Banking Bad

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Publisher : HarperCollins Australia
ISBN 13 : 1460711432
Total Pages : 286 pages
Book Rating : 4.4/5 (67 download)

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Book Synopsis Banking Bad by : Adele Ferguson

Download or read book Banking Bad written by Adele Ferguson and published by HarperCollins Australia. This book was released on 2019-08-01 with total page 286 pages. Available in PDF, EPUB and Kindle. Book excerpt: Winner of the 2020 Davitt Award for True Crime/Non-fiction. Against all the odds, Australia held a royal commission into the banking and financial services industries. Its revelations rocked the nation. Even defenders of the banks were blindsided. Few people were more instrumental in bringing about the commission than journalist Adele Ferguson. Through her exposes in print and on television, she pursued the truth about funds mismanagement, fraud, lack of probity, and the hard-sell culture that took over the finance industry after deregulation in the 1980s. But it wasn't just light-touch regulators and crooked bankers growing fat on bonuses she put under the spotlight. It was also their victims - men and women who had lost everything, and had no recourse when they discovered empty accounts, egregious fees, forged documents and broken promises. Now in Banking Bad, Ferguson tells the full story of the power imbalance, toxic culture and cover-ups. She describes the long fight for justice by whistleblowers, victims and political mavericks, and she looks at the outcomes of the royal commission - the falls from grace, the damaging hubris, the scathing assessment of the regulators, and the colossal compensation bill - an estimated $10 billion. Finally, she asks whereto from here? In May 2019, the Coalition government, which resisted calls for a royal commission, was re-elected. Bank stocks surged and lending regulations were loosened. Will it all be business as usual from now on, or have our financial executives learned that their wealth cannot come at the expense of ordinary Australians? This is a book for every person with a bank account. PRAISE 'If you want a glimpse of the reality distortion that multi-millionaire bankers live in, you need to read Banking Bad.' - Scott Pape 'Ferguson's pacey writing style gives the book the air of a corporate thriller.' - Michael Rowland, ABC News Breakfast 'And for those of who anticipate that corporate Australia will lapse back into the state of complacency and misconduct revealed in the APRA CBA Report and the Hayne Royal Commission, ... should read the whole book for themselves - for no other reason than that it so clearly identifies the issues of governance and culture that seems to have escaped them for so long.' - Graeme Samuel, Professorial Fellow in the Monash Business School and former chairman of the ACCC '[Adele] recounts a colourful cast of bullies, thieves and crooks being rewarded extraordinary sums to rip off customers.' - Money Magazine

Visions of Financial Order

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Publisher : Princeton University Press
ISBN 13 : 069125544X
Total Pages : 320 pages
Book Rating : 4.6/5 (912 download)

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Book Synopsis Visions of Financial Order by : Kim Pernell

Download or read book Visions of Financial Order written by Kim Pernell and published by Princeton University Press. This book was released on 2024-08-13 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt: How differences in national financial regulatory systems emerged from divergent beliefs about economic order and prosperity The global financial crisis of the late 2000s was marked by the failure of regulators to rein in risk-taking by banks. And yet regulatory issues varied from country to country, with some national financial regulatory systems proving more effective than others. In Visions of Financial Order, Kim Pernell traces the emergence of important national differences in financial regulation in the decades leading up to the crisis. To do so, she examines the cases of the United States, Canada, and Spain—three countries that subscribed to the same transnational regulatory framework (the Basel Capital Accord) but developed different regulatory policies in areas that would directly affect bank performance during the financial crisis. In a broad historical analysis that extends from the rise of the first modern chartered banks in the 1780s through the major financial crises of the twentieth century and the Basel Capital Accord of 1988, Pernell shows how the different (and sometimes competing) principles of order embedded in each country’s regulatory and political institutions gave rise to distinctive visions of order and prosperity, which shaped subsequent financial regulatory design. Pernell argues that the different worldviews of national banking regulators reflected cultural beliefs about the ideal way to organize economic life to promote order, stability, and prosperity. Visions of Financial Order offers an innovative perspective on the persistent differences between regulatory institutions and the ways they shaped the unfolding of the 2008 global financial crisis.

