ABSTRACT

The Routledge Companion to Banking Regulation and Reform provides a prestigious cutting edge international reference work offering students, researchers and policy makers a comprehensive guide to the paradigm shift in banking studies since the historic financial crisis in 2007.

The transformation in banking over the last two decades has not been authoritatively and critically analysed by the mainstream academic literature. This unique collection brings together a multi-disciplinary group of leading authorities in the field to analyse and investigate post-crisis regulation and reform. Representing the wide spectrum of non-mainstream economics and finance, topics range widely from financial innovation to misconduct in banking, varieties of Eurozone banking to reforming dysfunctional global banking as well as topical issues such as off-shore financial centres, Libor fixing, corporate governance and the Dodd-Frank Act.

Bringing together an authoritative range of international experts and perspectives, this invaluable body of heterodox research work provides a comprehensive compendium for researchers and academics of banking and finance as well as regulators and policy makers concerned with the global impact of financial institutions.

Introduction  Part I: Knowledges of Credit Risk and Bank Regulation  1. The Credit Crisis as a Problem in the Sociology of Knowledge (Donald Mackenzie)  2. What’s in a Name? Provident, the People’s Bank and the Regulation of Brand Identity (Liz Mcfall)  3. Reflexivity of Shadow Banking (Benjamin Wilhelm)  4. Interrogating the Crisis: Financial Instruments, Public Policy and Corporate Governance (Hugh WillmottPart II: Critical Perspectives on Financial Innovation  5. Reconceptualising Financial Innovation: Frame, Conjuncture and Bricolage (E. Engelen, I. Ertürk, A. Leaver, J. Froud and K. Williams)  6. Europe's Toxic Twins: Government Debt In Financialised Times (Daniela Gabor and Cornel Ban)  7. Variegated Geographies of Finance: International Financial Centres and the (Re)Production of Financial Working Cultures (Sarah Hall)  8. The Boundaries of Finance as Zones of Conflicts (Sabine MontagnePart III: New Approaches to Banking, Risk and Central Bank Role in the Eurozone  9. The New Behemoth?: The ECB and the Financial Supervision Reforms During the Eurozone Crisis (Clément Fontan)  10. Varieties of Capitalism and Banking in the EU (Iain Hardie)  11. The Financialisation of Local Governments: Evidence from the Italian Case (Andrea LagnaPart IV: Regulation of Misconduct in Banking  12. Libor and Euribor: From Normal Banking Practice to Manipulation to the Potential Reform (Daniel Seabra Lopes)  13. Hedge Funds: Past and Present (Photis Lysandrou)  14. Offshore Financial Centres and Tax Evasion in Banking (Silke Ötsch and Michaela SchmidtPart V: Limits of Post-Crisis Bank Regulation  15. Post-Crisis Bank Regulation and Financialised Bank Business Models (Ian Crowther and Ismail Ertürk)  16. Financial Market Regulation: Still a Regime Removed From Politics (Nicholas Dorn)  17. Prudential Regulation in the Age of Internal Models (José Gabilondo)  18. Defences Against Systemic Risk: A Greater Role and Responsibility for Bank Lawyers?: Judgement Based Bank Supervision (Joanna Gray and Peter Metzing)  19. Shattering Glass-Steagall: The Power of Financial Industries to Overcome Restraints (Paul M. Hirsch, Jo-Ellen Pozner and Mary Katherine StimmlerPart VI: Dysfunctional Global Finance and Banking Reform  20. How Finance Globalized: A Tail of Two Cities (Gary A. Dymski and A. Kaltenbrunner)  21. How the American Financial Meltdown of 2008 Caused the Global Financial Crisis (Neil Fligstein and Jacob Habinek)  22. Reforming the Culture of Banking (Grahame Thompson)  23. Consumer Finance and the Social Dimension of Banks in a Global Economy (Toni Williams)