Glass-Steagall: Some Critical Reflections
... What Congress concluded was that commercial banks must divorce themselves from their security affiliates. This was accomplished by the Glass-Steagall Act, which, in Pecora's words, "decisively rescued commercial banking from its entanglement with the extraneous business of security flotation and mar ...
... What Congress concluded was that commercial banks must divorce themselves from their security affiliates. This was accomplished by the Glass-Steagall Act, which, in Pecora's words, "decisively rescued commercial banking from its entanglement with the extraneous business of security flotation and mar ...
June 2008 Performance Review – Listed Hybrid Sector
... that displayed a high correlation to equity price falls early this year were less highly correlated this sell off and we expect that the ones that were more highly correlated this month will follow the same path in the future. We are very underweight the bank hybrid sector which has performed poorly ...
... that displayed a high correlation to equity price falls early this year were less highly correlated this sell off and we expect that the ones that were more highly correlated this month will follow the same path in the future. We are very underweight the bank hybrid sector which has performed poorly ...
European housing crisis
... Exposure to the Central and Eastern European economies (CEEE) has added another dimension to the European banking system crisis ...
... Exposure to the Central and Eastern European economies (CEEE) has added another dimension to the European banking system crisis ...
(Brokerage Fee for Government of Mauritius Securities and Bank of
... "exempt foreign investor" means a foreign investor which is a body corporate (whether open-ended or closed-ended), a unit trust or any other collective investment vehicle incorporated or otherwise established with the objective of spreading investment risk and managing assets for the benefit of shar ...
... "exempt foreign investor" means a foreign investor which is a body corporate (whether open-ended or closed-ended), a unit trust or any other collective investment vehicle incorporated or otherwise established with the objective of spreading investment risk and managing assets for the benefit of shar ...
Getting China`s regions moving
... of direct export-oriented industries is hardly an option for these regions; nearby countries like Russia, Kazakhstan, Uzbekistan, Turkmenistan, Pakistan and India, may offer opportunities, not least because of their proximity, though there are one or two political difficulties that could complicate ...
... of direct export-oriented industries is hardly an option for these regions; nearby countries like Russia, Kazakhstan, Uzbekistan, Turkmenistan, Pakistan and India, may offer opportunities, not least because of their proximity, though there are one or two political difficulties that could complicate ...
press release - Central Bank of Sri Lanka
... One of the policy measures proposed in the Road Map: Monetary and Financial Sector Policies for 2007 and Beyond announced by the Central Bank on January 2, 2007 is to issue new prudential requirements on single borrower limit of licensed banks with the objective of mitigating the banks’ credit conce ...
... One of the policy measures proposed in the Road Map: Monetary and Financial Sector Policies for 2007 and Beyond announced by the Central Bank on January 2, 2007 is to issue new prudential requirements on single borrower limit of licensed banks with the objective of mitigating the banks’ credit conce ...
the implications of the global financial crisis on the romanian
... In an economy, the banking sector should ensure attraction and concentrate of monetary resources from population and channelling them through the process of loan allocation to investments more efficient. Banks are the main channel of monetary policy transmission. The international financial crisis t ...
... In an economy, the banking sector should ensure attraction and concentrate of monetary resources from population and channelling them through the process of loan allocation to investments more efficient. Banks are the main channel of monetary policy transmission. The international financial crisis t ...
Invest In Why Mirae Asset Tax Saver Fund
... Diversied portfolio of strong growth companies at reasonable price Flexibility to invest across any themes or investment styles Portfolio will comprise of companies: Having a robust business models Enjoying sustainable competitive advantage Having high return ratios ...
... Diversied portfolio of strong growth companies at reasonable price Flexibility to invest across any themes or investment styles Portfolio will comprise of companies: Having a robust business models Enjoying sustainable competitive advantage Having high return ratios ...
Houston Paper - First International
... Firstly let us look at the banking sector. Nearly all the major money centre banks are in serious trouble, with their balance sheets destroyed by the write off of bad loans (which are assets to a bank), and the complete collapse of the credit markets. This has deprived the banks of the ability to se ...
... Firstly let us look at the banking sector. Nearly all the major money centre banks are in serious trouble, with their balance sheets destroyed by the write off of bad loans (which are assets to a bank), and the complete collapse of the credit markets. This has deprived the banks of the ability to se ...
The Great Recession
... high risk mortgages • Combined return can be high • But what happens if the high risk mortgages go bad? • No one wants to buy them—so their “real” value is uncertain • If there is no market, there is no price • As assets, CDOs suddenly become worthless • Banks don’t know how much money they have ...
... high risk mortgages • Combined return can be high • But what happens if the high risk mortgages go bad? • No one wants to buy them—so their “real” value is uncertain • If there is no market, there is no price • As assets, CDOs suddenly become worthless • Banks don’t know how much money they have ...
Understanding the Financial Crisis: Origin and Impact
... when the price of one good in the pair falls, the demand for the other good increases. Hence, the fall in mortgage rates funded by the factors discussed above serves as the first impetus to rising housing prices. Further, deregulation of banks changed banking practices. Initially, this was seen in t ...
... when the price of one good in the pair falls, the demand for the other good increases. Hence, the fall in mortgage rates funded by the factors discussed above serves as the first impetus to rising housing prices. Further, deregulation of banks changed banking practices. Initially, this was seen in t ...
Exchange Fund Results for 2003
... The reported investment return of 10.2% is computed in US dollar terms in accordance with AIMR Global Investment Performance Standards. The difference between investment return as reported and simple return is attributable primarily to the difference between gross assets at year-end and average inve ...
