Goodbye Reykjavik : international banking centres and the global financial crisis
- Author
- Ben Derudder (UGent) , Michael Hoyler and Peter Taylor
- Organization
- Abstract
- This empirical paper analyses how leading international banking centres (IBCs) have been faring under the 2008 global financial crisis. We aggregate data derived from The Banker's annual list of the world's leading banks at the city level to map changing levels of Tier 1 capital between 2007 and 2008 and returns on capital in 2008. The results point to a general but nonetheless variegated shift 'from West to East' in the world of IBCs. The paper concludes with a brief review of the implications for future research on financial geographies in general and the geographies of the financial crisis in particular.
- Keywords
- financial crisis, global economy, The Banker, international banking centres, WORLD CITY NETWORK, GEOGRAPHIES, FRANKFURT, AMSTERDAM, MARKETS, ECONOMY
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Citation
Please use this url to cite or link to this publication: http://hdl.handle.net/1854/LU-3231467
- MLA
- Derudder, Ben, et al. “Goodbye Reykjavik : International Banking Centres and the Global Financial Crisis.” AREA, vol. 43, no. 2, 2011, pp. 173–82, doi:10.1111/j.1475-4762.2010.00968.x.
- APA
- Derudder, B., Hoyler, M., & Taylor, P. (2011). Goodbye Reykjavik : international banking centres and the global financial crisis. AREA, 43(2), 173–182. https://doi.org/10.1111/j.1475-4762.2010.00968.x
- Chicago author-date
- Derudder, Ben, Michael Hoyler, and Peter Taylor. 2011. “Goodbye Reykjavik : International Banking Centres and the Global Financial Crisis.” AREA 43 (2): 173–82. https://doi.org/10.1111/j.1475-4762.2010.00968.x.
- Chicago author-date (all authors)
- Derudder, Ben, Michael Hoyler, and Peter Taylor. 2011. “Goodbye Reykjavik : International Banking Centres and the Global Financial Crisis.” AREA 43 (2): 173–182. doi:10.1111/j.1475-4762.2010.00968.x.
- Vancouver
- 1.Derudder B, Hoyler M, Taylor P. Goodbye Reykjavik : international banking centres and the global financial crisis. AREA. 2011;43(2):173–82.
- IEEE
- [1]B. Derudder, M. Hoyler, and P. Taylor, “Goodbye Reykjavik : international banking centres and the global financial crisis,” AREA, vol. 43, no. 2, pp. 173–182, 2011.
@article{3231467,
abstract = {{This empirical paper analyses how leading international banking centres (IBCs) have been faring under the 2008 global financial crisis. We aggregate data derived from The Banker's annual list of the world's leading banks at the city level to map changing levels of Tier 1 capital between 2007 and 2008 and returns on capital in 2008. The results point to a general but nonetheless variegated shift 'from West to East' in the world of IBCs. The paper concludes with a brief review of the implications for future research on financial geographies in general and the geographies of the financial crisis in particular.}},
author = {{Derudder, Ben and Hoyler, Michael and Taylor, Peter}},
issn = {{0004-0894}},
journal = {{AREA}},
keywords = {{financial crisis,global economy,The Banker,international banking centres,WORLD CITY NETWORK,GEOGRAPHIES,FRANKFURT,AMSTERDAM,MARKETS,ECONOMY}},
language = {{eng}},
number = {{2}},
pages = {{173--182}},
title = {{Goodbye Reykjavik : international banking centres and the global financial crisis}},
url = {{http://doi.org/10.1111/j.1475-4762.2010.00968.x}},
volume = {{43}},
year = {{2011}},
}
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