Chaebol, Financial Liberalization, and Economic Crisis
... objective: NBFIs’ share in total deposits increased from less than 30 percent up to 1980 to more than 60 percent by the early 1990s. In fact, in 1990 their share of deposits surpassed that of banks, accounting for almost 60 percent of total deposits. The same can be said about their share of loans, ...
... objective: NBFIs’ share in total deposits increased from less than 30 percent up to 1980 to more than 60 percent by the early 1990s. In fact, in 1990 their share of deposits surpassed that of banks, accounting for almost 60 percent of total deposits. The same can be said about their share of loans, ...
Inherited or earned? Performance of foreign banks in Central
... Foreign acquisitions of banks since the 1990s have substantially altered the financial landscape and governance of banks in many transition and developing countries. As of end-2006, foreign banks accounted for more than 39 percent of total banking assets in developing countries. Such a transformatio ...
... Foreign acquisitions of banks since the 1990s have substantially altered the financial landscape and governance of banks in many transition and developing countries. As of end-2006, foreign banks accounted for more than 39 percent of total banking assets in developing countries. Such a transformatio ...
INTEREST RATES AND INFLATION IN THE LEONTIEF
... Similar cost push inflationary effects are produced when the nominal interest rate exceeds the real one. But there is one crucial difference between the cost push inflation generated by the increase in the nominal wages and that by the increase in the nominal interest rate. The former results in inc ...
... Similar cost push inflationary effects are produced when the nominal interest rate exceeds the real one. But there is one crucial difference between the cost push inflation generated by the increase in the nominal wages and that by the increase in the nominal interest rate. The former results in inc ...
Behavioral Segmentation White Paper 9-11
... Empirics Ratings enable product-specific prioritization of prospects. If the campaign’s objective requires more prospects than are available from the Empiricsrated Most Likely prospects, the next level of term life insurance-buying propensity can be included in the campaign. Hudson’s Most Likely and ...
... Empirics Ratings enable product-specific prioritization of prospects. If the campaign’s objective requires more prospects than are available from the Empiricsrated Most Likely prospects, the next level of term life insurance-buying propensity can be included in the campaign. Hudson’s Most Likely and ...
portfolio commentary - Cary Street Partners
... when redeemed, may be worth more or less than their original cost. Bond prices are sensitive to interest rate changes and a rise in interest rates will cause the prices of current bonds to decline. Longer term bonds typically are more sensitive to interest changes than shorter-term bonds. Investing ...
... when redeemed, may be worth more or less than their original cost. Bond prices are sensitive to interest rate changes and a rise in interest rates will cause the prices of current bonds to decline. Longer term bonds typically are more sensitive to interest changes than shorter-term bonds. Investing ...
Capturing the Benefits of Illiquidity
... included within every diversified portfolio. Equity, fixed income, cash and real estate…are the basic asset classes that must be held within a diversified portfolio.” — Mark J.P. Anson, Handbook of ...
... included within every diversified portfolio. Equity, fixed income, cash and real estate…are the basic asset classes that must be held within a diversified portfolio.” — Mark J.P. Anson, Handbook of ...
AAA
... hedge funds dump leveraged buy-out (LBO) and corporate notes after losing heavily in mortgage-backed securities and credit default swaps confidence crisis spread to corporate note and inter-bank markets ...
... hedge funds dump leveraged buy-out (LBO) and corporate notes after losing heavily in mortgage-backed securities and credit default swaps confidence crisis spread to corporate note and inter-bank markets ...
MiFID II PRODUCT GOVERNANCE - Nederlandse Vereniging van
... with certain bandwidths per asset category. This diversification over asset classes leads to the best return (in relation to risk). Within each asset category further diversification can be achieved across regions and industries and different investment products. As a result of diversification low r ...
... with certain bandwidths per asset category. This diversification over asset classes leads to the best return (in relation to risk). Within each asset category further diversification can be achieved across regions and industries and different investment products. As a result of diversification low r ...
Is Your Money Safe?
... funds of the SIPC would be used to supplement the distribution –up to a ceiling of $500,000 per customer, including a maximum of $100,000 for cash claims. Not all investments are covered by SIPC insurance. Among the investments that are ineligible for SIPC protections are commodities futures contrac ...