... The reported investment return of 10.2% is computed in US dollar terms in accordance with AIMR Global Investment Performance Standards. The difference between investment return as reported and simple return is attributable primarily to the difference between gross assets at year-end and average inve ...
Select-Investment-Option-Reporting-Marked-up-Existing-SIO
... Government debt Non Government debt ...
... Government debt Non Government debt ...
annual dinner of the chartered institute of bankers
... This came along with the Liberalization of entry and ...
... This came along with the Liberalization of entry and ...
Economics - Spring Branch ISD
... accounts that pay a higher rate of interest than do savings and checking accounts. 10. True or false; Funds placed in a CD, cannot be removed until the end of a certain time period, such as one or two years. 11. The first bankers in history were goldsmiths. ...
... accounts that pay a higher rate of interest than do savings and checking accounts. 10. True or false; Funds placed in a CD, cannot be removed until the end of a certain time period, such as one or two years. 11. The first bankers in history were goldsmiths. ...
ABI RESPONSE TO THE BANK OF ENGLAND CONSULTATION ON
... 90 per cent of the insurance market in the UK and 20 per cent across the EU. They control assets equivalent to a quarter of the UK’s capital. They are the risk managers of the UK’s economy and society. Through the ABI their voice is heard in Government and in public debate on insurance, savings, and ...
... 90 per cent of the insurance market in the UK and 20 per cent across the EU. They control assets equivalent to a quarter of the UK’s capital. They are the risk managers of the UK’s economy and society. Through the ABI their voice is heard in Government and in public debate on insurance, savings, and ...
- Macmillan Learning
... to others (who cannot be forced to repay until the end date of their loan). This is what economists call maturity transformation: converting short-term liabilities (deposits in this case) into long-term assets (bank loans that earn interest). Shadow banks, such as Lehman Brothers, also engage in mat ...
... to others (who cannot be forced to repay until the end date of their loan). This is what economists call maturity transformation: converting short-term liabilities (deposits in this case) into long-term assets (bank loans that earn interest). Shadow banks, such as Lehman Brothers, also engage in mat ...
The impact of recent changes in corporate financial reporting
... communicate with its stakeholders in the highest quality manner. • There are not too many foreign investors in region, especially B&H. It will be of great importance if existing investors and investors entering the market encourage companies to think more about transparency and IR, just as IFC is do ...
... communicate with its stakeholders in the highest quality manner. • There are not too many foreign investors in region, especially B&H. It will be of great importance if existing investors and investors entering the market encourage companies to think more about transparency and IR, just as IFC is do ...
Stable Value - Prudential Retirement
... (GICs), Separate Account GICs, and Security Backed Investment Contracts. GICs are issued by insurance companies which guarantee the return of principal and a stated rate of interest. Separate Account GICs are GICs issued by an insurance company and are maintained within a separate account. GICs are ...
... (GICs), Separate Account GICs, and Security Backed Investment Contracts. GICs are issued by insurance companies which guarantee the return of principal and a stated rate of interest. Separate Account GICs are GICs issued by an insurance company and are maintained within a separate account. GICs are ...
Economics and Moral Sentiments: The Case of Moral Hazard
... Traditionally, banks’ portfolio behaviour was constrained and monitored as a quid pro quo for LOLR Change in social character of this relationship: substitution of regulation for gentlemen’s agreement due to globalisation in banking Relaxation of regulation from the 1980s legally freed up banks as a ...
... Traditionally, banks’ portfolio behaviour was constrained and monitored as a quid pro quo for LOLR Change in social character of this relationship: substitution of regulation for gentlemen’s agreement due to globalisation in banking Relaxation of regulation from the 1980s legally freed up banks as a ...
risk-taking, gambling, speculation, and a behavioral
... Consider the modern stock market. The intrinsic value of stocks comes from their ability to pay dividends. Rapidly growing firms may forgo dividends until their growth slows. However, eventually all firms must mature, none can grow faster than the economy forever. The intrinsic value of a growth fir ...
... Consider the modern stock market. The intrinsic value of stocks comes from their ability to pay dividends. Rapidly growing firms may forgo dividends until their growth slows. However, eventually all firms must mature, none can grow faster than the economy forever. The intrinsic value of a growth fir ...
Compared to U.S. Treasury investors, should U.S. Agency MBS
... negative) were observed during the 2008-2009 global financial Sources: Amundi SB calculations, based on data from Bloomberg Indices. crisis. Although U.S. Agency Mortgages suffered no credit or liquidity issues, all spread assets dramatically underperformed U.S. However, excess returns are not free. ...
... negative) were observed during the 2008-2009 global financial Sources: Amundi SB calculations, based on data from Bloomberg Indices. crisis. Although U.S. Agency Mortgages suffered no credit or liquidity issues, all spread assets dramatically underperformed U.S. However, excess returns are not free. ...
statement of investment policy
... Security purchases and holdings shall be maintained within statutory limits imposed by Government Code. ...
... Security purchases and holdings shall be maintained within statutory limits imposed by Government Code. ...
Heikki Vitie
... The strong capital base of cooperative banks serves as a strong buffer against the financial crisis. • Long-term view does not require doing business with the minimum possible level of capital, but maintaining higher capital adequacy is acceptable. • Drastic economic downturns affect bank's earnings ...
... The strong capital base of cooperative banks serves as a strong buffer against the financial crisis. • Long-term view does not require doing business with the minimum possible level of capital, but maintaining higher capital adequacy is acceptable. • Drastic economic downturns affect bank's earnings ...
Land banking
Land banking is the practice of aggregating parcels of land for future sale or development.While in many countries land banking may refer to various private real-estate investment schemes, in the United States it refers to the establishment of quasi-governmental county or municipal authorities purposed with managing an inventory of surplus land.