The rise and fall of consortium banks-by R Roberts

Consortium banks, which flourished in the early "unregulated" years of the Euromarkets, have all but disappeared. In The Financial Regulator journal Richard Roberts explains how concern about their stability prompted the BIS to develop the principle of "parental responsibility" and the Basel Concordat of 1975 - and how the banks became casualties of regulation.

As the banking world considers theimplementation of the new Baselcapital accord, it is well to rememberthe unintended, but potentially

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.