Topic 1. Introduction to financial derivatives
... Investment portfolio – contains assets and liabilities that are relatively illiquid and held for longer periods. Trading portfolio – contains assets, liabilities and derivatives contracts that can be quickly brought or sold on organized financial markets. ...
... Investment portfolio – contains assets and liabilities that are relatively illiquid and held for longer periods. Trading portfolio – contains assets, liabilities and derivatives contracts that can be quickly brought or sold on organized financial markets. ...
M. Singer: The economic and financial crisis from the point of view of
... • Option of using govt bonds as collateral in such operations in order to increase liquidity • CNB and FinMin planning to introduce HTM for insurers and pension funds The measures taken have improved the functioning of the financial market; the present instruments seem adequate and there are no sign ...
... • Option of using govt bonds as collateral in such operations in order to increase liquidity • CNB and FinMin planning to introduce HTM for insurers and pension funds The measures taken have improved the functioning of the financial market; the present instruments seem adequate and there are no sign ...
Asia Business Conference 2014 Keynote Address by Masamichi Kono
... financial systems and markets in Asia could provide the stable and sufficient funds necessary for growth and development in Asia, particularly in fulfilling its needs for long-term investment in in infrastructure. 4. Challenges for International Financial Regulatory Reform (1) International financia ...
... financial systems and markets in Asia could provide the stable and sufficient funds necessary for growth and development in Asia, particularly in fulfilling its needs for long-term investment in in infrastructure. 4. Challenges for International Financial Regulatory Reform (1) International financia ...
The Failure of US Neoliberalism: Financial Panic, Economic
... • Reduce the debt, reduce deficits–or we’ll become Greece and won’t be able to pay our debts! – A country that controls the creation of its own currency and borrows in that same currency cannot run out of money. ...
... • Reduce the debt, reduce deficits–or we’ll become Greece and won’t be able to pay our debts! – A country that controls the creation of its own currency and borrows in that same currency cannot run out of money. ...
insurers represent 40% of banks` market cap In USA: insurers
... The economic crisis has been a result of the financial crisis The financial crisis has NOT been caused by the insurance activity Insurance has performed very differently from Banking Some investment bank and hedge fund activities could be considered a key factor in the crisis Insurers are victims, n ...
... The economic crisis has been a result of the financial crisis The financial crisis has NOT been caused by the insurance activity Insurance has performed very differently from Banking Some investment bank and hedge fund activities could be considered a key factor in the crisis Insurers are victims, n ...
Global liquidity: where do we stand?
... They raised policy rates in 2010–11 as global trade recovered and inflationary pressures became evident. But starting in the latter half of 2012, they have been lowering their policy rates. As a result, not only are short-term interest rates on average substantially negative in real terms in the adv ...
... They raised policy rates in 2010–11 as global trade recovered and inflationary pressures became evident. But starting in the latter half of 2012, they have been lowering their policy rates. As a result, not only are short-term interest rates on average substantially negative in real terms in the adv ...
Commercial paper Davenport
... This material has been prepared for information purposes only and is not a solicitation of any offer to buy or sell any security/instrument or to participate in any trading strategy. Any such offer would be made only after a prospective participant had completed its own independent investigation of ...
... This material has been prepared for information purposes only and is not a solicitation of any offer to buy or sell any security/instrument or to participate in any trading strategy. Any such offer would be made only after a prospective participant had completed its own independent investigation of ...
H G I M
... IMSCI,t, ␣Mexico,t is the week t risk-adjusted profit on Mexico’s investment opportunities; Mexico,t is the week t measure of the Mexican market’s sensitivity to changes in the global market; and Mexico,t is the part of Mexico’s index return that is not explained by changes in the global index.5 I ...
... IMSCI,t, ␣Mexico,t is the week t risk-adjusted profit on Mexico’s investment opportunities; Mexico,t is the week t measure of the Mexican market’s sensitivity to changes in the global market; and Mexico,t is the part of Mexico’s index return that is not explained by changes in the global index.5 I ...
PDF format
... containing the contraction of economic activity through mitigating the fear of liquidity dry-up, which firms worry. In fact, since the announcement of the measure in December, the issuing environment of CP has somewhat improved. However, the outright purchases of CP are an extraordinary measure in t ...
... containing the contraction of economic activity through mitigating the fear of liquidity dry-up, which firms worry. In fact, since the announcement of the measure in December, the issuing environment of CP has somewhat improved. However, the outright purchases of CP are an extraordinary measure in t ...
Financial Repression Financial repression refers to the notion that a
... Ronald McKinnon (1973) and Edward Shaw (1973) were the first to explicate the notion of financial repression. While theoretically an economy with an efficient financial system can achieve growth and development through efficient capital allocation, McKinnon and Shaw argue that historically, many cou ...
... Ronald McKinnon (1973) and Edward Shaw (1973) were the first to explicate the notion of financial repression. While theoretically an economy with an efficient financial system can achieve growth and development through efficient capital allocation, McKinnon and Shaw argue that historically, many cou ...
full text
... financial regulation, and defective corporate governance. For the same reason, prevention of future crises is not a simple matter. The financial crisis began in the United States with a housing price bubble and risky mortgages. Mortgages seemed like solid investments while housing prices rose, but l ...
... financial regulation, and defective corporate governance. For the same reason, prevention of future crises is not a simple matter. The financial crisis began in the United States with a housing price bubble and risky mortgages. Mortgages seemed like solid investments while housing prices rose, but l ...
Chapter 22
... Federal Funds versus Repo Rate Fed funds rate and repo rate are tied together because both are a means for a bank to borrow. Fed funds rate is higher because fed funds are borrowed on an unsecured basis. In repo, the lender has security as collateral. ...
