Obstacles to a Global Banking System: 'Old Europe' versus 'New Europe'

The article is devoted to the development of the global banking sector in the context of the digital transformation of the economy, the introduction of platform solutions and the creation of ecosystems that provide the client with a range of financial and non-financial products and services. The author highlights the trends and directions of development of the banking sector, among which many researchers and econo-mists note the presence of facts that are directly related to the conditions of modern social and state develop-ment. A set of trends in the development of the world banking system is proposed, which is directly related to the processes of digitalization of society and the widespread dissemination of information technologies.

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Can the staff recognition ensure planned process of organizational change?

Journal of Organizational Change Management ◽

10.1108/jocm-11-2015-0206 ◽

2016 ◽

Vol 29 (5) ◽

pp. 782-792 ◽

Cited By ~ 1

Author(s):

Amira Sghari

Keyword(s):

Organizational Change ◽

Planning Process ◽

Research Question ◽

Political Process ◽

Banking System ◽

The Political ◽

Motivation To Change ◽

Content Type ◽

Employee Recognition ◽

Global Banking

Purpose Employee recognition is presented in the literature as a mean to achieve change according to a schedule already established by the management of the enterprise (planning process). Such an approach overlooks the fact that organizational change can be explained by other processes such as the political process, the interpretive process, the incremental process and the complex process. Each of these processes offers specific characteristics of change. Through this research, the author tries to answer the following question, while driving an organizational change project does employee recognition favour a change according to the planned process? The paper aims to discuss these issues. Design/methodology/approach To answer the research question, a qualitative research case study is conducted within Basic Bank, a banking leader institution on the Tunisian market. The author analysed a proposed change induced by the implementation of a Global Banking System. Findings The results show that monetary recognition helps develop employee motivation to change, thus, ensuring a planned change. However, its variability has encouraged the emergence of conflicts between the actors resulting in an increase of change according to the political process. Originality/value Found results enrich the previous work on the role of the staff recognition in the change process. Its originality lies in the study of the relationship between employee recognition and explanatory process of change in a dynamic perspective which enables having an overall view on the evolution of this relationship throughout the implementation of the change.

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Bank Capital Requirements after the Financial Crisis

The Oxford Handbook of Banking ◽

10.1093/oxfordhb/9780198824633.013.23 ◽

2019 ◽

pp. 706-735

Author(s):

Mark E. Van Der Weide ◽

Jeffrey Y. Zhang

Keyword(s):

Financial Crisis ◽

Structural Changes ◽

Banking Sector ◽

Balance Sheet ◽

Banking System ◽

Capital Requirements ◽

Bank Capital ◽

Regulatory Capital ◽

Stress Tests ◽

Global Banking

Regulators responded with an array of strategies to shore up weaknesses exposed by the 2008 financial crisis. This chapter focuses on reforms to bank capital regulation. We first discuss the ways in which the post-crisis Basel III reforms recalibrated the existing framework by improving the quality of capital, increasing the quantity of capital, and improving the calculation of risk weights. We then shift to the major structural changes in the regulatory capital framework—capital buffers on top of the minimum requirements; a leverage ratio that explicitly accounts for off-balance-sheet exposures; risk-based and leverage capital surcharges on the largest banks; bail-in debt to facilitate orderly resolution; and forward-looking stress tests. We conclude with a quantitative assessment of the evolution of capital in the global banking system and in the US banking sector.

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Assessing Systemic Risk Using Interbank Exposures in the Global Banking System

SSRN Electronic Journal ◽

10.2139/ssrn.2617969 ◽

2015 ◽

Author(s):

Masayasu Kanno

Keyword(s):

Systemic Risk ◽

Banking System ◽

Global Banking

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Effectiveness of the Global Banking System in 2010: A Data Envelopment Analysis Approach

Chinese Business Review ◽

10.17265/1537-1506/2011.11.001 ◽

2011 ◽

Vol 10 (11) ◽

Cited By ~ 3

Keyword(s):

Data Envelopment Analysis ◽

Banking System ◽

Analysis Approach ◽

Data Envelopment ◽

Global Banking

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Bank liquidity risk management: A South African survey to determine future change

Risk Governance and Control Financial Markets & Institutions ◽

10.22495/rgcv2i3art3 ◽

2012 ◽

Vol 2 (3) ◽

pp. 33-53 ◽

Cited By ~ 2

Author(s):

Stephan Claassen ◽

J.H. Van Rooyen

Keyword(s):

