Home-Host Issues Haunt Bankers and Regulators
Charles Goodhart, the British economist, once described banks as international in life, but national in death. This is true of every institution that operates in the global market for financial services, and most particularly for the larger ones engaging in cross-border wholesale and investment banking. The home country of a bank is where it was originally instituted and, in the majority of cases, quoted on the stock exchange.
KeywordsDeposit Insurance Financial Integration Global Risk Banking Crisis Supervisory Authority
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