Housing the North American City

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Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0773562826
Total Pages : 607 pages
Book Rating : 4.7/5 (735 download)

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Book Synopsis Housing the North American City by : Michael Doucet

Download or read book Housing the North American City written by Michael Doucet and published by McGill-Queen's Press - MQUP. This book was released on 1991-08-06 with total page 607 pages. Available in PDF, EPUB and Kindle. Book excerpt: Doucet and Weaver begin this empirical, analytical, and narrative study with an analysis of the evolution of land development as an enterprise and continue with an examination of house design and construction practices, the development of the apartment building, and an account of class and age as they relate to housing tenure. They also relate developments in Hamilton to the current state of urban historiography, using their case study to resolve discrepancies and contradictions in the literature. Among the major themes the authors deal with is a controversial exploration of what they see as a central North American urge: the desire to own a home. Other themes include the social allocation of urban space, the quality and affordability of housing, the increased interest of large corporations in the land development and financial service industries, and a comparative analysis of housing in Canada and the United States. The authors have drawn on civic and business records dating from the early nineteenth century to the latest planning data. Combining this information with their comprehensive analysis, Doucet and Weaver show that current housing problems and potential solutions are better understood when seen as part of a historical process. They provide a critical assessment of the ways in which contemporary society produces shelter and question the use of technical innovations alone to resolve housing crises.

Banking Policy and Structure (RLE Banking & Finance)

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Author :
Publisher : Routledge
ISBN 13 : 1136268782
Total Pages : 482 pages
Book Rating : 4.1/5 (362 download)

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Book Synopsis Banking Policy and Structure (RLE Banking & Finance) by : J S G Wilson

Download or read book Banking Policy and Structure (RLE Banking & Finance) written by J S G Wilson and published by Routledge. This book was released on 2012-10-12 with total page 482 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book provides a comparative analysis of the several types of banking structure and the ways in which banks undertake their business. It surveys central banking arrangements in a number of countries. Against an historical background, it describes banking systems ranging from the so-called ‘unit banking’ of the USA to the branch banking arrangements that derive from British experience, as well as many systems in between. The business of banking is analysed comparatively within the framework of a simplified bank balance sheet, special attention being given to industrial banking and to assets and liabilities management. It explores how money markets function and, within this framework, how central banks operate and attempt to implement monetary and credit policy. The book includes the results of extensive new research, part of which involved interviewing many key figures throughout the banking industry.

Catalogue

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Publisher :
ISBN 13 :
Total Pages : 658 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis Catalogue by : Canadian Federation of Mayors and Municipalities. Municipal Reference Library

Download or read book Catalogue written by Canadian Federation of Mayors and Municipalities. Municipal Reference Library and published by . This book was released on 1956 with total page 658 pages. Available in PDF, EPUB and Kindle. Book excerpt:

1964 Report of the Royal Commission on Banking and Finance

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Publisher :
ISBN 13 :
Total Pages : 450 pages
Book Rating : 4.3/5 ( download)

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Book Synopsis 1964 Report of the Royal Commission on Banking and Finance by : Canada. Royal Commission on Banking and Finance

Download or read book 1964 Report of the Royal Commission on Banking and Finance written by Canada. Royal Commission on Banking and Finance and published by . This book was released on 1965 with total page 450 pages. Available in PDF, EPUB and Kindle. Book excerpt:

New Accountability in Financial Services

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Publisher : Springer Nature
ISBN 13 : 3030887154
Total Pages : 234 pages
Book Rating : 4.0/5 (38 download)

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Book Synopsis New Accountability in Financial Services by : Joe McGrath

Download or read book New Accountability in Financial Services written by Joe McGrath and published by Springer Nature. This book was released on 2022-01-01 with total page 234 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book is a critical examination of recently introduced individual accountability regimes that apply to the financial services industry in the UK (SMCR) and Australia (BEAR and the forthcoming FAR), together with a forthcoming new individual accountability regime ( in particular, SEAR) in Ireland. It provides a framework for analysing whether these regimes will achieve behavioural change in the financial services industry. This book argues that, whilst sanctioning individuals to deter future misconduct is an important part of any successful regulatory strategy, the focus should be on ensuring that individuals in the financial services industry internalise the norms of behaviour expected under the new regimes. In this regard, the analysis in this book is informed by criminological theory, regulatory theory and behavioural science. The work also argues for a “trajectory towards professionalisation” of financial services, and banking in particular, as an important means of positively influencing industry-wide norms of behaviour, which have a key influence on firms’ and individuals’ behaviours.

How to Find Out About Banking and Investment

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Publisher : Elsevier
ISBN 13 : 1483136604
Total Pages : 313 pages
Book Rating : 4.4/5 (831 download)

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Book Synopsis How to Find Out About Banking and Investment by : Norman Burgess

Download or read book How to Find Out About Banking and Investment written by Norman Burgess and published by Elsevier. This book was released on 2016-06-06 with total page 313 pages. Available in PDF, EPUB and Kindle. Book excerpt: How to Find Out About Banking and Investment

National Union Catalog

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Publisher :
ISBN 13 :
Total Pages : 616 pages
Book Rating : 4.3/5 (91 download)

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Book Synopsis National Union Catalog by :

Download or read book National Union Catalog written by and published by . This book was released on 1978 with total page 616 pages. Available in PDF, EPUB and Kindle. Book excerpt: Includes entries for maps and atlases.

