic:
Finance

Emerging Markets Research Group, Cass Business School This study contrasts the ability of three liquidity constructs, the price-impact measure of Amihud (2002), the volume based turnover ratio, and the recently developed trading speed measure of Liu (2006) in explaining total trading costs for four large African emerging markets, Egypt, Morocco, Kenya and South Africa, as well as London and Paris.

Updated: 22/09/2011
Comments:
Views: 4,252

The merger of a German Bank (G Bank) and an American Bank (A Bank): an assessment of cultural fit

Author(s):

Wayne Holland

 et al.

The case study describes and explains the successful integration strategy designed and implemented by a German bank's top executives when an American Bank was acquired in 1999.

Updated: 02/11/2011
Comments:
Views: 5,107

How to fix the banking system

Author(s):

Igor Filatotchev

Four of Cass Business School's senior academics agreed in a December 2, 2008 debate entitled "How to fix the banking system" that addressing the irresponsibility of British banks will be extremely difficult.

Updated: 22/09/2011
Comments:
Views: 7,875

Accounting valuation and the credit crisis

Alistair Milne and Perry Mehrling, together with Laurence Kotlikoff of Boston University, propose using government credit insurance guarantees to combat the credit crisis. Their idea is to use these guarantees to put a floor under the prices of the better quality tranches of structured credit securities, hence restoring liquidity to credit markets and arresting the global credit contraction.

Updated: 21/10/2011
Comments:
Views: 15,014