IBLLC Firm-Specific Disclosure 12-09-16
... This document is intended to provide material information about Interactive Brokers LLC (“Interactive” or “IB”), its business lines and risk management practices to existing and prospective customers. Much of the information included in this document can be found on the IB website at www.interactiv ...
... This document is intended to provide material information about Interactive Brokers LLC (“Interactive” or “IB”), its business lines and risk management practices to existing and prospective customers. Much of the information included in this document can be found on the IB website at www.interactiv ...
Securities Activities by Commercial Banking Firms’ Section 20 Subsidiaries:
... bank-ineligible securities activities, the so called "Section 20 subsidiaries," and their commercial bank affiliates, from the second quarter of 1990 through the second quarter of 1997. This study improves upon the existing literature in several ways: First, using microdata to analyze existing bank ...
... bank-ineligible securities activities, the so called "Section 20 subsidiaries," and their commercial bank affiliates, from the second quarter of 1990 through the second quarter of 1997. This study improves upon the existing literature in several ways: First, using microdata to analyze existing bank ...
Capital and profitability in banking
... (1995) since we find a positive relationship for higher risk banks which are below their longrun target capital ratios. However, the same is not true for the recent financial crisis in 20072010 since there is no evidence for this period that low capital banks could improve profitability by increasin ...
... (1995) since we find a positive relationship for higher risk banks which are below their longrun target capital ratios. However, the same is not true for the recent financial crisis in 20072010 since there is no evidence for this period that low capital banks could improve profitability by increasin ...
chapter 12—special industries: banks, utilities, oil and gas
... 35. Electric utilities that have substantial construction work in progress are usually viewed as being less risky investments than electric utilities that do not have substantial construction work in progress. ANS: F 36. For a regulated electric utility, the account allowance for equity funds used d ...
... 35. Electric utilities that have substantial construction work in progress are usually viewed as being less risky investments than electric utilities that do not have substantial construction work in progress. ANS: F 36. For a regulated electric utility, the account allowance for equity funds used d ...
Financing Local Infrastructure – Linking Local
... Financing Local Infrastructure – Linking Local Governments and Financial Markets addresses capacity development needs from both a public finance and a financial market perspective. Its purpose is to help partners, their advisors, local governments and financial institutions to explore the ways and t ...
... Financing Local Infrastructure – Linking Local Governments and Financial Markets addresses capacity development needs from both a public finance and a financial market perspective. Its purpose is to help partners, their advisors, local governments and financial institutions to explore the ways and t ...
Basel Committee on Banking Supervision Basel III: The Liquidity
... It should be stressed that the LCR standard establishes a minimum level of liquidity for internationally active banks. Banks are expected to meet this standard as well as adhere to the Sound Principles. Consistent with the Committee’s capital adequacy standards, national authorities may require high ...
... It should be stressed that the LCR standard establishes a minimum level of liquidity for internationally active banks. Banks are expected to meet this standard as well as adhere to the Sound Principles. Consistent with the Committee’s capital adequacy standards, national authorities may require high ...
application of the countercyclical capital buffer in lithuania
... will be difficult to notice by only analysing individual financial institutions. For instance, the true extent of loans issued by the financial sector for the purchase of real estate only shows up when analysing the aggregate data, while the assessment of individual financial institutions may not r ...
... will be difficult to notice by only analysing individual financial institutions. For instance, the true extent of loans issued by the financial sector for the purchase of real estate only shows up when analysing the aggregate data, while the assessment of individual financial institutions may not r ...
interest rate risk in turkish financial markets across
... political and economic conditions affect the behavior of assets in financial markets. As a result systematic risks are unavoidable in the sense that keeping them under control in a way is impossible. Systemic risks on the other hand are risks related with controllable processes such as intra-firm in ...
... political and economic conditions affect the behavior of assets in financial markets. As a result systematic risks are unavoidable in the sense that keeping them under control in a way is impossible. Systemic risks on the other hand are risks related with controllable processes such as intra-firm in ...
Making a difference - Bank of The Bahamas
... other home. “Where will they go? What will become of them if part of Ranfurly closes?” he asks. The song he wrote and the CD’s the Bank is creating with that music are projected to raise the needed funds. The Bank answers the former orphan’s question with action that will keep the children safe. Two ...
... other home. “Where will they go? What will become of them if part of Ranfurly closes?” he asks. The song he wrote and the CD’s the Bank is creating with that music are projected to raise the needed funds. The Bank answers the former orphan’s question with action that will keep the children safe. Two ...
