Everything Bankers have Learned from the Financial Crisis: Collected wisdoms since the Financial Apocalypse

Fiercely frank and brilliantly insightful, 'Everything Bankers Learned from The Financial Crisis' amasses learning's from banking professionals across the globe to bring readers the most extensive source of collective financial wisdom ever accumulated. Global financial markets became dislodged in the summer of 2007, when a number of global financial institutions suspended redemptions in investment vehicles linked to US mortgage debt and derivatives. This was to signal the start of a financial meltdown that would send shockwaves across the globe and cause an estimated financial loss of over $15 trillion... and counting. From mortgage-backed securities and credit default swaps to housing market bubbles and regulatory failures, this book documents and analyses the concentrated knowledge acquired by bankers from the worst financial meltdown to-date. Chapters cover learnings such as: • How to avoid systemic derivatives risk and over-leveraging pitfalls • How to self-regulate and manage miss-selling • How to manage product complexity and 'black swan' scenarios • How to manage term deposits, 'cash isn't trash' • How to learn from and avoid past mistakes You got it! This book has 160 empty pages. As history has taught us, the financial markets rarely learn from past mistakes. The pages serve as a solid reminder of this truth, and as such makes for an excellent and amusing gift for any banking professional.