Third Asia Pacific Conference on Global Business, Economics, Finance and Banking

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Third Asia Pacific Conference on Global Business, Economics, Finance and Banking

Website: http://www.globalbizresearch.org/Singapore_Conference2015/

Place

Singapore, Singapore

Conference Date

Jul 17 - Jul 19, 2015

Submission Deadline

May 15, 2015

Venue

Village Hotel Albert Court

Subjects: Economics and Finance

Sponsorship: SDMIMD, Mysore, Karnataka State, India, the Global Business Research Journals (GBRJ)

Indexing: 

Short Description

Global financial meltdown (2008) has taught many hard lessons. The failure of Lehman Bros.,(September 2008) triggered a series of events which includes collapse  of many banking and financial institutions resulting in their bailout by the national governments. Global stock markets fell dramatically and housing sector suffered heavily triggering drop in prices. Business failures resulted in decline in manufacturing activities and shareholder wealth, job losses, default on loans and house foreclosures. 
Economists argue that global economic crisis has shattered the global banking and financial system owing to multiple causes; the most significant among them include lack of understanding of risk management practices, excessive risk-appetite, growth of housing bubble, inadequate policies, procedures & control mechanism, highly complex & risky financial products, failure in governance & internal controls, excessive debt component (high gearing) on balance sheets resulting in poor buffer capital, uncontrolled expansion/predatory lending, CDS market growth, excessive exposure to various risks, weak financial & stress testing models and shadow banking system, among others.

Contact

E-mail: singaporeconference@globalbizresearch.org

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Rank: ★★★★

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