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A recent study shows how good intentions went wrong in the Spanish banking system: liberalisation led to a differential in risk taking that was related to the governance problems in the savings-bank industry. Lars Norden, Associate Professor of Finance, is interviewed on deregulation.
A recent study shows how good intentions went wrong in the Spanish banking system: liberalisation led to a differential in risk taking that was related to the governance problems in the savings-bank industry. Lars Norden, Associate Professor of Finance, is interviewed on deregulation.