Since the subprime financial crisis, international financial regulatory institutions (Basel, MIFID, Dodd-Frank), have strengthened regulatory requirements on systemically important banks. The Basel Committee on Banking Supervision, and based on the G20 recommendations, has drawn up a reform program to reconfigure the banking system, based mainly on increasing the capital requirement. The progra...

Article history: Received 15 July 2014 Received in revised form 6 May 2015 Accepted 9 May 2015 Available online 23 June 2015 In response to the catastrophic outcome of the 2008–2009 Financial Crisis we report on a qualitative study of decision maker surprise in the banking industry. Banks use a remarkably sophisticated ensemble of information technologies for supporting their management control...

The first annual meeting of Deputy Governors from the emerging markets took place at the BIS in February 1995. It had as its central focus the challenge to central banks (and supervisors) as countries moved towards a more liberal banking system in the context of wider capital account convertibility. There was at that meeting a common sense of unease about short-term capital flows, a good deal o...

This paper investigates the performance of South Africa’s commercial banking sector for the period 20052009. Financial ratios are employed to measure the profitability, liquidity and credit quality performance of five large South African based commercial banks. The study found that overall bank performance increased considerably in the first two years of the analysis. A significant change in tr...

Now is the time for global banks to strengthen their core. By implementing or converting to a new core banking platform, or upgrading to the latest version of their current system, financial institutions can create a simpler and more flexible IT environment, boost their efficiency and drive down total cost of ownership. New core banking systems also can add speed and responsiveness, and enhance...

Executive Summary No matter how you slice it, banking is a dataheavy industry. But despite the proliferation of data, effective mining of insights has remained elusive. Given the tremendous advances in analytics software and the processing power generated by cloud-based utility computing architectures, the banking industry is ripe for change. As the industry works its way out of the financial c...

This paper studies the long run effects of financial crises using new bank and town level data from around the Great Depression. We find evidence that banking markets became much more concentrated in areas that experienced a greater initial collapse in the local banking system. This con There is also evidence that financial regulation after the Great Depression, and in particular limits on bank...