Risk Management ◽

Financial Crisis ◽

South African ◽

Banking System ◽

Liquidity Risk ◽

Risk Tolerance ◽

Management Tools ◽

Global Context ◽

Global Banking ◽

Global Financial System

In 2008 the global financial system and, more particularly, the world banking system suffered a financial crisis worse than any earlier crises. The financial crunch brought to light that liquidity risk management in banks poses a problem, and that the world’s financial institutions will have to change their current practices as it relates to this risk. Apart from the importance of liquidity and the risk that it may cause, the integrated nature of all risks made banks more aware of the fact that none of these risks can be managed in isolation. For various reasons, South African banks were not as exposed to the problems experienced in the global context. However, SA banks may have learned new lessons from the crisis and may plan to change the way they manage liquidity risk in particular, in the future. In order to determine how SA banks perceive liquidity management and liquidity risk, a survey of all SA banks was carried out. The majority of respondents indicated that the financial crisis reminded them of the importance of liquidity risk management in the South African banking system as well as the global banking system. The majority of banks rate all the liquidity risk management tools as extremely important and rate corporate governance, strategy, policy and risk tolerance, liquidity risk measurement and intra-day liquidity as their number one priority. Basel III is generally perceived as being effective, but 30% of respondents perceived it as neither effective nor ineffective, because South African banks already have similar measures in place.

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Conceptual provisions of management percentage risk in international practice

10.33920/vne-04-2103-04 ◽

2021 ◽

pp. 205-218

Author(s):

Valentin Yur’evich Vakhrushev ◽

Andrey Viktorovich Zakharov ◽

Mikail Bekzadaevich Khudzhatov

Keyword(s):

Russian Federation ◽

Commercial Banks ◽

Banking System ◽

Developed Countries ◽

Central Banks ◽

Interest Rate Risk ◽

Global Banking ◽

The World ◽

The Face ◽

The Russian Federation

In the face of the COVID-19 pandemic world banking system is being severely tested. The last time such shocks occurred during the global fi nancial crisis of 2008–2009. However, the crisis of the global banking system in 2020 caused by the COVID-19 pandemic is very diff erent from the global fi nancial crisis of 2008–2009. During the previous global fi nancial crisis, central banks around the world were able to cut key rates to stimulate the aff ected economy, while the current crisis is taking place in conditions of extremely low and even negative key rates. Consequently, the central banks of the economically developed countries of the world lack one of the most eff ective tools to stimulate the economy in the face of a global crisis. Since the maximum income of commercial banks is generated by the operation of high key rates, the downward trend in recent years is a serious risk to the business of commercial banks. The article analyses the dynamics of key rates in the economically developed countries of the world in comparison with China and the Russian Federation, based on the results of this document, the main trends and patterns were identified, the most dangerous risks for commercial banks are shown. Besides the article discusses the modern conceptual provisions of interest rate risk management in commercial banks of the Russian Federation. They form the basis for the development of constructive methods for assessing commercial risk and the formation of managerial decisions that ensure its prevention or reduction of negative consequences in the event of the implementation of risk events that determine it.

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Afterword

Banks, Exchanges, and Regulators ◽

10.1093/oso/9780199553730.003.0021 ◽

2020 ◽

pp. 610-628

Author(s):

Ranald C. Michie

Keyword(s):

Global Financial Crisis ◽

Supply And Demand ◽

Banking System ◽

Financial System ◽

Central Banks ◽

Global Banking ◽

The Us ◽

Direct Government ◽

The Global Financial Crisis ◽

Global Financial System

The shock to the global financial system in 2020, caused by the coronavirus, provides is a test for the measures taken since the Global Financial Crisis of 2008. The coronavirus has caused a shock to the global economic system, disrupting both supply and demand, and this demands more direct government intervention than central banks are able to provide. Whereas the 2008 crisis was one centred on the global banking system that of 2020 was an event akin to a war, natural disaster, or a political revolution. In turn that had implications for the global financial system as it contained the potential to destabilize banks by threatening the solvency of those to whom they had made loans and extended credit. To forestall such an event central banks are called upon to act as lenders of last resort, particularly the Federal Reserve, as it was the only one capable of supplying the US$s on which all banks relied when making and receiving payments, and borrowing and lending, among themselves. From the outset that response appears to have learned lessons from the mistakes of the 2008 crisis, in terms of speed, scale, and co-ordination, while the global banking system is far more resilient.

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Islamic Finance: A Review Of The Literature

International Business & Economics Research Journal (IBER) ◽

10.19030/iber.v14i5.9375 ◽

2015 ◽

Vol 14 (5) ◽

pp. 745 ◽

Cited By ~ 2

Author(s):

Jean-Yves Moisseron ◽

Bruno-Laurent Moschetto ◽

Frederic Teulon

Keyword(s):

Islamic Law ◽

Banking System ◽

World Order ◽

Islamic Finance ◽

Islamic Banks ◽

New World Order ◽

Review Of The Literature ◽

Islamic Ethics ◽

Global Banking ◽

East And Southeast Asia

In recent years, a number of Islamic banks have been created to cater to the growing demand, driven by globalization and the vast wealth of some Muslim states in the Middle East and Southeast Asia, and Islamic finance has moved from a niche position to become a mainstream component of the global banking system. Islamic banking refers to a financial system which is consistent with principles of Islamic law (or sharia) and guided by Islamic ethics. A large amount of research has been undertaken into this subject. This paper presents islamic finances role in the new world order.

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