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Why Do Banks Fail and What to Do About It: The Role of Risk Management, Governance, Accounting, and More
3031523105 pdf,epub This book explores the causes, consequences, and potential prevention of banking crises. It begins by examining the fundamental roles of banks in the economic system, focusing on their intermediary functions like liquidity provision, payment management, asset transformation, and borrower oversight. The book then delves into the challenges facing the banking sector, including cyber threats, climate change, and geopolitical instabilities.