The Bank for International Settlements

The Bank for International Settlements

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The oldest existing international financial institution and probably the most controversial, The Bank for International Settlements remains a mystery to many people and to others, an ethical enigma. It has contributed significantly to international bank regulation and to stabilizing the international financial system, yet its operations during World War II have long been deemed suspect. Indeed, some use the word qshady.q Baker discusses the history and evolution of The BIS, evaluates its operations, and in a fair balanced treatment weighs the good it has done against the bad. He describes its work on payment/settlement systems, derivatives, bank capital, and in the insurance and investment industries, and underlines how it has changed since the days when it was accused of assisting the Nazis' war effort. A major academic study, the book will be of special interest not only to teachers, scholars, and students, but to finance and investment professionals as well.Levi, Maurice D. International Finance: The Markets and Financial Management of Multinational Business. New York: ... Saunders. Anthony. Financial Institutions Management: A Modern Perspective. Burr Ridge. IL: Irwin McGraw-Hill. 2000. Selected Bibliography 251 Saunders, Anthony, and Marcia Millon Cornett. Financialanbsp;...

Title:The Bank for International Settlements
Author:James Calvin Baker
Publisher:Greenwood Publishing Group - 2002-01-01


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