The Impact of the Financial Crisis (2007-2009) on Financial Markets and Institutions

15,99 €*

Nach dem Kauf zum Download bereit Ein Downloadlink ist wenige Minuten nach dem Kauf im eigenen Benutzerprofil verfügbar.

ISBN/EAN: 9783668545359
Case Study from the year 2010 in the subject Economics - Economic Cycle and Growth, University of Westminster, language: English, abstract: It is widely acknowledged that the 2007 - 2009 financial crises have been one of the most ferocious of our history. The financial crisis began on August - September 2007 and the Lehman Brothers' bankruptcy just confirmed that the fantastic cycle of economic growth had finished. Moreover, since September 15, 2008 the domino effect due Lehman Brothers' collapse spread the fear among the financial markets and investors. In the UK, the Northern Rock crisis has been one of the most dramatic and clearest consequences of the recent financial collapse. As a result of that, the Bank of England had to act as a lender-of-last-resort and the British Government offered guarantee for deposits of a bank for the first time in the history. Northern Rock was previously a mutual building society converted to bank in 1997, however it remained focused on the mortgage market and became the eighth largest bank and the fifth largest mortgage lender in the UK. Since its demutualization, Northern Rock had grown through heavy reliance on borrowing with about 50% of its funding coming from securitization. In order to explain the Northern Rock crisis, it is necessary to analyze several circumstances as a whole, since it was the result of a multi- dimensional problem. This paper seeks out to do so by taking a closer look at the business model, the financial turmoil, and the attitude of regulators.
Autor: Daniel Plaza, Jaume Bosch
EAN: 9783668545359
eBook Format: PDF
Sprache: Englisch
Produktart: eBook
Veröffentlichungsdatum: 10.10.2017
Untertitel: A Case Study of Northern Rock
Kategorie:
Schlagworte: case crisis financial impact institutions markets northern rock study

0 von 0 Bewertungen

Geben Sie eine Bewertung ab!

Teilen Sie Ihre Erfahrungen mit dem Produkt mit anderen Kunden.


shop display image

Möchten Sie lieber vor Ort einkaufen?

Haben Sie weiterführende Fragen zu diesem Buch oder anderen Produkten? Oder möchten Sie einfach doch lieber in der Buchhandlung stöbern? Wir sind gern persönlich für Sie da und beraten Sie auch telefonisch.

Buchhandlung Marabu
Telegrafenstr. 44
42929 Wermelskirchen
Telefon: 02196/1414

Mo – Fr09:00 – 18:00 UhrSa09:00 – 13:30 Uhr