The Regulatory Responses to the Global Financial Crisis
... collateral limited the system’s ability to absorb even small shocks. This led to a rapid decline in collateral values (notably of houses and their related structured credit products), which shook confidence. Fear of counterparty defaults in major financial institutions – that were highly leveraged, ...
... collateral limited the system’s ability to absorb even small shocks. This led to a rapid decline in collateral values (notably of houses and their related structured credit products), which shook confidence. Fear of counterparty defaults in major financial institutions – that were highly leveraged, ...
Jan Kregel and Leonardo Burlamaqui, Finance, Competition
... innovation diffusion, while the latter could be long lasting if organizational advantages can be protected from imitation. The innovations and innovative strategies that differentiate each firm from its competitors and create Schumpeterian rents will be protected from erosion by imitation only if at ...
... innovation diffusion, while the latter could be long lasting if organizational advantages can be protected from imitation. The innovations and innovative strategies that differentiate each firm from its competitors and create Schumpeterian rents will be protected from erosion by imitation only if at ...
PowerPoint-presentation
... • But SME lending still only represent 6 to 8% of total lending • Particularly affects the service sector (lack of collateral, intangibility) => JEDCO / JSMP assesses the gap to be 250 to 400 MJD / year ...
... • But SME lending still only represent 6 to 8% of total lending • Particularly affects the service sector (lack of collateral, intangibility) => JEDCO / JSMP assesses the gap to be 250 to 400 MJD / year ...
Solid Capital Market Revenues Lifted US Large Banks
... loss rates was due largely to higher losses in credit cards (reflecting seasoning and mix shift) and auto loans (weaker used vehicle values). Card losses inched up for all banks. Wells Fargo's rose 45 bps to 3.54% based on higher losses from other channels of origination; Citigroup was up 40 bps to ...
... loss rates was due largely to higher losses in credit cards (reflecting seasoning and mix shift) and auto loans (weaker used vehicle values). Card losses inched up for all banks. Wells Fargo's rose 45 bps to 3.54% based on higher losses from other channels of origination; Citigroup was up 40 bps to ...
On microscopes and telescopes
... responses may preserve otherwise-fragile socio-economic topologies. They may even further encourage the growth of connectivity and complexity of these networks. For example, policies to support “super-spreader” banks in a crisis may encourage them to become larger, and more complex, still over time ...
... responses may preserve otherwise-fragile socio-economic topologies. They may even further encourage the growth of connectivity and complexity of these networks. For example, policies to support “super-spreader” banks in a crisis may encourage them to become larger, and more complex, still over time ...
Money Market Regulations
... not subject to liquidity fees and gates. Retail funds are primarily held by “natural persons” (individuals) and sold through an intermediary. Like government funds, retail funds are exempt from FNAV rules, although subject to potential liquidity fees and gates. All other funds not classified as gove ...
... not subject to liquidity fees and gates. Retail funds are primarily held by “natural persons” (individuals) and sold through an intermediary. Like government funds, retail funds are exempt from FNAV rules, although subject to potential liquidity fees and gates. All other funds not classified as gove ...
FINANCIAL TRANSACTIONS GLOBALIZATION
... and that is an important segment of managing financial transactions risks. Capital and financial joining of banks from different countries is the next (fifth) feature of global international banking operations. A great number of big banks from developed countries have intercrossed capital funds in t ...
... and that is an important segment of managing financial transactions risks. Capital and financial joining of banks from different countries is the next (fifth) feature of global international banking operations. A great number of big banks from developed countries have intercrossed capital funds in t ...
NYU-SEC5 - Wharton Finance
... and asset prices. What is meant by financial risk? The amount of credit and hence interest rates are taken as random variables by investors and this uncertainty leads to uncertainty in asset prices. In making decisions initially investors must anticipate the amount of credit at the subsequent date s ...
... and asset prices. What is meant by financial risk? The amount of credit and hence interest rates are taken as random variables by investors and this uncertainty leads to uncertainty in asset prices. In making decisions initially investors must anticipate the amount of credit at the subsequent date s ...
