This book examines the role of financial institutions in the financial markets during normal
times as well as during the global financial crisis. Chapter 1 offers a brief introduction to
the research topics in the book while Chapter 2 discusses the impact of financial derivatives
on risk exposures of BHCs. Chapter 3 then investigates whether and how different types of bank
capital affect bank lending and whether this relation changes in times of the global financial
crisis. Chapter 4 adds to the scant information on competitive landscape in the clearing and
settlement industry. Lastly Chapter 5 provides a summary and discussion of the findings and
presented.
