CEE Investment Report 2016
... manufacturing supply chains, lower-than-expected growth in the EU is the main risk for the region. The slowdown in emerging markets could also affect the growth outlook in CEE, although exposure is mostly indirect (for example, the region could be affected through weaker German exports to China). We ...
... manufacturing supply chains, lower-than-expected growth in the EU is the main risk for the region. The slowdown in emerging markets could also affect the growth outlook in CEE, although exposure is mostly indirect (for example, the region could be affected through weaker German exports to China). We ...
Proposals to Enhance Regulatory Safeguards for Investors in the
... There are many schemes and products that claim to offer consumers potential profits. MAS does not seek to judge the merit of each scheme or product being offered. All investments have risks, and regulation does not and cannot guarantee the viability of products offered, or that the products will del ...
... There are many schemes and products that claim to offer consumers potential profits. MAS does not seek to judge the merit of each scheme or product being offered. All investments have risks, and regulation does not and cannot guarantee the viability of products offered, or that the products will del ...
5. Debt Market
... Treasury Bills: Treasury bills (T-bills) are money market instruments, i.e., short-term debt instruments issued by the Government of India, and are issued in three tenors—91 days, 182 days, and 364 days. The T-bills are zero coupon securities and pay no interest. They are issued at a discount and ar ...
... Treasury Bills: Treasury bills (T-bills) are money market instruments, i.e., short-term debt instruments issued by the Government of India, and are issued in three tenors—91 days, 182 days, and 364 days. The T-bills are zero coupon securities and pay no interest. They are issued at a discount and ar ...
Negotiable Certificates of Deposit
... regional banks located around the U.. S. Although both the money center and regional institutions sell their newly issued instruments primarily to large national and multinational investors, the former group of banks is much more -heavily involved in this market. Banks issuing negotiable CDs usually ...
... regional banks located around the U.. S. Although both the money center and regional institutions sell their newly issued instruments primarily to large national and multinational investors, the former group of banks is much more -heavily involved in this market. Banks issuing negotiable CDs usually ...
Market Quality and Contagion in Fragmented Markets
... obvious how one can infer the overall quality of a market from the spreads or volumes of individual securities. Usually this involves picking a few assets that are deemed representative of the market as a whole. Furthermore, since identical assets, or more generally payoffs, may not exist on multipl ...
... obvious how one can infer the overall quality of a market from the spreads or volumes of individual securities. Usually this involves picking a few assets that are deemed representative of the market as a whole. Furthermore, since identical assets, or more generally payoffs, may not exist on multipl ...
Special Risks in Securities Trading
... A settlement risk occurs when you have to pay the purchase price of a security in advance but do not actually receive the security until later. In this event, the risk is that you will pay the purchase price and receive the securities late or even not at all. Conversely, when you are obliged to deli ...
... A settlement risk occurs when you have to pay the purchase price of a security in advance but do not actually receive the security until later. In this event, the risk is that you will pay the purchase price and receive the securities late or even not at all. Conversely, when you are obliged to deli ...
Using the Bank Anti-Tying Provision to Curb Financial Risk
... The Dodd-Frankfinancial reform bill has not prevented further scandals and will not stop banks from selling risky products. Yet one understudied law is a surprisingly versatile device that has the potential to temper financialrisk: the Bank Holding Company Act's Anti-Tying Provision. The Anti-Tying ...
... The Dodd-Frankfinancial reform bill has not prevented further scandals and will not stop banks from selling risky products. Yet one understudied law is a surprisingly versatile device that has the potential to temper financialrisk: the Bank Holding Company Act's Anti-Tying Provision. The Anti-Tying ...
Financial equilibrium with career concerns
... hope of reselling them before they die—at even higher prices—to other bad fund managers. Their behavior is the result of an option-like payoff structure under which profits are shared with managers but losses are not. Churning thus creates the possibility of short-term speculative profits. In contra ...
... hope of reselling them before they die—at even higher prices—to other bad fund managers. Their behavior is the result of an option-like payoff structure under which profits are shared with managers but losses are not. Churning thus creates the possibility of short-term speculative profits. In contra ...
Repos - LexisNexis UK
... substantially similar to secured lending: funds are advanced against the transfer of assets, and those assets are returned upon repayment of the funds together with interest. There are, of course, differences between the two arrangements, predominantly because a repo is a title transfer arrangement, ...
... substantially similar to secured lending: funds are advanced against the transfer of assets, and those assets are returned upon repayment of the funds together with interest. There are, of course, differences between the two arrangements, predominantly because a repo is a title transfer arrangement, ...
Euromoney Institutional Investor PLC acquires Total Derivatives
... Euromoney has acquired a 67% interest in Total Derivatives from its co-founder and CEO, Ronan O’Neill, and from employee minority shareholders and financial investors. The cash consideration paid on completion of the acquisition was £6.7 million. In addition, the management team will stay with the b ...
... Euromoney has acquired a 67% interest in Total Derivatives from its co-founder and CEO, Ronan O’Neill, and from employee minority shareholders and financial investors. The cash consideration paid on completion of the acquisition was £6.7 million. In addition, the management team will stay with the b ...
Do Institutional Investors Alleviate Agency Problems
... issues are greater than stock repurchases, the repurchase amount is set to zero. Changes in repurchases are measured as the repurchases of the current year minus repurchases of the previous year, divided by the book value of assets from the previous year. Changes in dividends are measured similarly. ...