First Commerce Bank, Lewisburg - Tennessee Bankers Association
... chairman, it’s clear that he provided highly effective leadership on a number of fronts. And from conversations I had with bankers across Tennessee, I know you agree with that assessment. On a personal note, Jeff has been a great mentor and friend, always just a quick phone call away, and he helped ...
... chairman, it’s clear that he provided highly effective leadership on a number of fronts. And from conversations I had with bankers across Tennessee, I know you agree with that assessment. On a personal note, Jeff has been a great mentor and friend, always just a quick phone call away, and he helped ...
Financial fragility and distress propagation in a network of regions
... indirectly. When a firm faces consecutive losses, then the bank will apply higher financing costs to all the firms in its credit portfolio. This, even if the other firms are still financially robust. The main result of the model is that as long as regions are economically separated, agents do not be ...
... indirectly. When a firm faces consecutive losses, then the bank will apply higher financing costs to all the firms in its credit portfolio. This, even if the other firms are still financially robust. The main result of the model is that as long as regions are economically separated, agents do not be ...
A Macroeconomic Model of Endogenous Systemic Risk Taking ∗ David Martinez-Miera
... but preserves his capital when the systemic shock occurs. The destruction of bank capital after a shock allows surviving capital to earn higher scarcity rents and produces a “last bank standing effect” like in Perotti and Suarez (2002). This effect reduces bankers’ inclination for systemic lending.6 S ...
... but preserves his capital when the systemic shock occurs. The destruction of bank capital after a shock allows surviving capital to earn higher scarcity rents and produces a “last bank standing effect” like in Perotti and Suarez (2002). This effect reduces bankers’ inclination for systemic lending.6 S ...
A new approach to assessing risks to financial stability
... feedback effects to the real economy (indicated by the dotted line in Chart 2) should financial intermediation be materially impaired. In the quantitative work reported in the July 2006 FSR, the focus was on a summary indicator of system-wide impact — specifically, on the impact on the profits and c ...
... feedback effects to the real economy (indicated by the dotted line in Chart 2) should financial intermediation be materially impaired. In the quantitative work reported in the July 2006 FSR, the focus was on a summary indicator of system-wide impact — specifically, on the impact on the profits and c ...
The international actor of Turkish capital markets 2006 ANNUAL
... the main mission of Takasbank is to contribute to the development of capital markets by enhancing the free movement of capital, a more broad-based approach to its ultimate task would require it to facilitate the process such that Turkey would benefit from the international flow of capital on the bes ...
... the main mission of Takasbank is to contribute to the development of capital markets by enhancing the free movement of capital, a more broad-based approach to its ultimate task would require it to facilitate the process such that Turkey would benefit from the international flow of capital on the bes ...
Bank Profitability and Risk#Taking
... to the funding for their core business. This highlights the role of repo funding in contributing to pre-crisis vulnerabilities (Gorton and Metrick, 2012; Acharya and Öncü, 2013). The model o¤ers itself to a number of extensions. In one extension, we allow the bank to exert e¤ort to increase the pro… ...
... to the funding for their core business. This highlights the role of repo funding in contributing to pre-crisis vulnerabilities (Gorton and Metrick, 2012; Acharya and Öncü, 2013). The model o¤ers itself to a number of extensions. In one extension, we allow the bank to exert e¤ort to increase the pro… ...
A Macroeconomic Model of Endogenous Systemic Risk Taking ∗ David Martinez-Miera
... but preserves his capital when the systemic shock occurs. The destruction of bank capital after a shock allows surviving capital to earn higher scarcity rents and produces a “last bank standing effect” like in Perotti and Suarez (2002). This effect reduces bankers’ inclination for systemic lending.6 S ...
... but preserves his capital when the systemic shock occurs. The destruction of bank capital after a shock allows surviving capital to earn higher scarcity rents and produces a “last bank standing effect” like in Perotti and Suarez (2002). This effect reduces bankers’ inclination for systemic lending.6 S ...
Savings and Loan Crisis of the 1980s.......................................... 32
... assets to meet margin calls.23 When the securities decreased in value past a certain point, or margin, fund managers had to find new money to deposit into the account. Typically, this meant selling company assets. Some firms were devastated by the sales.24 Those that survived hoarded their cash, cre ...
... assets to meet margin calls.23 When the securities decreased in value past a certain point, or margin, fund managers had to find new money to deposit into the account. Typically, this meant selling company assets. Some firms were devastated by the sales.24 Those that survived hoarded their cash, cre ...
The determinants of long-term debt issuance by European banks
... European banks. We use a unique database of around 50,000 bonds issued by 63 banks from 14 European countries, allowing us to differentiate between different types of long-term debt securities. By investigating at the individual bank level, we are able to test explicitly a broad set of hypotheses fr ...