... funds of the SIPC would be used to supplement the distribution –up to a ceiling of $500,000 per customer, including a maximum of $100,000 for cash claims. Not all investments are covered by SIPC insurance. Among the investments that are ineligible for SIPC protections are commodities futures contrac ...
Week in Focus - Investment banking
... alleviating German concerns. A more likely trigger, however, is higher real interest rates which would reduce the “fair” price via rising financing costs and act as a dampener on the economy (and thus income and the labour market). If the boom were to end quickly, the consequences for the overall ec ...
... alleviating German concerns. A more likely trigger, however, is higher real interest rates which would reduce the “fair” price via rising financing costs and act as a dampener on the economy (and thus income and the labour market). If the boom were to end quickly, the consequences for the overall ec ...
Money, Banking, and the Financial System
... •Recently, interest rates on U.S. Treasury notes and corporate bonds have been falling relative to their 30-year averages. •If interest rates on these securities rose back to their historical averages, holders of bonds would suffer losses. •Not surprisingly, many financial advisers have warned inves ...
... •Recently, interest rates on U.S. Treasury notes and corporate bonds have been falling relative to their 30-year averages. •If interest rates on these securities rose back to their historical averages, holders of bonds would suffer losses. •Not surprisingly, many financial advisers have warned inves ...
Oaktree High Yield Bond Fund
... considered to have the lower credit rating. For purposes of the Fund’s 80% policy, “bonds” may include, but are not limited to, fixed and floating rate corporate bonds, debentures and notes, bank loans and zero coupon and paid-in-kind obligations. The Fund may also invest in other types of securitie ...
... considered to have the lower credit rating. For purposes of the Fund’s 80% policy, “bonds” may include, but are not limited to, fixed and floating rate corporate bonds, debentures and notes, bank loans and zero coupon and paid-in-kind obligations. The Fund may also invest in other types of securitie ...
Municipal Market: How Rates Rise Matters
... This information represents the opinion of Nuveen Asset Management, LLC and is not intended to be a forecast of future events and this is no guarantee of any future result. It is not intended to provide specific advice and should not be considered investment advice of any kind. Information was obtai ...
... This information represents the opinion of Nuveen Asset Management, LLC and is not intended to be a forecast of future events and this is no guarantee of any future result. It is not intended to provide specific advice and should not be considered investment advice of any kind. Information was obtai ...
A Detailed Look into Peer to Peer Lending
... range of assets allows for a good comparison with Lending Club because the car loans in Lending Club also have a range from A to E. Taking an initial glance at Santander, we find that the highest FICO score in the pool is 850 (highest possible FICO score) and the lowest FICO score is 362 which signi ...
... range of assets allows for a good comparison with Lending Club because the car loans in Lending Club also have a range from A to E. Taking an initial glance at Santander, we find that the highest FICO score in the pool is 850 (highest possible FICO score) and the lowest FICO score is 362 which signi ...
The Investment Process
... We will recommend the portfolio which most closely matches your risk score but the risk taken by the DFM could vary slightly higher or lower than your actual score, e.g. if you have a risk score of 6 the portfolio could sometimes be a 5 or a 7 depending upon the views of the DFM ...
... We will recommend the portfolio which most closely matches your risk score but the risk taken by the DFM could vary slightly higher or lower than your actual score, e.g. if you have a risk score of 6 the portfolio could sometimes be a 5 or a 7 depending upon the views of the DFM ...
Hedge funds have attracted significant capital inflows in the last few
... Alpha and risk exposures are estimated with multiple OLS regressions. MSCI World Total Return is a proxy for international equities. MSCI World cumulative 12M is the cumulative performance of the MSCI World Total Return Index computed on a rolling basis over the last 12 months. The size spread fa ...
... Alpha and risk exposures are estimated with multiple OLS regressions. MSCI World Total Return is a proxy for international equities. MSCI World cumulative 12M is the cumulative performance of the MSCI World Total Return Index computed on a rolling basis over the last 12 months. The size spread fa ...
Options on Fed funds futures and interst rate volatity
... options listing, is also evident in stocks without options. So, it is not surprising that options listings lead to lower volatility. Another potential problem with options listings studies is that they do not control for market-wide decline in volatility around the time when options are listed. Lamo ...
