Overview

This study examines the failure of the Franklin National Bank and the international banking crisis of 1974-1975. It discusses the changes in banking regulation and practice which contributed to Franklin's problems and explores how regulators in the U.S. and abroad coped with the threat to the safety and soundness of the international banking system. The study explains how the failure of the Franklin National Bank and the Herstatt Bank forced bank regulators and policy makers to address the new international nature of banking and to work together to address the dramatic changes in international financial markets. Such international cooperation to manage bank crises and to set common standards will help to prevent financial crises in the future. The book also addresses an interesting undercurrent in the Franklin Bank: the involvement of the mysterious Italian financier Michele Sindona.

Full Product Details

Author:   Joan Edelman Spero
Publisher:   Beard Books
Imprint:   Beard Books
Dimensions:   Width: 15.20cm , Height: 1.40cm , Length: 22.90cm
Weight:   0.370kg
ISBN:  

9781893122345

ISBN 10:   1893122344
Pages:   248
Publication Date:   01 October 1999
Audience:   College/higher education ,  Professional and scholarly ,  Undergraduate ,  Postgraduate, Research & Scholarly
Format:   Paperback
Publisher's Status:   Active
Availability:   In Print  
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