... European banks. We use a unique database of around 50,000 bonds issued by 63 banks from 14 European countries, allowing us to differentiate between different types of long-term debt securities. By investigating at the individual bank level, we are able to test explicitly a broad set of hypotheses fr ...
Do we need big banks? Evidence on performance, strategy and
... share and the nondeposit funding share are both positively related to bank size, but they do not consider systemic size as a potential determinant of bank activity and funding patterns. An extensive literature examines whether depositors exert market discipline on banks. Park and Peristiani (1998), ...
... share and the nondeposit funding share are both positively related to bank size, but they do not consider systemic size as a potential determinant of bank activity and funding patterns. An extensive literature examines whether depositors exert market discipline on banks. Park and Peristiani (1998), ...
Tilburg University Model uncertainty and
... These indicators can be obtained by relating bank stock returns to various risk factors, such as market, interest rate, and other relevant risks. The challenge for regulators and supervisors is to discover which risk factors are relevant for which types of nancial institutions at a speci c point in ...
... These indicators can be obtained by relating bank stock returns to various risk factors, such as market, interest rate, and other relevant risks. The challenge for regulators and supervisors is to discover which risk factors are relevant for which types of nancial institutions at a speci c point in ...
Judge Information Gaps 9.17.15
... regulation, most regulators and other experts have a deep understanding of only one of the two domains. This leads to different, and sometimes contradictory, inclinations about the optimal regulatory response to a given challenge.12 The hybrid nature of the shadow banking system means that the value ...
... regulation, most regulators and other experts have a deep understanding of only one of the two domains. This leads to different, and sometimes contradictory, inclinations about the optimal regulatory response to a given challenge.12 The hybrid nature of the shadow banking system means that the value ...
Risky Banks and Macroprudential Policy for Emerging Economies Gabriel Cuadra Victoria Nuguer
... As a result of the financial crisis, the Federal Reserve and other central banks introduced a set of so-called “unconventional” monetary policies. In particular, the Fed started to intervene directly in the credit market, lending to non-financial institutions and reducing the restrictions to access ...
... As a result of the financial crisis, the Federal Reserve and other central banks introduced a set of so-called “unconventional” monetary policies. In particular, the Fed started to intervene directly in the credit market, lending to non-financial institutions and reducing the restrictions to access ...
- PuneICAI
... These advances need not be treated as NPA provided adequate margin is available. Advances against Gold loans, government securities are not covered in this criteria. (4.2.11) Central Government guaranteed advance to be classified as NPA only if Government repudiates the guarantee when invoked. ...
... These advances need not be treated as NPA provided adequate margin is available. Advances against Gold loans, government securities are not covered in this criteria. (4.2.11) Central Government guaranteed advance to be classified as NPA only if Government repudiates the guarantee when invoked. ...
(SMEs): The Malaysian Experience
... – Indigenous enterprises which may evolve into larger enterprises ...
... – Indigenous enterprises which may evolve into larger enterprises ...
Eurozone - Doing Business | DOINGBUSINESS.RO
... particularly in need of funding. It will also be interesting to see whether other institutions meet the demand while banks complete the balance sheet repair process. Payday lenders are making a mark in many retail markets, and large corporations are increasingly turning to direct loans from private ...
... particularly in need of funding. It will also be interesting to see whether other institutions meet the demand while banks complete the balance sheet repair process. Payday lenders are making a mark in many retail markets, and large corporations are increasingly turning to direct loans from private ...
Bank
A bank is a financial intermediary that creates credit by lending money to a borrower, thereby creating a corresponding deposit on the bank's balance sheet. Lending activities can be performed either directly or indirectly through capital markets. Due to their importance in the financial system and influence on national economies, banks are highly regulated in most countries. Most nations have institutionalized a system known as fractional reserve banking under which banks hold liquid assets equal to only a portion of their current liabilities. In addition to other regulations intended to ensure liquidity, banks are generally subject to minimum capital requirements based on an international set of capital standards, known as the Basel Accords.Banking in its modern sense evolved in the 14th century in the rich cities of Renaissance Italy but in many ways was a continuation of ideas and concepts of credit and lending that had their roots in the ancient world. In the history of banking, a number of banking dynasties — notably, the Medicis, the Fuggers, the Welsers, the Berenbergs and the Rothschilds — have played a central role over many centuries. The oldest existing retail bank is Monte dei Paschi di Siena, while the oldest existing merchant bank is Berenberg Bank.