Formalization of Banking Supervision

1. Front Matter

   Pages i-xix

   PDF

2. Motivation and Framework

   • Eiji Hotori, Mikael Wendschlag, Thibaud Giddey

   Pages 1-21Open Access

3. The United States: The First Formalization of Banking Supervision

   • Eiji Hotori, Mikael Wendschlag, Thibaud Giddey

   Pages 23-41Open Access

4. Japan: Formalization of Banking Supervision Including a Reversal

   • Eiji Hotori, Mikael Wendschlag, Thibaud Giddey

   Pages 43-64Open Access

5. Sweden: Early Adopter of Formal Banking Supervision with Incremental Steps

   • Eiji Hotori, Mikael Wendschlag, Thibaud Giddey

   Pages 65-75Open Access

6. Germany: Financial Crises and Formalization of Banking Supervision

   • Eiji Hotori, Mikael Wendschlag, Thibaud Giddey

   Pages 77-86Open Access

7. Switzerland: Formalizing Banking Supervision in the Aftermath of a Crisis, Better Late Than Never

   • Eiji Hotori, Mikael Wendschlag, Thibaud Giddey

   Pages 87-98Open Access

8. Belgium: Formalization and Incremental Development of a Supervisor with Increasing Powers and Authority

   • Eiji Hotori, Mikael Wendschlag, Thibaud Giddey

   Pages 99-112Open Access

9. France: Credit Control and Formalization of Banking Supervision

   • Eiji Hotori, Mikael Wendschlag, Thibaud Giddey

   Pages 113-124Open Access

10. The UK: Financial Globalization and Formalization of Banking Supervision

    • Eiji Hotori, Mikael Wendschlag, Thibaud Giddey

    Pages 125-139Open Access

11. Drivers of the Formalization of Banking Supervision

    • Eiji Hotori, Mikael Wendschlag, Thibaud Giddey

    Pages 141-156Open Access

12. Back Matter

    Pages 157-161

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This open access book is the first attempt to elaborate the formalization phase of banking supervision in eight developed countries—USA, Japan, Sweden, Germany, Switzerland, Belgium, France, and UK. This innovative study in the field of banking supervision history identifies why national histories of banking supervision share similarities, but also remain different and are heavily path dependent. This book will be of great interest not only to financial/economic historians but also to general readers interested in banking supervision, i.e., students, bankers, supervisors, and international officials.

• Banking Supervision
• Financial Crises
• Incremental Development
• Financial Globalization
• Formalization of Banking Supervision
• Financial Economics
• Open Access

• Yokohama National University, Yokohama, Japan

  Eiji Hotori

• Uppsala University, Stockholm, Sweden

  Mikael Wendschlag

• University of Oxford, Oxford, UK

  Thibaud Giddey

Eiji Hotori is Professor of Japanese Economic History at the Yokohama National University. He is also Councilor of the Socio-Economic History Society in Tokyo. He received his Ph.D. in economics from the University of Tokyo. His research interests are in the domestic and comparative history of commercial banking, financial elites, and banking supervision.

Mikael Wendschlag is Researcher and Lecturer at the Department for Economic History at Uppsala University, Sweden. He received his Ph.D. in economics from Linköping University. His research concerns financial supervision, financial elites and white-collar crime in history.

Thibaud Giddey is Postdoctoral Research Associate of the Global Correspondent Banking ERC-project at the University of Oxford. He previously held visiting positions at Uppsala University, Katholieke Universiteit Leuven and City University London. He obtained his Ph.D. in arts (history) at the University of Lausanne in 2017. His research interests include the history of banking supervision, financial scandals, the development of political and financial elites, comparative public policies, and the history of white-collar crime.