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The build up to the crisis – global background • Low real interest rates stimulated borrowing and financial innovation – Long rates were low because of high saving…

Documents Banking & Financial Markets Bülent Şenver [email protected] [email protected]...

Slide 1 Slide 2 Banking & Financial Markets Bülent Şenver [email protected] [email protected] [email protected] Slide 3 2-2 Function of Financial Markets…

Documents Banking & Financial Markets Bülent Şenver [email protected] [email protected]...

Slide 1 Slide 2 Banking & Financial Markets Bülent Şenver [email protected] [email protected] [email protected] Slide 3 2-2 Function of Financial Markets…