PSI 20®
... This publication is for information purposes only and is not a recommendation to engage in investment activities. This publication is provided “as is” without representation or warranty of any kind. Whilst all reasonable care has been taken to ensure the accuracy of the content, Euronext does not gu ...
... This publication is for information purposes only and is not a recommendation to engage in investment activities. This publication is provided “as is” without representation or warranty of any kind. Whilst all reasonable care has been taken to ensure the accuracy of the content, Euronext does not gu ...
Macroeconomic Stability and Financial Regulation: Key Issues for
... • Mitigate procyclicality by adjusting the Basel II capital requirements using a multiplier based on macroeconomic conditions. • Create a centralized clearing counterparty for CDS trades without further delay. Consider requiring that CDS be exchange-traded and prohibiting naked CDS. • Sever the link ...
... • Mitigate procyclicality by adjusting the Basel II capital requirements using a multiplier based on macroeconomic conditions. • Create a centralized clearing counterparty for CDS trades without further delay. Consider requiring that CDS be exchange-traded and prohibiting naked CDS. • Sever the link ...
Central Bank of the Republic of China (Taiwan)
... policies in major advanced economies alongside more neutral fiscal policy relaxations that offset the adverse impacts of the economic slowdown in emerging economies. However, against the backdrop of a prolonged period of monetary policy easing and a low-interest-rate environment, herding among portf ...
... policies in major advanced economies alongside more neutral fiscal policy relaxations that offset the adverse impacts of the economic slowdown in emerging economies. However, against the backdrop of a prolonged period of monetary policy easing and a low-interest-rate environment, herding among portf ...
Davis E P and Salo S
... “Engineering” excess capacity is closely related to the concept of the “output gap” in macroeconomics, measured on the “short term” assumption that the supply of factors of production labour and capital - is fixed. In the “output gap” paradigm, excess capacity emerges at a macroeconomic level when a ...
... “Engineering” excess capacity is closely related to the concept of the “output gap” in macroeconomics, measured on the “short term” assumption that the supply of factors of production labour and capital - is fixed. In the “output gap” paradigm, excess capacity emerges at a macroeconomic level when a ...
Cumulative impact of financial regulation in Sweden
... risk buffer, capital conservation buffer, countercyclical capital buffer and pillar II requirements. We suggest that such proposals may lead to substantial costs for the Swedish economy. Key facts supporting this conclusion are as follows: Overall funding costs will rise if Swedish banks are forced ...
... risk buffer, capital conservation buffer, countercyclical capital buffer and pillar II requirements. We suggest that such proposals may lead to substantial costs for the Swedish economy. Key facts supporting this conclusion are as follows: Overall funding costs will rise if Swedish banks are forced ...
Bondch6s
... Rates of return on government securities depend, in part, on the size and growth of federal government debt. If federal deficits are increasing over time, then the Treasury will be constantly trying to raise funds in the financial market. As we discussed in Chapter 3, the Treasury sells a number of ...
... Rates of return on government securities depend, in part, on the size and growth of federal government debt. If federal deficits are increasing over time, then the Treasury will be constantly trying to raise funds in the financial market. As we discussed in Chapter 3, the Treasury sells a number of ...
The Effects of Credit Subsidies on Development
... In a related article Armendariz de Aghion (1999) develops a model of a decentralized banking system in which banks are shown to both underinvest in, and undertransmit, expertise in long-term industrial finance. Stiglitz (1994) discusses the foundation of different government interventions in financi ...
... In a related article Armendariz de Aghion (1999) develops a model of a decentralized banking system in which banks are shown to both underinvest in, and undertransmit, expertise in long-term industrial finance. Stiglitz (1994) discusses the foundation of different government interventions in financi ...
The Role of Interest Rates in the Brazilian Business Cycles
... tion growth depends not only on interest rates but also on future expected movements in equilibrium employment. Therefore, an interest rate shock affects consumption growth directly, as in the standard model, and also indirectly through the labor market channel. This is the key mechanism that makes ...
