Financial competition, risk and accountability

- Central Banking staff
- 21 Mar 2001

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BOOK - A new book has just been published by Palgrave "Financial Competition, Risk and Accountability: British and German Experiences" edited by Frowen and McHugh. Recent decades have seen a sharp increase in financial competition and excessive risk-taking by financial institutions, which has been exacerbated by complexities of derivative and other new markets. This book analyses these developments with the emphasis on the need for greater responsibility and a more ethical approach to financial

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