Sir Andrew Crockett – R.I.P.

In Memoriam

.
The British Banker, Sir Andrew Crockett past away … R.I.P.
.
Sir Andrew Duncan Crockett (23 March 1943 – 3 September 2012) was a British banker, economist and public servant. He was the general manager of the Bank for International Settlements (BIS).
.
Born in Glasgow, he was educated at Queens‘ College, Cambridge and Yale University. He joined the Bank of England in 1966, and the International Monetary Fund in 1972. He was an Executive Director of the Bank of England from 1989–93, before becoming General Manager of the Bank for International Settlements (BIS) in 1994. After retiring from the BIS in 2003, he joined JPMorgan Chase, the U.S. banking firm, where he was Special Advisor to the Chairman and a member of the Executive Committee until shortly before his death.
.
Crockett was also a member of the Group of Thirty. He authored several books on economic and financial subjects, as well as numerous articles in scholarly publications.
.
In Memoriam nachfolgend einige -aus Sicht des Autors- bemerkenswerte Veröffentlichungen und Statements des Ausnahme-Bankers.
.

THE THEORY AND PRACTICE OF FINANCIAL STABILITY
Essay by Andrew Crockett, April 1997

.
Content
.
1 INTRODUCTION AND DEFINITIONS
.
2 SOURCES OF INSTABILITY
Fragility of Financial Institutions
Asset Price Volatility
Foreign-Exchange Markets
Equity Markets
Fixed-Interest and Real-Asset Markets
.
3 ACHIEVING AND MAINTAINING FINANCIAL STABILITY
Financial Institutions
Improving the Functioning of Finanacial Markets
.
4 CONCLUDING REMARKS
.
REFERENCES
.
PDF – [60 Seiten]
.
.

How the Global Financial System has Failed

.
Martin Wolf, associate editor of the Financial Times, discuss how the global financial system has failed.
SPEAKER:
Martin Wolf, Associate Editor, Financial Times
PRESIDER:
Andrew Crockett, President, JP Morgan Chase International
recorded on September 27, 2006
.

.
.

IMF may profit from bailouts

published at New York Times, 10. März 2009
.
The International Monetary Fund may turn a profit of almost $650 million next year, enriched mostly by emergency loans to East European countries, according to former IMF officials.
.
The windfall would mark a $1 billion turnaround for an organization forecast two years ago to lose $360 million in 2010. Based on calculations in a 2007 study led by Andrew Crockett, the president of JPMorgan Chase International, interest and fees from at least $55 billion in new loans may refill IMF coffers depleted since the Asian financial crisis.
[…]
NYT
.
.

The governance of financial regulation: reform lessons from the recent crisis

by Ross Levine
Monetary and Economic Department
November 2010
published in BIS Working Papers – No 329
.
Foreword
.
On 24–25 June 2010, the BIS held its Ninth Annual Conference, on “The future of central banking under post-crisis mandates” in Lucerne, Switzerland.
.
The event brought together senior representatives of central banks and academic institutions who exchanged views on this topic.
The papers presented at the conference and the discussants’ comments are released as BIS Working Papers 326 to 331. A forthcoming BIS Paper will contain the opening address of Stephen Cecchetti (Economic Adviser, BIS), a keynote address from Baron Alexandre Lamfalussy, and the contributions of the policy panel on “Do central bank governance arrangements need to be altered?”.
.
The participants in the policy panel discussion, chaired by Jaime Caruana (General Manager, BIS), were Mark Carney (Bank of Canada), Andrew Crockett (JP Morgan Chase International), Stefan Ingves (Sveriges Riksbank), Lucas Papademos (Former Vice President, European Central Bank), and Duvvuri Subbarao (Reserve Bank of India).
.
PDF – [34 Seiten]
.
.

Ihr Oeconomicus