... tion growth depends not only on interest rates but also on future expected movements in equilibrium employment. Therefore, an interest rate shock affects consumption growth directly, as in the standard model, and also indirectly through the labor market channel. This is the key mechanism that makes ...
STRATEGY FOR POLAND
... Eurozone crisis has affected the Polish banking sector and resulted in some deleveraging, as a number of European parent banks decided to dispose of their Polish assets, not always successfully due to unfavourable market conditions. The Bank supported a new entrant on the Polish market, Santander Ba ...
... Eurozone crisis has affected the Polish banking sector and resulted in some deleveraging, as a number of European parent banks decided to dispose of their Polish assets, not always successfully due to unfavourable market conditions. The Bank supported a new entrant on the Polish market, Santander Ba ...
I. International and Domestic Developments Affecting Financial Stability
... show a better performance in the third quarter. However, the ...
... show a better performance in the third quarter. However, the ...
EU single market in banking
... Main effect: the pari passu treatment of creditors, i.e. equal treatment of creditors. As a result, many jurisdictions prohibit set-off after the opening of insolvency. Certain transactions may be reversed if occurred during a time period laid down in the law before the opening of insolvency (“sus ...
... Main effect: the pari passu treatment of creditors, i.e. equal treatment of creditors. As a result, many jurisdictions prohibit set-off after the opening of insolvency. Certain transactions may be reversed if occurred during a time period laid down in the law before the opening of insolvency (“sus ...
What Is the Balance of Payments?
... foreign currencies) will decline. However, some central banks might hold the view that the foreignexchange value of their currencies was inappropriately high—that the foreign-exchange value of the dollar was inappropriately low—in which case they might sell foreign currencies in exchange for dollar ...
... foreign currencies) will decline. However, some central banks might hold the view that the foreignexchange value of their currencies was inappropriately high—that the foreign-exchange value of the dollar was inappropriately low—in which case they might sell foreign currencies in exchange for dollar ...
APRA Insight Issue 2 2012 - Australian Prudential Regulation Authority
... Beyond entity-specific issues, the use across the industry of common vendors and common offshore locations creates concentration risks around certain service providers and countries. A cross divisional working group has been created within APRA to evaluate associated ...
... Beyond entity-specific issues, the use across the industry of common vendors and common offshore locations creates concentration risks around certain service providers and countries. A cross divisional working group has been created within APRA to evaluate associated ...
From Open-Market Operations to Open-Mouth Policy
... No less a challenge is tailoring messages to different key audiences and their specific concerns and information needs with respect to the economy and the direction of monetary policy. The general public is typically interested in what affects its day-to-day decision-making, e.g., inflation, interes ...
... No less a challenge is tailoring messages to different key audiences and their specific concerns and information needs with respect to the economy and the direction of monetary policy. The general public is typically interested in what affects its day-to-day decision-making, e.g., inflation, interes ...
Spillovers from United States Monetary Policy on Emerging Markets
... positions, as well as lower inflation and lower shares of local debt held by foreigners significantly dampen spillover effects, especially during the period of unconventional monetary policy. More liquid markets also dampen the effect of spillovers. There is weak evidence that larger markets face la ...
... positions, as well as lower inflation and lower shares of local debt held by foreigners significantly dampen spillover effects, especially during the period of unconventional monetary policy. More liquid markets also dampen the effect of spillovers. There is weak evidence that larger markets face la ...
Collective investment schemes regulations
... custodian for an employee benefit (EB) plan account and may invest plan assets into its A2 fund, so long as the fund itself qualifies for an exemption from federal taxation. The bank need not act as the trustee for the underlying tax-exempt trust. A bank is authorized to combine assets eligible for ...
... custodian for an employee benefit (EB) plan account and may invest plan assets into its A2 fund, so long as the fund itself qualifies for an exemption from federal taxation. The bank need not act as the trustee for the underlying tax-exempt trust. A bank is authorized to combine assets eligible for ...
