search query: @indexterm SECURITIES AND EXCHANGE COMMISSION / total: 43
reference: 20 / 43
Author: | Young, H. |
Title: | Bank regulation ain't broke. ( *CONTINENTAL ILLINOIS ) |
Journal: | Harvard Business Review
1986 : SEP-OCT, VOL. 64:5, p. 106-112 |
Index terms: | BANKING FINANCIAL INSTITUTIONS FINANCIAL RISK SECURITIES AND EXCHANGE COMMISSION |
Language: | eng |
Abstract: | The banks are tended to take for granted. This is generally a good thing - as anyone will realize who was in London in spring of 1984 and watched at close hands as Continental Illinois inexorably ceased to be boring. London was the front line because that's where the wholesale Eurodollars deposit market is. Thanks to a combination of managerial ambition and Illinois law, which prevented Continental from building a branch network to collect the funds to support its fast-growing loan portfolio, the bank was heavily dependent on the market. |
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