Strategic Planning by International Banks to Cope with Uncertainty
Jack M. Guttentag,
Richard J. Herring,
Dietmar K. R. Klein,
Lionel D. D. Price and
Rainer S. Masera
Additional contact information
Jack M. Guttentag: Wharton School of the University of Pennsylvania
Richard J. Herring: Wharton School of the University of Pennsylvania
Lionel D. D. Price: Bank of England
Rainer S. Masera: Research Department of the Bank of Italy
Chapter 1 in Strategic Planning in International Banking, 1986, pp 7-54 from Palgrave Macmillan
Abstract:
Abstract This paper is a preliminary effort to develop principles and methods that will allow international banks to deal with uncertainty regarding major shocks. When a bank fails, or suffers enormous losses, it is often because it paid insufficient prior attention to a hazard that it might have avoided or mitigated. We believe the strategic planning function should include responsibility for anticipating and developing defensive strategies against such hazards. In this paper we consider how this can be done.
Keywords: Interest Rate; Central Bank; Strategic Planning; Country Risk; Individual Bank (search for similar items in EconPapers)
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-07117-3_2
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DOI: 10.1007/978-1-349-07117-3_2
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