The Financial Courts

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Publisher : Cambridge University Press
ISBN 13 : 1108474799
Total Pages : 415 pages
Book Rating : 4.1/5 (84 download)

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Book Synopsis The Financial Courts by : Jo Braithwaite

Download or read book The Financial Courts written by Jo Braithwaite and published by Cambridge University Press. This book was released on 2021-01-07 with total page 415 pages. Available in PDF, EPUB and Kindle. Book excerpt: Explains the legal implications of internationalisation, standardisation and diversification in modern derivatives markets, demonstrating the key role of national courts.

Whom Fortune Favours

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Publisher : McGill-Queen's Press - MQUP
ISBN 13 : 0228000696
Total Pages : pages
Book Rating : 4.2/5 (28 download)

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Book Synopsis Whom Fortune Favours by : Laurence B. Mussio

Download or read book Whom Fortune Favours written by Laurence B. Mussio and published by McGill-Queen's Press - MQUP. This book was released on 2020-04-16 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The Bank of Montreal is not only Canada's first bank: it has also occupied a prominent place in the pantheon of Canadian nation building. Whom Fortune Favours examines the trajectory of this extraordinary organization across the span of two centuries. The historian Laurence Mussio applies an analytical lens to a financial institution whose strategies fundamentally shaped, and were shaped by, the evolution of a country and a continent. The Bank of Montreal (BMO) represents an extremely rare institution, one that has both endured and adapted to fundamental change. The depth and breadth of the Bank's history offer a unique opportunity to analyze a singular organization over ten generations. As an institution, BMO played a critical part in the destiny of its home city and in the emergence of Canada on an international scene. Crucial to the development of Canadian and North American financial systems, BMO shaped the political economy of banking. Over the last half century, the institution's response to successive economic, technological, demographic, and regulatory shifts illustrates how Canadian and North American finance has adapted to the challenges before it. At its heart, Whom Fortune Favours presents a multifaceted story about the making of contemporary finance. This epic chronicle is the result of a massive research effort incorporating thousands of never-before-released internal documents. Mussio's accessible narrative will appeal to both scholars and executives who seek to understand the origins, development, and present-day implications of one of North America's great institutions.

The Banking and Financial Structure in the Nafta Countries and Chile

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Author :
Publisher : Springer Science & Business Media
ISBN 13 : 9401153663
Total Pages : 280 pages
Book Rating : 4.4/5 (11 download)

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Book Synopsis The Banking and Financial Structure in the Nafta Countries and Chile by : George M. von Furstenberg

Download or read book The Banking and Financial Structure in the Nafta Countries and Chile written by George M. von Furstenberg and published by Springer Science & Business Media. This book was released on 2012-12-06 with total page 280 pages. Available in PDF, EPUB and Kindle. Book excerpt: Since the North American Free Trade Agreement (NAFTA) took effect at the start of 1994, production and trade in goods and services have become ever more integrated in the region. Banking and financial systems thus also must increasingly inform, adjudicate, transact, invest, insure, and intermediate all across North America. Presently, however, there is no single or up-to-date source of information on the banking and finance systems of current (Canada, the United States, and Mexico) and prospective (Chile) NAFTA countries. This volume presents the first report on the banking and financial structure of each of the three NAFTA countries and Chile.

Assembling Financialisation

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Publisher : Berghahn Books
ISBN 13 : 1805393820
Total Pages : 317 pages
Book Rating : 4.8/5 (53 download)

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Book Synopsis Assembling Financialisation by : Zannie Langford

Download or read book Assembling Financialisation written by Zannie Langford and published by Berghahn Books. This book was released on 2023-10-13 with total page 317 pages. Available in PDF, EPUB and Kindle. Book excerpt: Farmers, Indigenous organisations, government and private-sector intermediaries from remote Northern Australia often negotiate with private finance capital to gain funds for agricultural development.The concept of financialisation is used to explore the drivers and effects of agri-food restructuring in the area, while assemblage theory is applied to position local actors as potential sites of power in negotiating connections between local spaces and global finance. This book demonstrates that while financialisation is a useful signifier of patterns of global change, it is assembled by a diverse range of often contradictory work.

