Not all banking crises involve panics: study

A banking crisis is often seen as a self-fulfilling prophecy: The expectation of bank failure makes it happen. Picture people lining up to withdraw their money during the Great Depression or customers making a run on Britain's ...

Cracking the code

After the 2008 financial crisis hit, many people were startled to learn that the leaders of some investment banks knew little about the risks their firms had taken.

The delicate balance of setting central bank interest rates

As the Bank of Canada prepared to announce its decision on interest rates in early September, Tiff Macklem, the bank's governor, received imploring letters from premiers spanning both the country and the political spectrum.

Financial Crisis Reduces Economic Freedom in China and the West

(PhysOrg.com) -- The current financial crisis may reduce economic freedom as governments are likely increase intervention in a bid to protect their own economies - according to a study in Pacific Focus published by Wiley-Blackwell. ...

Bankers' bonuses not to blame, shows new research

(PhysOrg.com) -- Research from the University of Bath counters the claim that large bonuses in the banking industry are at the root of the global financial crisis.

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