The Great Financial Crisis of 2007–2010 has had a major impact on large cross-border banks, which are widely blamed for the start and severity of the crisis. As a result, much public policy,
both in the United States and elsewhere, has been directed at making these banks safer and less influential by reducing their size and permissible powers through increased government
regulation.The topic for the 18th annual international banking conference held at the Federal Reserve Bank of Chicago in November 2015, in on these large cross-border banks. In collaboration
with the World Bank, the conference held discussions on the current regulatory landscape for large and internationally active financial institutions; the impact of regulation on bank
permissible activities and international trade; improvements in risk management; necessary repairs to the bank safety net; the resolution of insolvent banks operating across national borders;
corporate governance for banks in the new environment; implications for market and government discipline; and, progress in achieving international cooperation.Contributors include international
policymakers, practitioners, researchers, and academics from more than 30 countries. The papers from the conference are collected in this volume.
