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Holding Bankers to Account: A Decade of Market Manipulation, Regulatory Failures and Regulatory Reforms

by Oonagh McDonald Cbe
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Current price ₹3,729.00
Original price ₹4,504.00
Original price ₹4,504.00
Original price ₹4,504.00
(-17%)
₹3,729.00
Current price ₹3,729.00

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Book cover type: Hardcover
  • ISBN13: 9781526119438
  • Binding: Hardcover
  • Subject: N/A
  • Publisher: Manchester University Press
  • Publisher Imprint: Manchester University Press
  • Publication Date:
  • Pages: 280
  • Original Price: USD 45.95
  • Language: English
  • Edition: N/A
  • Item Weight: 522 grams
  • BISAC Subject(s): Banks & Banking and Industries / Financial Services

This book provides a compelling account of the rigging of benchmarks during and after the financial crisis of 2007-08. Written in clear language accessible to the non-specialist, it provides the historical context necessary for understanding the benchmarks - LIBOR, FOREX and the Gold and Silver Fixes - and shows how and why they have to be reformed in the face of rapid technological changes in markets. Though banks have been fined and a few traders have been jailed, justice will not be done until senior bankers are made responsible for their actions. Provocative and rigorously argued, this book makes concrete recommendations for improving the security of the financial services industry and holding bankers to account.

McDonald, Oonagh: - Oonagh McDonald is an international financial regulatory expert. She was a member of the UK parliament for Thurrock in Essex (1976-87) and a member of the front-bench Treasury team from 1983-87. She is the author of several books, including Fannie Mae and Freddie Mac: Turning the American Dream into a Nightmare (2012). She was awarded the CBE in 1998, for services to financial regulation and business

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