... options listing, is also evident in stocks without options. So, it is not surprising that options listings lead to lower volatility. Another potential problem with options listings studies is that they do not control for market-wide decline in volatility around the time when options are listed. Lamo ...
EU Summit Decisions +ECB Action welcomed in Markets
... The move includes also a Strong Push by the Central European Bank, which just started from Wednesday a 1st out of 2 operations almost Half a Trillion € strong each, in addition to EU Summits' decisions for a 440 Billlions European Financial Stability Facility and a 500 Billions € strong European ...
... The move includes also a Strong Push by the Central European Bank, which just started from Wednesday a 1st out of 2 operations almost Half a Trillion € strong each, in addition to EU Summits' decisions for a 440 Billlions European Financial Stability Facility and a 500 Billions € strong European ...
Word - The Open University
... have sufficient terms and conditions in the underlying agreement to protect their position and so, in addition to covenants regarding repayment, payment of interest etc. may also require covenants that require minimum performance levels and provision of regular up-dates regarding performance. If suc ...
... have sufficient terms and conditions in the underlying agreement to protect their position and so, in addition to covenants regarding repayment, payment of interest etc. may also require covenants that require minimum performance levels and provision of regular up-dates regarding performance. If suc ...
CIT Investment Discl..
... The Funds may be an appropriate investment for investors seeking professional management of their retirement account assets. Fund Investments and Risks of Investing in the Funds Under normal market conditions, each Fund invests primarily in US and foreign stocks, bonds, private investment funds and ...
... The Funds may be an appropriate investment for investors seeking professional management of their retirement account assets. Fund Investments and Risks of Investing in the Funds Under normal market conditions, each Fund invests primarily in US and foreign stocks, bonds, private investment funds and ...
Financing a New Venture - Canadian Innovation Centre
... – Think out how much money you need and when, what you will use it for and what you could do if you had more – Be prepared to negotiate and understand what you will have to give up to engage them along with all the detailed terms in a VC contract – Have references (often customers) and other legal d ...
... – Think out how much money you need and when, what you will use it for and what you could do if you had more – Be prepared to negotiate and understand what you will have to give up to engage them along with all the detailed terms in a VC contract – Have references (often customers) and other legal d ...
Custody Policy Statement Final-1
... the qualified custodian and client an invoice or statement of the amount of the fee to be deducted from the client’s account each time a fee is directly deducted.4 Non-compliance with these procedures will result in an adviser being deemed to have custody of client cash, bank accounts, or securities ...
... the qualified custodian and client an invoice or statement of the amount of the fee to be deducted from the client’s account each time a fee is directly deducted.4 Non-compliance with these procedures will result in an adviser being deemed to have custody of client cash, bank accounts, or securities ...
iv special features - European Central Bank
... Second, in the case of large banks deemed “too big to fail”, the implicit government guarantee to rescue a bank nearing insolvency translates into a lower risk premium charged by shareholders and creditors: correctly anticipating a bail-out, investors rationally underprice the cost of bankruptcy. Th ...
... Second, in the case of large banks deemed “too big to fail”, the implicit government guarantee to rescue a bank nearing insolvency translates into a lower risk premium charged by shareholders and creditors: correctly anticipating a bail-out, investors rationally underprice the cost of bankruptcy. Th ...
The impossibility of setting a single, context independent, non
... rate. Nevertheless the fact that values for t and g will vary between different contexts is already accepted by all, and can be factored out of a discount rate by leaving the value of g unstated. The value of e is also not context independent. There are two key considerations here. Firstly, it is a ...
... rate. Nevertheless the fact that values for t and g will vary between different contexts is already accepted by all, and can be factored out of a discount rate by leaving the value of g unstated. The value of e is also not context independent. There are two key considerations here. Firstly, it is a ...
IPO Analysis - Agricultural Bank of China (1288.HK)
... process is expected to improve the operating environment. ABC’s business strategy focuses on the 900 million in rural areas, especially the 300 million upper to middle class customers. As the growth pace of the countryside is expected to be faster than the country-wide growth rate, ABC is expected t ...
... process is expected to improve the operating environment. ABC’s business strategy focuses on the 900 million in rural areas, especially the 300 million upper to middle class customers. As the growth pace of the countryside is expected to be faster than the country-wide growth rate, ABC is expected t ...