Report of the Royal Commission on Indian Currency and Finance

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Publisher :
ISBN 13 :
Total Pages : 960 pages
Book Rating : 4.:/5 (891 download)

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Book Synopsis Report of the Royal Commission on Indian Currency and Finance by : Royal Commission on Indian Currency and Finance (Great Britain)

Download or read book Report of the Royal Commission on Indian Currency and Finance written by Royal Commission on Indian Currency and Finance (Great Britain) and published by . This book was released on 1926 with total page 960 pages. Available in PDF, EPUB and Kindle. Book excerpt:

The Regulation of Financial Planning in Australia

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Publisher : Routledge
ISBN 13 : 0429620292
Total Pages : 325 pages
Book Rating : 4.4/5 (296 download)

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Book Synopsis The Regulation of Financial Planning in Australia by : Angelique Nadia Sweetman McInnes

Download or read book The Regulation of Financial Planning in Australia written by Angelique Nadia Sweetman McInnes and published by Routledge. This book was released on 2019-08-20 with total page 325 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book investigates the legitimacy of the current Australian Financial Services Licensee-Authorised Representative (AFSL-AR) licensing model, as specified in the Commonwealth Corporations Act 2001. The book rectifies the deficiency in scholarly attention to this matter by developing a new conceptualised framework for the financial planning discipline. It takes into account theories in agency, legislation, legitimacy and the independent individual regulatory regimes in other professions; thereafter integrating this framework with the financial planning theory to examine the legitimacy, or what was found to be the illegitimacy of licensing advisers via multiple third party conflicted commercially oriented licensees. This book makes a very useful reference to understanding financial planning licencing model in Australia.

Banking Systems in the Crisis

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Publisher : Routledge
ISBN 13 : 1136214380
Total Pages : 314 pages
Book Rating : 4.1/5 (362 download)

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Book Synopsis Banking Systems in the Crisis by : Suzanne J. Konzelmann

Download or read book Banking Systems in the Crisis written by Suzanne J. Konzelmann and published by Routledge. This book was released on 2012-11-27 with total page 314 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 2008 financial crisis has severely shaken confidence in liberal economic theory and policy. However, the sharply divergent experiences of the six Anglo-Saxon ‘liberal market economies’ (LMEs) suggest that the reality is not so simple. This book traces the evolution of liberal capitalism, from its rebirth amidst the challenges of the 1970s to its role in the genesis of the 2008 crisis – and debates the assumptions underpinning the liberal capitalist paradigm. Close examination reveals variety within liberal capitalism. Not only was there the familiar, "hands off" libertarian approach adopted by the US, UK and Ireland, but more bounded, better regulated and apparently more stable varieties of economic liberalism also emerged, through the more pragmatic approach taken by Canada, Australia and New Zealand. The evidence is compelling. Whereas the American, British and Irish financial systems were severely damaged by the crisis, those of Canada, Australia and New Zealand proved more robust. This volume explores the degree to which these divergent experiences were a result of better and more intensive supervision, differences in business or political culture, broader commitment to social norms, and the pace of liberalisation. Detailed comparative case studies reveal fundamental differences in the economic and political environments in which economic liberalisation took place, in approaches to finance and in the degree to which it was seen to be an engine for growth. The book concludes that this had a major influence on the evolving economic and financial systems, and consequently, their relative resilience when confronted with the challenges of the 2008 crisis.

Get a Second Opinion before You Sign

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Publisher : Archway Publishing
ISBN 13 : 148089415X
Total Pages : 170 pages
Book Rating : 4.4/5 (88 download)

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Book Synopsis Get a Second Opinion before You Sign by : Shane Reynolds

Download or read book Get a Second Opinion before You Sign written by Shane Reynolds and published by Archway Publishing. This book was released on 2020-09-15 with total page 170 pages. Available in PDF, EPUB and Kindle. Book excerpt: Get a Second Opinion before You Sign Australia's first book on private lending and construction finance is indispensable for those working in the commercial mortgage field-as well as borrowers looking to obtain a mortgage. Commercial Mortgage Broker Shane Reynolds covers the essential elements in the preparation of a mortgage application, the process for successfully obtaining a commercial loan, hiring professional assistance, dealing with private lenders and related legal problems. In this guide, you'll learn how to: - avoid predatory lenders looking to make a quick buck; - succeed in uncertain times, identify opportunities, and secure funding into the future; - select a broker who'll look out for your best interests; - navigate various transactions. Reynolds also explains the history of lending in Australia, the impact of the global financial crisis and Novel Coronavirus on Australian banks, and private lending products. Filled with checklists, a glossary, and insights on where to go for more information, this complete guide to non-bank lending and construction finance is a timely reminder that what glitters may not be gold-and too much debt can swallow your financial legacy.