Discuss how has the global financial crisis 2007-2009 affected different banking systems in the world?

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Discuss how has the global financial crisis 2007-2009 affected different banking systems in the world? Talk about main reason which are sub prime loans and mortages More specifically, you need to: ” Provide details regarding different risks that banks in different parts of the world had accumulated pre-crisis. ” How the crash happened and spread through different parts of the world ” And how regulators’ responses during and after the crisis have shaped the banking systems in different regions. ” Demonstrate your arguments with real-life example and with market evidence (graphs should be sufficient, there is no need to make any computation) ” References reliable sources: academic journals, facts and figures of reputable sources.

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