Top 10 regulatory challenges for banking and capital markets
... manage known and emerging regulatory and legal risks. They will need to proactively respond to market structure reforms and new forms of misconduct. ...
... manage known and emerging regulatory and legal risks. They will need to proactively respond to market structure reforms and new forms of misconduct. ...
Measures of financial stability - a review
... corporate spreads, liquidity premia and volatility. High levels of risk spreads can indicate a loss of investors’ risk appetite and possibly financing problems for the rest of the economy. Liquidity disruptions may be a materialisation of the market’s ability to efficiently allocate surplus funds to ...
... corporate spreads, liquidity premia and volatility. High levels of risk spreads can indicate a loss of investors’ risk appetite and possibly financing problems for the rest of the economy. Liquidity disruptions may be a materialisation of the market’s ability to efficiently allocate surplus funds to ...
Glossary - State Bank of Pakistan
... These are debt securities issued by borrowers to finance their operations. They are sold to investors with the promise that they will be repaid with interest by the end of a specific period. Bonds, debentures and notes can be part of direct or portfolio investment in the balance of payments and inte ...
... These are debt securities issued by borrowers to finance their operations. They are sold to investors with the promise that they will be repaid with interest by the end of a specific period. Bonds, debentures and notes can be part of direct or portfolio investment in the balance of payments and inte ...
What Money Market Mutual Fund Reform Means for Banks And
... bank accounts.19 MMMFs typically generate greater yields on “idle funds” than interest-bearing bank accounts.20 For example, while funds in a bank savings deposit account accrue interest at “artificially low” rates set by the bank, MMMF shareholders receive interest based on the current market rates ...
... bank accounts.19 MMMFs typically generate greater yields on “idle funds” than interest-bearing bank accounts.20 For example, while funds in a bank savings deposit account accrue interest at “artificially low” rates set by the bank, MMMF shareholders receive interest based on the current market rates ...
bank recapitalization and market concentration in ghana`s banking
... others, they have no strategic factor demands, they want to remain small and serve their niche markets; but regulators insists they grow or face uncertain future (Akomea, 2009). In reviewing the Nigerian consolidation failures, Ezeoha (2011), laments that a high degree of process interference normal ...
... others, they have no strategic factor demands, they want to remain small and serve their niche markets; but regulators insists they grow or face uncertain future (Akomea, 2009). In reviewing the Nigerian consolidation failures, Ezeoha (2011), laments that a high degree of process interference normal ...
Our Banking practice – at the heart of the world`s financial markets
... directives may increasingly clash with national requirements. Faced with an ever wider regulatory framework, our team can help you plan for and navigate these complex developments. We advise the world’s leading financial institutions and have invested in building a large team that can cover a very w ...
... directives may increasingly clash with national requirements. Faced with an ever wider regulatory framework, our team can help you plan for and navigate these complex developments. We advise the world’s leading financial institutions and have invested in building a large team that can cover a very w ...
Fast-growing Ghana and Cote d`Ivoire: Similarities and Differences
... important issue in Ghana given the current high interest rate environment. 3. Increases in minimum capital requirements: The current requirement for new entrants is GHS130mn ($65 mil) compared to GHS100mn ($50 mil) for the existing banks. This strengthens the banking system, but makes it harder for ...
... important issue in Ghana given the current high interest rate environment. 3. Increases in minimum capital requirements: The current requirement for new entrants is GHS130mn ($65 mil) compared to GHS100mn ($50 mil) for the existing banks. This strengthens the banking system, but makes it harder for ...
Did the Commercial Funding Paper Facility Prevent a Great
... Bernanke, Gertler, and Gilchrist (1996), imply that the composition of credit shifts away from security funded debt toward deposit-funded debt during periods of high corporate risk premiums. We follow Kashyap, Wilcox, and Stein (1997) by modeling (1) total commercial paper outstanding as a share of ...
