1.

Record Nr.

UNINA9910788226803321

Autore

Xiao Yingbin

Titolo

French Banks Amid the Global Financial Crisis / / Yingbin Xiao

Pubbl/distr/stampa

Washington, D.C. : , : International Monetary Fund, , 2009

ISBN

1-4623-0733-7

1-4527-8134-6

1-4518-7348-4

9786612844089

1-282-84408-3

Descrizione fisica

22 p. : ill

Collana

IMF Working Papers

Soggetti

Banks and banking - France

Global Financial Crisis, 2008-2009

Banks and Banking

Investments: Stocks

Money and Monetary Policy

Banks

Depository Institutions

Micro Finance Institutions

Mortgages

Monetary Policy, Central Banking, and the Supply of Money and Credit: General

Pension Funds

Non-bank Financial Institutions

Financial Instruments

Institutional Investors

Banking

Monetary economics

Investment & securities

Credit default swap

Stocks

Foreign banks

Commercial banks

Banks and banking

Credit

Banks and banking, Foreign

United States



Lingua di pubblicazione

Inglese

Formato

Materiale a stampa

Livello bibliografico

Monografia

Note generali

"September 2009."

Sommario/riassunto

This paper runs the gamut of qualitative and quantitative analyses to examine the performance of French banks during 2006-2008 and the financial support measures taken by the French government. French banks were not immune but proved relatively resilient to the global financial crisis reflecting their business and supervision features. An event study of the impact of government measures on CDS, debt, and equity markets points to the reduction of credit risk and financing cost as well as the redistribution of resources. With the crisis still unfolding, uncertainties remain and challenges lie ahead, calling for continued vigilance and enhanced risk management.