{"product_id":"from-good-to-bad-bankers-lessons-learned-from-a-50-year-career-in-banking-hardcover","title":"From Good to Bad Bankers: Lessons Learned from a 50-Year Career in Banking - Hardcover","description":"\u003cdiv\u003e\u003cp style=\"text-align: right;\"\u003e\u003ca href=\"https:\/\/reportcopyrightinfringement.com\/\" target=\"_blank\" rel=\"nofollow\"\u003e\u003cb\u003eReport copyright infringement\u003c\/b\u003e\u003c\/a\u003e\u003c\/p\u003e\u003c\/div\u003e\u003cp\u003eby \u003cb\u003eAristóbulo de Juan\u003c\/b\u003e (Author), \u003cb\u003eDaniel Duffield\u003c\/b\u003e (Translator)\u003c\/p\u003e\u003cp\u003eComprises a segment of essays written by banking legend Aristóbulo de Juan throughout his 30+ years in the industry and presented in chronological order\u003cbr\u003e​Features an extraordinary explanation of banks and banking and of the industry's complex transformation via crisis management and the rescue and regeneration of financial institutionsProvides a critical yet orthodox vision of banking, and at the same time a guide to dos and don'ts for both bankers and regulators alike\u003c\/p\u003e\u003ch3\u003eBack Jacket\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eBankers are administrators of other people's money, and they are responsible both to their depositors and to other stakeholders. Human nature being what it is, however, they sometimes fall prey to overweening ambition, coming to see themselves as the rightful beneficiaries of the moneys entrusted to them. This can lead them to make poor lending decisions and engage in risky practices, eventually moving on to cosmetic accounting and the concealment of problems, speculation and even outright fraud.\u003c\/p\u003e\u003cp\u003eSupervisors are there to prevent such behaviour, of course. They are responsible to government and the general public alike for the stability of the financial system, the proper allocation of financial resources by the banks and the protection of depositors and creditors. Their responsibility is, then, subsidiary to that of the bankers themselves.\u003c\/p\u003e\u003cp\u003eWhere supervision is lax and ineffective, however, it encourages bad management by bankers, creating a vicious circle that eventually leads to financial crises, which has most often to be cured using tax-payers' money. Of course, it also hurts the broader economy. That is why the inseparable trio of regulation, supervision and resolution must exist.\u003c\/p\u003e\u003cp\u003eIn this collection of his writings over a period of some 50 years, Aristóbulo de Juan describes the causes, characteristics and consequences of financial crises based on his own experience as a central banker, world bank expert and consultant spanning a career of more than 55 years.\u003c\/p\u003e\u003cp\u003eIn a nutshell, the papers brought together in this book recount circumstances that have always plagued banking, and that are only too likely to recur in the future.\u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003ch3\u003eAuthor Biography\u003c\/h3\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003e\u003cb\u003eAristóbulo de Juan\u003c\/b\u003e has dedicated more than fifty years of his life to banking, thirteen of them as a senior executive in retail banking and some forty more as a front line supervisor and consultant dealing with bank reform and financial crises on four continents. After his time in the private sector, he spent nine years in the orbit of the Bank of Spain, initially as the CEO of \u003ci\u003eFondo de Garantía de Depósitos, \u003c\/i\u003ethe Spanish deposit guarantee scheme, and then as Director General of Supervision at the central bank itself. In these positions he played a key role in the treatment and resolution of the Spanish banking crisis of the 1980s and in the modernization of Spain's supervisory mechanisms. He then went on to spend three years as a Financial Advisor to the World Bank in Washington, where he dealt with financial reform and crisis management in emerging economies. In 1989 he set up his own consultancy firm specializing in problem banks and bank supervision. Inaddition to his advisory work, he has spoken at conferences and seminars in countless different forums, including the University of Oxford, Harvard, Yale and the Wharton Business School, and at the Federal Reserve, the Bank of England, the Bank of Russia, the People's Bank of China and the Reserve Bank of India. He is a member of the Advisory Board of the Spanish financial daily \u003ci\u003eExpansión\u003c\/i\u003e, and he has written numerous articles on the financial crisis of 2007. He also co-authored a book on the subject with Francisco Uría and Íñigo de Barrón, which was published in 2003 under the title \u003ci\u003eAnatomía de una crisis\u003c\/i\u003e.\u003c\/p\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eNumber of Pages:\u003c\/strong\u003e 149\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003eDimensions:\u003c\/strong\u003e 0.6 x 6.4 x 9.4 IN\u003c\/div\u003e\n            \u003cdiv\u003e\n\u003cstrong\u003ePublication Date:\u003c\/strong\u003e March 22, 2019\u003c\/div\u003e\n            ","brand":"BooksCloud","offers":[{"title":"Default Title","offer_id":53249698070835,"sku":"9783030115500","price":68.54,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0300\/5595\/6612\/files\/J48jP3CjTM9783030115500.webp?v=1776329933","url":"https:\/\/www.vysn.com\/products\/from-good-to-bad-bankers-lessons-learned-from-a-50-year-career-in-banking-hardcover","provider":"VYSN","version":"1.0","type":"link"}