... Federal Funds versus Repo Rate Fed funds rate and repo rate are tied together because both are a means for a bank to borrow. Fed funds rate is higher because fed funds are borrowed on an unsecured basis. In repo, the lender has security as collateral. ...
In Rescue to Stabilize Lending, U.S. Takes Over Mortgage Finance
... significant amounts of their mortgage-backed securities on the open market, beginning with the purchase of $5 billion worth this month. This step, never before undertaken by the government, could begin to restore some confidence in the credit markets and lead to lower interest rates for home mortgag ...
... significant amounts of their mortgage-backed securities on the open market, beginning with the purchase of $5 billion worth this month. This step, never before undertaken by the government, could begin to restore some confidence in the credit markets and lead to lower interest rates for home mortgag ...
Function of Financial Markets
... intermediaries (banks, insurance companies, pension funds) have the basic function of getting people such as you and Walter together by moving funds from those who have a surplus of funds (Walter) to those who have a shortage of funds (you). More realistically, when IBM invents a better computer, it ...
... intermediaries (banks, insurance companies, pension funds) have the basic function of getting people such as you and Walter together by moving funds from those who have a surplus of funds (Walter) to those who have a shortage of funds (you). More realistically, when IBM invents a better computer, it ...
ppt
... Cross-listing shares on more than one stock exchange can increase demand and enhance share price U.S. companies listing abroad experience less of an adverse price reaction than similar companies issuing equity in the United States Non-U.S. companies listing in the United States often increase in ...
... Cross-listing shares on more than one stock exchange can increase demand and enhance share price U.S. companies listing abroad experience less of an adverse price reaction than similar companies issuing equity in the United States Non-U.S. companies listing in the United States often increase in ...
the challenge of measuring financial stress. case study for
... The first year when both criteria are met is the year when the banking crises becomes systemic. Regarding the second criteria, the policy interventions in the banking sector are considered significant if at least three out of the following six measures have been used: ”1) extensive liquidity support ...
... The first year when both criteria are met is the year when the banking crises becomes systemic. Regarding the second criteria, the policy interventions in the banking sector are considered significant if at least three out of the following six measures have been used: ”1) extensive liquidity support ...
presentation at 4th africa governance and leadership convention
... performance and policy environment over the years: ◦ The average growth rate in Sub-Saharan Africa (SSA) was 5.4 and 4.9 percent in 2011 and 2012, respectively, up from a growth rate of 0.3 percent during 1990-2002 ◦ The business environment has improved in recent years – the legal and regulatory fr ...
... performance and policy environment over the years: ◦ The average growth rate in Sub-Saharan Africa (SSA) was 5.4 and 4.9 percent in 2011 and 2012, respectively, up from a growth rate of 0.3 percent during 1990-2002 ◦ The business environment has improved in recent years – the legal and regulatory fr ...
Should banks be allowed to go into bankruptcy
... As discussed in the introductions, the Icelandic country had a big economic meltdown when their largest financial institutes all collapsed at once during 2008. Going in to the year 2008, Iceland’s three largest banks had accrued a debt of more than eight times of GDP. When the financial crisis start ...
... As discussed in the introductions, the Icelandic country had a big economic meltdown when their largest financial institutes all collapsed at once during 2008. Going in to the year 2008, Iceland’s three largest banks had accrued a debt of more than eight times of GDP. When the financial crisis start ...
international financial markets
... no net transfer of capital from one country to another. Feldstein argues that the segmented nature of the world capital market is confirmed by the strong, homecountry bias of institutional portfolios. Only 10 per cent of the value of assets in the 500 largest institutional portfolios in the world is ...
... no net transfer of capital from one country to another. Feldstein argues that the segmented nature of the world capital market is confirmed by the strong, homecountry bias of institutional portfolios. Only 10 per cent of the value of assets in the 500 largest institutional portfolios in the world is ...
In Practice The negative impact of complex corporate structures in
... Suffice to say that exploring this would have been beyond the means and ability of most, if not all of them. And there was no UK bank held security over the THL Group’s assets, imposing any control or discipline, which may or may not have escaped the notice of its creditors. So here too, creditors w ...
... Suffice to say that exploring this would have been beyond the means and ability of most, if not all of them. And there was no UK bank held security over the THL Group’s assets, imposing any control or discipline, which may or may not have escaped the notice of its creditors. So here too, creditors w ...
Colorado Springs Press Release
... services practice – Resolute Investment Advisors, LLC (RIA). The managing partners of this new group are Todd Baker and Brad Harvey, formerly of UBS Financial Services. Both Todd and Brad have been working in the financial services industry for over 20 years and were determined to open an independen ...
... services practice – Resolute Investment Advisors, LLC (RIA). The managing partners of this new group are Todd Baker and Brad Harvey, formerly of UBS Financial Services. Both Todd and Brad have been working in the financial services industry for over 20 years and were determined to open an independen ...
Accounting degree
... This training is available in Helsinki and Oulu, and can also be tailored tailored to specific companies or groups. The training is suitable for ...
... This training is available in Helsinki and Oulu, and can also be tailored tailored to specific companies or groups. The training is suitable for ...
Financial Crisis and the "Big Bang"
... individual company management. Of course the company in general will have benefits of lower cost, better products and improved services in dealing with financial institutions which will be put under real competition. It should be pointed, however, that when the financial institutions are driven to a ...
... individual company management. Of course the company in general will have benefits of lower cost, better products and improved services in dealing with financial institutions which will be put under real competition. It should be pointed, however, that when the financial institutions are driven to a ...