 Safeguarding the banking system in an environment of financial cycles: an overviewRichard E. Randall New England Economic Review, 1994, issue Mar, 3-14 Abstract: Various proposals to enhance the safety and soundness of the banking system have been debated in recent years. But the debate has generally focused on limiting losses to the deposit insurance funds in order to protect taxpayers, rather than on the broader implications for the banking system and its role in financial markets and the economy. Furthermore, proposals have generally not been considered in the context of financial cycles, where changing economic circumstances may reveal risk exposures and the potential for widespread losses in important segments of the banking industry. ; In the fall of 1993, the Federal Reserve Bank of Boston sponsored a symposium to consider various proposals to safeguard the banking system in the context of finandal cycles. These proposals included one for timely super~dsory intervention against excessive risk concentrations in banks, one for obtah~ng market discipline from acquirers of subordinated debt, another calling for coinsurance of deposits, and another for functional reorganization of banks to expose all but transaction accounts to market discipline. This article offers an overview of the papers that were presented and the discussion among the participants. Keywords: Bank; supervision (search for similar items in EconPapers) Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:fip:fedbne:y:1994:i:mar:p:3-14 Ordering information: This journal article can be ordered from Access Statistics for this article More articles in New England Economic Review from Federal Reserve Bank of Boston Contact information at EDIRC. |
Is your work missing from RePEc? Here is how to contribute.
Questions or problems? Check the EconPapers FAQ or send mail to .
EconPapers is hosted by the
School of Business at Örebro University.