Author: Jean-Charles Rochet

In the 1990s, large insurance companies failed in virtually every major market, prompting a fierce and ongoing debate about how to better protect p...

Almost every country in the world has sophisticated systems to prevent banking crises. Yet such crises--and the massive financial and social damage...

The subprime crisis has shown that the sophisticated risk management models used by banks and insurance companies had serious flaws. Some people ev...

The financial crisis that began in 2007 in the United States swept the world, producing substantial bank failures and forcing unprecedented state a...