Complexity and Systemic Risk: Hilary Term Seminar Series 2010 cover image

Stability and Complexity in Model Banking Systems

Complexity and Systemic Risk: Hilary Term Seminar Series 2010

CHAPTER

The Evolution of Banking Systems

In a bank where by we send money to our boardroom in America, it's 9,500 banks that exchange several trillion a day on average. 66 of the banks occur account for about half the transactions. A few banks connected to lots and lots and lots of little banks and little banks connected just to one or two big banks but very little to themselves. This sort of phenomenon occurring in simple karaoke tours banking system.

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