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Erschienen in:

2018 | OriginalPaper | Buchkapitel

1. Introduction

verfasst von : Shaofang Li

Erschienen in: Financial Institutions in the Global Financial Crisis

Verlag: Springer Singapore

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Abstract

Financial institutions are special as they provide a variety of financial services to individuals and other institutions, and the influence of financial institutions is fundamental to the development of economy. The purpose of this book is to study the role of financial institutions in the financial markets in normal times and during the global financial crisis. The global financial crisis, also known as the subprime crisis or the credit crisis, originated in the U.S. subprime mortgage market and spread to other financial markets and countries, and is considered to be the worst financial crisis since the Great Depression in 1930s. The global financial crisis led to a huge loss of economic output and financial wealth.

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Nächstes Kapitel The Use of Financial Derivatives and Risks of U.S. Bank Holding Companies

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Titel: Introduction
verfasst von: Shaofang Li
Verlag: Springer Singapore
Buch: Financial Institutions in the Global Financial Crisis
Print ISBN: 978-981-10-7439-4

Electronic ISBN: 978-981-10-7440-0

Copyright-Jahr: 2018
DOI: https://doi.org/10.1007/978-981-10-7440-0_1