Page 4 - Bank Case Studies

Along with this introductory commentary there are six case

studies on: Barclays Bank, Wells Fargo Bank, Bank of
America, HSBC, RBS and TSB (Diagram 1)

all of which, have

been produced in

e-resource format
for student off-line

downloading to

iPad, Tablet and PC.

Diagram 1: The Banks Short Case Studies

Banking Tutorial Case Set

The credit crunch began in 2007 with a plunge in the

subprime mortgage market in the U.S. and developed into a

full-blown international banking crisis with the collapse of
the investment bank Lehman Brothers on September 15,

2008. As Bernanke (1) commented: the 2008 financial crisis

was the worst economic disaster since the Great Depression
of 1929. Excessive risk-taking by banks helped to magnify

the financial impact globally. Blame for the crisis was

squarely laid at the feet of the financial institutions, in

particular the banks, as a consequence of their risk-taking
culture. Nevertheless, the banks received massive bail-outs

to prevent a melt-down of the world financial system.