Key Mechanics of Tri-Party Repo Markets
... Dealers use the tri-party repo market mainly to obtain largescale, short-term financing for their securities inventories at a low cost. They typically use only one of the two clearing banks to settle their tri-party repos. Large cash providers maintain accounts at both clearing banks in order to tra ...
... Dealers use the tri-party repo market mainly to obtain largescale, short-term financing for their securities inventories at a low cost. They typically use only one of the two clearing banks to settle their tri-party repos. Large cash providers maintain accounts at both clearing banks in order to tra ...
The Market for Foreign Investment in Microfinance: Opportunities
... the private funds. In addition to raising capital from the IFIs, the private funds attract funding from private socially-motivated investors and NGOs, as well as from bilateral donor agencies and government lottery programs. CGAP estimates the amount of this non-IFI contribution to the private funds ...
... the private funds. In addition to raising capital from the IFIs, the private funds attract funding from private socially-motivated investors and NGOs, as well as from bilateral donor agencies and government lottery programs. CGAP estimates the amount of this non-IFI contribution to the private funds ...
CEE Banking_May14.indd - Raiffeisen Bank International AG
... For European banking, 2013 was a year of extensive deleveraging. Spillovers of this trend to the CEE region were once again limited, but its overall positive image does not rule out selective country strategies on the part of foreign-owned CEE banks. We have found clear evidence that Western banks c ...
... For European banking, 2013 was a year of extensive deleveraging. Spillovers of this trend to the CEE region were once again limited, but its overall positive image does not rule out selective country strategies on the part of foreign-owned CEE banks. We have found clear evidence that Western banks c ...
Financial Stability Report - Palestine Monetary Authority
... reconciliation process. As a result, the banking system, which was caught in the cross fire of the conflict, was exposed to various operational risks, credit risks and reputation risks that had unfavorable effects on the overall Palestinian banking system. Other outstanding endogenous risks include ...
... reconciliation process. As a result, the banking system, which was caught in the cross fire of the conflict, was exposed to various operational risks, credit risks and reputation risks that had unfavorable effects on the overall Palestinian banking system. Other outstanding endogenous risks include ...
Monthly balance sheet statistics
... The period from the date of giving notice to the maturity date is to be regarded as the period of notice. If a period during which notice may not be given is agreed upon in addition to the period of notice, this must be taken into account in the classification; on the expiry of the period resulting ...
... The period from the date of giving notice to the maturity date is to be regarded as the period of notice. If a period during which notice may not be given is agreed upon in addition to the period of notice, this must be taken into account in the classification; on the expiry of the period resulting ...
Financial Innovation: The Bright and the Dark Sides
... knowledge, this is the first paper to systematically explore the consequences of financial innovation in a consistent cross-country setting. This allows us to thus test the different views on financial innovation. While not necessarily exclusive, the two views put the emphasis on different outcomes ...
... knowledge, this is the first paper to systematically explore the consequences of financial innovation in a consistent cross-country setting. This allows us to thus test the different views on financial innovation. While not necessarily exclusive, the two views put the emphasis on different outcomes ...
What caused the collapse of Lehman Brothers?
... mortgages and mortgage‐linked securities that occurred in 2007 and 2008 (Valukas, 2010). As the market deteriorated, Lehman was unable to sell subordinate pieces of securitizations, and many of Lehman’s CDO positions were such pieces. For example, of the $431 billion of CDOs originated in 2006‐2007, ...
... mortgages and mortgage‐linked securities that occurred in 2007 and 2008 (Valukas, 2010). As the market deteriorated, Lehman was unable to sell subordinate pieces of securitizations, and many of Lehman’s CDO positions were such pieces. For example, of the $431 billion of CDOs originated in 2006‐2007, ...
registration of asset-backed securities
... CASH FLOW: the amount of cash generated from operations, calculated in compliance with Financial Accounting Standards 95, plus receipts from the disposition or liquidation of ELIGIBLE ASSETS. COLLECTION ACCOUNTS: the bank account created to receive CASH FLOW generated by the ELIGIBLE ASSETS and to m ...