Fitch ratings: ING Bank NV Full rating report
... Strong Standalone Strength: ING Bank‟s „a‟ Viability Rating (VR) reflects its strong franchise (mostly in the Benelux) and diverse business model. These support a solid ability to underwrite new business, recurring earnings generation and material deposit-gathering capacities. The VR factors in a st ...
... Strong Standalone Strength: ING Bank‟s „a‟ Viability Rating (VR) reflects its strong franchise (mostly in the Benelux) and diverse business model. These support a solid ability to underwrite new business, recurring earnings generation and material deposit-gathering capacities. The VR factors in a st ...
Week in Focus How Emerging Markets will slow the euro zone
... currencies from appreciating. Our update of the calculations made by the BIS shows that monetary policy in emerging markets is still too expansionary, even though numerous central banks raised key interest rates last year after their currencies came under pressure following the Fed’s announcement th ...
... currencies from appreciating. Our update of the calculations made by the BIS shows that monetary policy in emerging markets is still too expansionary, even though numerous central banks raised key interest rates last year after their currencies came under pressure following the Fed’s announcement th ...
Bank of America 2016 Dodd-Frank Act Annual Stress Test Results
... • Significant items include loan and lease losses ($31.2B), incremental build in allowance for loan and lease losses through provision expense ($10.0B), trading and counterparty losses ($21.9B), goodwill impairments ($7.6B, which is capital neutral) and other losses ($5.1B), partially offset by $22. ...
... • Significant items include loan and lease losses ($31.2B), incremental build in allowance for loan and lease losses through provision expense ($10.0B), trading and counterparty losses ($21.9B), goodwill impairments ($7.6B, which is capital neutral) and other losses ($5.1B), partially offset by $22. ...
EDHEC and EuroPerformance release the Alpha League Table 2007 for Switzerland
... EDHEC is one of the leading French and European business schools. It ranked 7th in the Financial Times “Masters in Management” Rankings in 2006. With 35 professors, engineers and associate researchers, the EDHEC Risk and Asset Management Research Centre is the leading European research centre in ass ...
... EDHEC is one of the leading French and European business schools. It ranked 7th in the Financial Times “Masters in Management” Rankings in 2006. With 35 professors, engineers and associate researchers, the EDHEC Risk and Asset Management Research Centre is the leading European research centre in ass ...
FREE Sample Here
... A. is legally insured by the U.S. Treasury. B. would probably be backed by the U.S. Treasury in the event of a near-default. C. has a small positive yield spread relative to U.S. Treasuries. D. would probably be backed by the U.S. Treasury in the event of a near-default and has a small positive yiel ...
... A. is legally insured by the U.S. Treasury. B. would probably be backed by the U.S. Treasury in the event of a near-default. C. has a small positive yield spread relative to U.S. Treasuries. D. would probably be backed by the U.S. Treasury in the event of a near-default and has a small positive yiel ...
1.1. Necessity of the research problem
... Technological and Commercial Joint Stock Bank (Techcombank) in particular. For this reason, credit risk management is a major task of Vietnam Technological and Commercial Joint Stock Bank (Techcombank). However, in addition to contributing greatly to commercial banks, credit is risky. Credit risks o ...
... Technological and Commercial Joint Stock Bank (Techcombank) in particular. For this reason, credit risk management is a major task of Vietnam Technological and Commercial Joint Stock Bank (Techcombank). However, in addition to contributing greatly to commercial banks, credit is risky. Credit risks o ...
EIB - EESC European Economic and Social Committee
... Monetary Expansion is also less and less related to credit to private sector ...
... Monetary Expansion is also less and less related to credit to private sector ...
What is a macroprudential policy?
... Shin (2010) argues that increased systemic risk from interconnectedness of banks is a corollary of excessive asset growth and a macroprudential policy framework must therefore address excessive asset dynamics and fragility of bank liabilities. • In a growth phase of the financial cycle, rapid credit ...
... Shin (2010) argues that increased systemic risk from interconnectedness of banks is a corollary of excessive asset growth and a macroprudential policy framework must therefore address excessive asset dynamics and fragility of bank liabilities. • In a growth phase of the financial cycle, rapid credit ...