... Bernanke, Gertler, and Gilchrist (1996), imply that the composition of credit shifts away from security funded debt toward deposit-funded debt during periods of high corporate risk premiums. We follow Kashyap, Wilcox, and Stein (1997) by modeling (1) total commercial paper outstanding as a share of ...
Islamic Banking and Fianance:
... According to a report by the International Union of Islamic Banks, there are 176 Islamic banking institutions in the world out of which 47% are in the South and South East Asia, 27% in GCC and the Middle East, 20% in Africa and 6% in the Western countries. Deposits and total assets of the Islamic ba ...
... According to a report by the International Union of Islamic Banks, there are 176 Islamic banking institutions in the world out of which 47% are in the South and South East Asia, 27% in GCC and the Middle East, 20% in Africa and 6% in the Western countries. Deposits and total assets of the Islamic ba ...
May 15, 2017 Basel Committee on Banking Supervision Bank for
... has observed, “although many Canadian fund management firms are affiliated with a major bank, these banks are unlikely to suffer losses from stress in any of the management firm’s funds, since funds and their management firms are separate legal entities and there is no implicit expectation that a lo ...
... has observed, “although many Canadian fund management firms are affiliated with a major bank, these banks are unlikely to suffer losses from stress in any of the management firm’s funds, since funds and their management firms are separate legal entities and there is no implicit expectation that a lo ...
New Economy and Its Challenge to Financial Intermediation and
... The Internet is an essential part of the utilization of ICTs. It is able to reduce information costs in large extent, which alleviate efficiency gains from activities that are subject to transaction costs. Brynjolfsson and Smith (1999) found in their empirical study concerning books and CDs that the ...
... The Internet is an essential part of the utilization of ICTs. It is able to reduce information costs in large extent, which alleviate efficiency gains from activities that are subject to transaction costs. Brynjolfsson and Smith (1999) found in their empirical study concerning books and CDs that the ...
Foreign banks in Latin America
... development of the Latin American banking system is the financial liberalization that took place between the 1980s and 1990s, both locally and internationally. Chile was an exception to this, however, having begun the process a decade earlier than the other countries in the region. Starting from a s ...
... development of the Latin American banking system is the financial liberalization that took place between the 1980s and 1990s, both locally and internationally. Chile was an exception to this, however, having begun the process a decade earlier than the other countries in the region. Starting from a s ...
chapter - three concept and significance of cd ratio
... minimum stipulated norms of 40 percent. Starting from 20012002 the state has touched ever highest CDR in the year of 20062007, which was close to 35 percent. Regarding the poor C D ratio of the state, banks are of the view that since the repayment of loan scenario is yet to witness a positive trend ...
... minimum stipulated norms of 40 percent. Starting from 20012002 the state has touched ever highest CDR in the year of 20062007, which was close to 35 percent. Regarding the poor C D ratio of the state, banks are of the view that since the repayment of loan scenario is yet to witness a positive trend ...
Banking crises in New Zealand: an historical overview.
... firms reduce debt and with it both consumption and investment. For the financial institutions at the heart of the crisis, the deleveraging process is mediating credit losses on loans and securities estimated at around US$4 trillion (IMF April WEO 2009), with the bulk incurred by banks.2 These losses ...
... firms reduce debt and with it both consumption and investment. For the financial institutions at the heart of the crisis, the deleveraging process is mediating credit losses on loans and securities estimated at around US$4 trillion (IMF April WEO 2009), with the bulk incurred by banks.2 These losses ...
CIBC Q2 Investor Presentation
... report, in other filings with Canadian securities regulators or the SEC and in other communications. All such statements are made pursuant to the “safe harbour” provisions of, and are intended to be forward-looking statements under applicable Canadian and U.S. securities legislation, including the U ...
... report, in other filings with Canadian securities regulators or the SEC and in other communications. All such statements are made pursuant to the “safe harbour” provisions of, and are intended to be forward-looking statements under applicable Canadian and U.S. securities legislation, including the U ...