Banking on Failure

Banking on Failure

Banks seem all too often involved in cases of misconduct, particularly involving the exploitation of tax systems. Banking on Failure explains why and how banks "game the system", accounting for these misconduct cases and analysing the wider implications for financial markets and tax systems. Banking on Failure: Cum-Ex and Why and How Banks Game the System explains why banks design and use structured products to exploit tax systems. It describes one of the biggest and most complex cases - the "cum-ex" scandal - in which hundreds of banks and funds from across the globe participated in the raid on the public exchequers of a number of countries, with losses in the tens of billions of euros. The book then draws on the significance of this case study, and what this tells us about modern banks and their interactions with tax systems. Banking on Failure demonstrates why the exploitation of tax systems by banks is an inevitable feature of the financial markets landscape, and suggests possible responses.


Author
Publisher Oxford University Press
Release Date
ISBN 0192603477
Pages 368 pages
Banking on Failure
Language: en
Pages: 368
Authors: Richard S Collier
Categories: Business & Economics
Type: BOOK - Published: 2020-09-01 - Publisher: Oxford University Press

Banks seem all too often involved in cases of misconduct, particularly involving the exploitation of tax systems. Banking on Failure explains why and how banks
The Western Bank Failure and the Scottish Banking System ...
Language: en
Pages: 87
Authors: Great Britain. Parliament. House of Commons. Select Committee on Bank Acts
Categories: Banks and banking
Type: BOOK - Published: 1858 - Publisher:

Why Bank Regulation Failed
Language: en
Pages: 179
Authors: Helen A. Garten
Categories: Business & Economics
Type: BOOK - Published: 1991 - Publisher: Greenwood Publishing Group

The current crisis in banking regulation is the subject of this volume, which evaluates the recent shift in regulatory strategy and looks at the techniques by w
Unlicensed Banking Practices and Failure of Latin Investment Corporation
Language: en
Pages: 114
Authors: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs. Subcommittee on General Oversight and Investigations
Categories: Bank failures
Type: BOOK - Published: 1991 - Publisher:

Penn Square Bank failure
Language: en
Pages:
Authors: United States. Congress. House. Committee on Banking, Finance, and Urban Affairs
Categories: Bank failures
Type: BOOK - Published: 1982 - Publisher:

The Failure of the Franklin National Bank
Language: en
Pages: 235
Authors: Joan Edelman Spero
Categories: Business & Economics
Type: BOOK - Published: 1999 - Publisher: Beard Books

Investigation Into Crown Savings Bank Failure
Language: en
Pages: 19
Authors: United States. Congress. House. Committee on Banking and Currency
Categories:
Type: BOOK - Published: 1966 - Publisher:

Appendix
Language: en
Pages:
Authors: United States. Congress. House. Committee on Banking, Currency, and Housing. Subcommittee on Financial Institutions Supervision, Regulation and Insurance
Categories: Bank examination
Type: BOOK - Published: 1977 - Publisher:

The Causes of Banking Failure in the Northwestern States
Language: en
Pages: 34
Authors: Curtis L. Mosher
Categories: Banks and banking
Type: BOOK - Published: 1930 - Publisher:

Federal Supervision and Failure of United American Bank (Knoxville, Tenn.)
Language: en
Pages: 647
Authors: United States. Congress. House. Committee on Government Operations. Commerce, Consumer, and Monetary Affairs Subcommittee
Categories: Bank failures
Type: BOOK - Published: 1983 - Publisher: