Skip to the beginning of the images gallery

Gulf Bank: Re-Building a Bank

Walid Busaba ; Zeigham Khokher ; Assem Safieddine ; Ken Mark

Reference: IVEY-9B11N008-E
Year: 2011
Number of pages: 22
Geographic Setting: Kuwait
Publication Date: Oct 31, 2011
Fecha de edición: Oct 15, 2012
Source: Ivey Business School (Canada)
Type of Document: Case
Industry Setting: Finance and Insurance;

Grouped product items
Format	Language	Reference	Use	Qty	Price	Preview
pdf	English	IVEY-9B11N008-E			As low as €8.20	Preview

You already have a subscription

To order please contact the person in charge of academic purchases in your university.

You'll be able to order once your profile has been validated.

Description

In December 2009, about a year after it suffered a crisis when clients walked away from massive derivative losses, Gulf Bank’s new CEO is trying to change the governance and operation of Gulf Bank. This case focuses on a turnaround situation and provides students with insight into evolving corporate governance standards in Kuwait. After assessing the situation that the CEO faces, students have to decide what change he should pursue and how he should carry it out. From a broad industry governance perspective, students can examine the state of banking regulation and oversight in Kuwait and suggest ways that corporate governance can be strengthened.

Learning Objective

There are several topics that can be discussed with this case: ·What structures/mechanisms could have prevented the crisis at Gulf Bank? ·What was the impact of the government bailout at Gulf Bank? ·What can be done to lower the risk of bank crises in the future?

Keywords

Bailouts financial institutions Financial management government and business Kuwait Middle East