... CASH FLOW: the amount of cash generated from operations, calculated in compliance with Financial Accounting Standards 95, plus receipts from the disposition or liquidation of ELIGIBLE ASSETS. COLLECTION ACCOUNTS: the bank account created to receive CASH FLOW generated by the ELIGIBLE ASSETS and to m ...
International Financial Stability - International Center for Monetary
... CEPR is a registered educational charity. Institutional (core) finance for the Centre is provided by the European Central Bank, the Bank of England, 33 other national central banks, 36 companies and the European Commission. None of these organizations gives prior review to the Centre’s publications, ...
... CEPR is a registered educational charity. Institutional (core) finance for the Centre is provided by the European Central Bank, the Bank of England, 33 other national central banks, 36 companies and the European Commission. None of these organizations gives prior review to the Centre’s publications, ...
Thematic Review on Deposit Insurance Systems
... practices by FSB members in a number of areas covered by the Core Principles, which can serve as useful references to other deposit insurers. At the same time, however, there remain some areas where there appear to be divergences from, or inconsistencies with, the Core Principles that need more time ...
... practices by FSB members in a number of areas covered by the Core Principles, which can serve as useful references to other deposit insurers. At the same time, however, there remain some areas where there appear to be divergences from, or inconsistencies with, the Core Principles that need more time ...
lloyds investment funds limited
... sterling interest rates. This policy will result in a gradual reduction in the capital value of the shares, except when bond prices generally are rising. The Fund will normally hold a relatively wide range of securities in order to keep a low level of exposure to individual bond issues other than go ...
... sterling interest rates. This policy will result in a gradual reduction in the capital value of the shares, except when bond prices generally are rising. The Fund will normally hold a relatively wide range of securities in order to keep a low level of exposure to individual bond issues other than go ...
Fact sheet Comparing listed and unlisted assets
... Comparing listed and unlisted assets A close look at AustralianSuper’s unlisted assets To meet the wealth accumulation needs of members saving for retirement over an extended period of time, superannuation funds invest in a variety of assets – both listed and unlisted. Every trustee board takes a ...
... Comparing listed and unlisted assets A close look at AustralianSuper’s unlisted assets To meet the wealth accumulation needs of members saving for retirement over an extended period of time, superannuation funds invest in a variety of assets – both listed and unlisted. Every trustee board takes a ...
Housing and Banking over the Business Cycle Xinyu Ge
... issues related to housing and financial markets. In Chapter 2, I investigate the extent to which a disruption in banks’ balance sheets affects the behavior of the housing market and the macroeconomy in an experiment that mimics the Great Recession. The model can qualitatively capture key features of ...
... issues related to housing and financial markets. In Chapter 2, I investigate the extent to which a disruption in banks’ balance sheets affects the behavior of the housing market and the macroeconomy in an experiment that mimics the Great Recession. The model can qualitatively capture key features of ...
CREDIT FUNDS INSIGHT 01 May 2016 Issue 6, May 2016
... passport which will allow them to market a fund freely in other Member States via a simple notification procedure. No other rules will apply (assuming marketing is to professional investors only). Conversely, non-European domiciled funds, or any fund managed by a non-European manager, can only be ma ...
... passport which will allow them to market a fund freely in other Member States via a simple notification procedure. No other rules will apply (assuming marketing is to professional investors only). Conversely, non-European domiciled funds, or any fund managed by a non-European manager, can only be ma ...
Forms of Entry, Operation, Expansion, and Supervision of Foreign
... and California. Unless otherwise indicated, citations are to the Share Data Report updated in September 2011. Likewise, unless otherwise indicated, citations to the Federal Reserve's quarterly Structure Data Report on the number and type of foreign bank operations in the U.S. (see discussion later i ...
... and California. Unless otherwise indicated, citations are to the Share Data Report updated in September 2011. Likewise, unless otherwise indicated, citations to the Federal Reserve's quarterly Structure Data Report on the number and type of foreign bank operations in the U.S. (see discussion later i ...
Central Bank Digital Currencies: assessing
... the form of private banks’ deposits, cash is the cornerstone of money supply and, together with the banks’ deposits in the central bank, integrates “high-powered money”. Despite its widespread use and convenience, cash has many drawbacks: it is the main instrument of tax evasion, money laundering an ...
