Articles liés à Institutional Credit Markets: Structure, Funding and...

Institutional Credit Markets: Structure, Funding and Regulation - Couverture rigide

Gabilondo, José

 
9781788118361: Institutional Credit Markets: Structure, Funding and Regulation
Couverture rigide
ISBN 10 : 1788118367 ISBN 13 : 9781788118361
Editeur : Edward Elgar Publishing Ltd, 2023

Synopsis

Institutional Credit Markets provides a framework for understanding the institutional funding markets that undergird the U.S. credit system. It traces the evolution of the depository bank model, its non-bank competitors, and the financial conglomerates that span credit and capital markets.



As securitization introduced structured credit products that rezoned credit markets, federal reforms let banks venture into a wider range of financial services. After the Global Financial Crisis revealed cracks in the system, lawmakers affirmed pre-crisis products and business models while adding some guardrails. The post-crisis scheme subjected large financial conglomerates to enhanced supervision while adjusting the structure of banks by making them more liquid and stable. Through its stabilization activities, the Federal Reserve has morphed from bank regulator to arbiter of financial market structure, now using a more statist approach to monetary policy that relies to a greater extent on administered interest rates rather than those set by the market forces. This book explains post-crisis regulation in terms of its capitulation to financial capitalism.



Financial law regulators and academics will benefit from this integrated account that considers banking, structured finance, capital markets, and money markets as parts of an institutional funding ecosystem. This book will also provide a more nuanced understanding of financial institutions and markets for financial law practitioners, sector analysts and journalists.

Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.

À propos de l'auteur

José Gabilondo, Professor of Law, College of Law, Florida International University, US

Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.

Éditeur
Edward Elgar Publishing Ltd
Date d'édition
2023
Langue
anglais
ISBN 10 
1788118367
ISBN 13 
9781788118361
Reliure
Relié
Nombre de pages
178
Coordonnées du fabricant
non disponible
Personne responsable
non disponible