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Absent Management in Banking Reviews

Absent Management in Banking by Christian Dinesen

Absent Management in Banking: How Banks Fail and Cause Financial Crisis

Christian Dinesen

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1 review

Category: Non-fiction
Imprint: Springer Nature Switzerland AG
Publisher: Springer Nature Switzerland AG
Publication date: 28 Jan 2020
ISBN: 9783030358235

Offering a historical analysis of management in banking from the Medici to present day, this book explores how banks can cause devastating financial crisis when they fail.

4 stars out of 5
17 Aug 2020

"A thoughtful analysis of how and why banks have failed through history"

Dinesen concludes that a historic mistake has been made in the regulatory response to the financial crisis. He argues that, in contrast to the response after the Depression, policymakers decided broadly to regulate banks as they were, with an emphasis on capital adequacy, rather than simplify them to make them more manageable. The analysis bears thinking about, though many will find the prescription uncomfortably radical.

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