Financial Turbulence and its Concussions on financial performances of banks
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Title: Financial Turbulence and its Concussions on financial performances of banks

Essay Details:

Subject: Business
Author: Tesha C
Date: September 13, 2014
Level: University
Grade: B
Length: 13 / 3869

Essay text:

Through the years, and still today, banks have been the object of particular concern from many quarters in most of the world, including governments, their publics, and the economic profession (Biagio Bossone, 1999). For some reasons, they have been regarded as a special type of intermediary, one that needs differentiated treatment by the regulatory authorities and even special protective measures from competition and risk of failure. Banks have faced crises over the years due to various risks. A bank failure generates negative externalities for two reasons. It destroys specific capital and it may lead to further contagion losses in the system (Freixas et al)...

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