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Implications of Bank Failures – Case Study:Daiwa Bank

Author

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  • Piciu Gabriela Cornelia

    () (Financial and Monetary Research Center „Victor Slãvescu”, Bucharest, Romania)

Abstract

The article presents a study which aims to analyze the reasons why banks have failed in the past and now the implications will be considered. Since banks are more closely interrtwined financially through lending and borrowing from each other, the failure of one bank is belived to spill the eeefct over on another bank. Therefore the banking system is more susceptible to systemic risk. The contagious effect in banking occurs faster, speads widely within the industry, results in a large number of bank failures, results in larger losses and can even spread to other countries, which might have a macroeconomic impact. In order to understand why banks have incurred heavy losses and loss of business, the example of Daiwa Bank, which had to close its US operation in 1995, and at presentis under the threat of closure of being nationalized, may be taken.

Suggested Citation

  • Piciu Gabriela Cornelia, 2015. "Implications of Bank Failures – Case Study:Daiwa Bank," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 877-880, May.
  • Handle: RePEc:ovi:oviste:v:xv:y:2015:i:1:p:877-880
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    More about this item

    Keywords

    bank failures; operational risk; risk monitoring;

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • G24 - Financial Economics - - Financial Institutions and Services - - - Investment Banking; Venture Capital; Brokerage

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