... issues are greater than stock repurchases, the repurchase amount is set to zero. Changes in repurchases are measured as the repurchases of the current year minus repurchases of the previous year, divided by the book value of assets from the previous year. Changes in dividends are measured similarly. ...
Wholesale Banking and Bank Runs in Macroeconomic Modelling of
... Gertler and Kiyotaki (2011), which had a similar two-fold objective: …rst, present a canonical framework to review progress that has been made and, second, chart a new direction. That paper characterized how existing …nancial accelerator models that featured …rm level balance sheet constraints could ...
... Gertler and Kiyotaki (2011), which had a similar two-fold objective: …rst, present a canonical framework to review progress that has been made and, second, chart a new direction. That paper characterized how existing …nancial accelerator models that featured …rm level balance sheet constraints could ...
Accounting Quality and Catastrophic Market Events.
... associated with a reduction by 10% of the average drop (this is approximately equivalent to 450 billions dollars). I also find that the effect of accounting quality is stronger during the worst crashes. To further ensure that accounting quality is not simply a proxy for a greater sensitivity to mark ...
... associated with a reduction by 10% of the average drop (this is approximately equivalent to 450 billions dollars). I also find that the effect of accounting quality is stronger during the worst crashes. To further ensure that accounting quality is not simply a proxy for a greater sensitivity to mark ...
Central Bank of the Republic of China (Taiwan)
... of 2014 and the NPL coverage ratio reached 502.87%, reflecting sound asset quality and abundant loan loss provisions. The average capital adequacy ratio of domestic banks stood at 12.34%, which was well above the statutory minimum requirement of 8%, and there was abundant liquidity in the financial ...
... of 2014 and the NPL coverage ratio reached 502.87%, reflecting sound asset quality and abundant loan loss provisions. The average capital adequacy ratio of domestic banks stood at 12.34%, which was well above the statutory minimum requirement of 8%, and there was abundant liquidity in the financial ...
Guide to Securities-Based Borrowing [92425-v3]
... ed calls generally result when you purchase securities in a margin account and do not have sufficient cash or equity on trade date. Fed calls cannot be met by market appreciation. If you do not deposit the initial equity requirements on or before the settlement date, Wells Fargo Advisors reserves ...
... ed calls generally result when you purchase securities in a margin account and do not have sufficient cash or equity on trade date. Fed calls cannot be met by market appreciation. If you do not deposit the initial equity requirements on or before the settlement date, Wells Fargo Advisors reserves ...
An Analysis of Default Risk in the Home Equity Conversion
... loans. The data includes comprehensive financial and credit report attributes not typically available for reverse mortgage borrowers. In partnership with HUD, we link these data to loan-level HECM data containing information on originations, withdrawals, and tax and insurance default outcomes. Our a ...
... loans. The data includes comprehensive financial and credit report attributes not typically available for reverse mortgage borrowers. In partnership with HUD, we link these data to loan-level HECM data containing information on originations, withdrawals, and tax and insurance default outcomes. Our a ...
Improving international access to credit markets report
... been made to ensure the accuracy and completeness of the material 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 ...
... been made to ensure the accuracy and completeness of the material 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 ...
REIT Stocks: An Underutilized Portfolio Diversifier
... to generalist investors (non-dedicated real estate investors) who have favored other industry groups, such as banks, insurance companies, and asset managers in order to fulfil their exposure to the overall financials sector. As of the end of 2015, the actively managed U.S. equity mutual fund communi ...
... to generalist investors (non-dedicated real estate investors) who have favored other industry groups, such as banks, insurance companies, and asset managers in order to fulfil their exposure to the overall financials sector. As of the end of 2015, the actively managed U.S. equity mutual fund communi ...
ReAssure guide to unit linked funds
... your policy document and schedule or from your annual statement. If you hold units in a With-Profits fund you should refer to the Principles and Practice of Financial Management (PPFM) for information regarding the management of your units. ...
... your policy document and schedule or from your annual statement. If you hold units in a With-Profits fund you should refer to the Principles and Practice of Financial Management (PPFM) for information regarding the management of your units. ...
SME Access to External Finance BIS ECONOMICS PAPER NO. 16 JANUARY 2012
... finance and grow a business without any unnecessary impediments – the Government aims to make the UK one of the best places in Europe for this. The Government has already assessed the challenges facing the UK economy and published the ambitious Plan for Growth aimed at identifying the barriers to gr ...
... finance and grow a business without any unnecessary impediments – the Government aims to make the UK one of the best places in Europe for this. The Government has already assessed the challenges facing the UK economy and published the ambitious Plan for Growth aimed at identifying the barriers to gr ...
Fear of the Unknown: Familiarity and Economic Decisions
... countries, the effects of familiarity bias on stock demand and supply offset. In these cases, equilibrium asset prices are not affected by the presence of familiarity-biased investors, and the standard CAPM relation holds with respect to the world market portfolio, although no one holds the world ma ...
... countries, the effects of familiarity bias on stock demand and supply offset. In these cases, equilibrium asset prices are not affected by the presence of familiarity-biased investors, and the standard CAPM relation holds with respect to the world market portfolio, although no one holds the world ma ...
Liquidity stress testing
... quantity effects • Example: Northern Rock setup of DGS matters (full coverage £2,000; 90% coinsurance up to an additional £33,000 runpremium= £3,300 net) ...
... quantity effects • Example: Northern Rock setup of DGS matters (full coverage £2,000; 90% coinsurance up to an additional £33,000 runpremium= £3,300 net) ...