... the form of private banks’ deposits, cash is the cornerstone of money supply and, together with the banks’ deposits in the central bank, integrates “high-powered money”. Despite its widespread use and convenience, cash has many drawbacks: it is the main instrument of tax evasion, money laundering an ...
This PDF is a selection from a published volume from... National Bureau of Economic Research
... nervous and tighten credit, leverage on old loans will increase (because of dropping asset values) while leverage on new loans plummets (because of deteriorating credit conditions). Leverage on old loans and leverage on new loans thus often go in opposite directions. For example, Reinhart and RogoV ...
... nervous and tighten credit, leverage on old loans will increase (because of dropping asset values) while leverage on new loans plummets (because of deteriorating credit conditions). Leverage on old loans and leverage on new loans thus often go in opposite directions. For example, Reinhart and RogoV ...
The Dark Side of Bank Wholesale Funding
... The mechanism of these e¤ects is that, absent a noisy public signal, uninformed wholesale …nanciers always roll over funding at the re…nancing stage as banks are on average solvent (no news is good news). However, with a noisy public signal, wholesale …nanciers (endogenously) uninformed about bank- ...
... The mechanism of these e¤ects is that, absent a noisy public signal, uninformed wholesale …nanciers always roll over funding at the re…nancing stage as banks are on average solvent (no news is good news). However, with a noisy public signal, wholesale …nanciers (endogenously) uninformed about bank- ...
Q1 2017 Investor Presentation
... 1 End of period loans and leases for 1Q17 and 4Q16 exclude $9.5B and $9.2B of non-U.S. consumer credit card loans, which are included in assets of business held for sale on the consolidated balance sheet, beginning in 4Q16. 2 See notes A, B and C on slide 25 for definitions of Global Liquidity Sourc ...
... 1 End of period loans and leases for 1Q17 and 4Q16 exclude $9.5B and $9.2B of non-U.S. consumer credit card loans, which are included in assets of business held for sale on the consolidated balance sheet, beginning in 4Q16. 2 See notes A, B and C on slide 25 for definitions of Global Liquidity Sourc ...
SAI - Cortina Asset Management
... any series into a greater or lesser number of shares of that series so long as the proportionate beneficial interests in the assets belonging to that series and the rights of shares of any other series are in no way affected. Additionally, in case of any liquidation of a series, the holders of share ...
... any series into a greater or lesser number of shares of that series so long as the proportionate beneficial interests in the assets belonging to that series and the rights of shares of any other series are in no way affected. Additionally, in case of any liquidation of a series, the holders of share ...
FEMIP - The Potential of Mesofinance for Job Creation in
... disproportionate share of the labour force. With an average “Ease of Doing Business ranking”10 of 98.2, the MENA region finds itself in mid-range internationally11. This has not changed much since the Arab spring; to the contrary, due to the upheaval reforms long overdue could not yet be tackled. Th ...
... disproportionate share of the labour force. With an average “Ease of Doing Business ranking”10 of 98.2, the MENA region finds itself in mid-range internationally11. This has not changed much since the Arab spring; to the contrary, due to the upheaval reforms long overdue could not yet be tackled. Th ...
Improving international access to credit markets report
... in this report, the author, Research Republic, and the City of London Corporation give no warranty in that regard and accept no liability for any loss or damage incurred through the use of, or reliance upon, this report or the ...
... in this report, the author, Research Republic, and the City of London Corporation give no warranty in that regard and accept no liability for any loss or damage incurred through the use of, or reliance upon, this report or the ...
European Banks – Capital
... ratios to the top of this range over time. ● We propose two equity-to-asset ratios. No one ratio is perfect. Our “plain” ratio tests a bank for idiosyncratic risk, providing an upperbound “what-you-see” estimate of its capital strength. Our “pain” ratio tests a bank for a stressed bankruptcy where s ...
... ratios to the top of this range over time. ● We propose two equity-to-asset ratios. No one ratio is perfect. Our “plain” ratio tests a bank for idiosyncratic risk, providing an upperbound “what-you-see” estimate of its capital strength. Our “pain” ratio tests a bank for a stressed bankruptcy where s ...