Do Big Banks Have Lower Operating Costs?
... Notes: This table presents our methodology for classifying “other” noninterest expense items reported in the Memoranda of Schedule HI in the FR Y-9C. Panel A shows the eleven standardized subcategories of other noninterest expense (NIE) that are included in the Memoranda, and the author-defined cate ...
... Notes: This table presents our methodology for classifying “other” noninterest expense items reported in the Memoranda of Schedule HI in the FR Y-9C. Panel A shows the eleven standardized subcategories of other noninterest expense (NIE) that are included in the Memoranda, and the author-defined cate ...
Implied PDF terminology and concepts
... Options and futures contracts An option contract gives the holder the right, but not the obligation, to buy (in a call option) or sell (in a put option) a specified asset (‘the underlying asset’) at specified price (the ‘exercise price’ or ‘strike price’). In a so-called European option the holder c ...
... Options and futures contracts An option contract gives the holder the right, but not the obligation, to buy (in a call option) or sell (in a put option) a specified asset (‘the underlying asset’) at specified price (the ‘exercise price’ or ‘strike price’). In a so-called European option the holder c ...
8. Financial statements - Australian Reinsurance Pool Corporation
... comprise: a Statement by the Members, Chief Executive and Chief Financial Officer; the Statement of Comprehensive Income; Balance Sheet; Statement of Changes in Equity; Cash Flow Statement; Schedule of Commitments; Schedule of Contingencies; and Notes comprising a Summary of Significant Accounting P ...
... comprise: a Statement by the Members, Chief Executive and Chief Financial Officer; the Statement of Comprehensive Income; Balance Sheet; Statement of Changes in Equity; Cash Flow Statement; Schedule of Commitments; Schedule of Contingencies; and Notes comprising a Summary of Significant Accounting P ...
Chapter 19
... • Short-term rates are normally lower than long-term rates, so it may be cheaper to finance with short-term debt • Firms can get into trouble if rates increase quickly or if it begins to have difficulty making payments – may not be able to refinance the short-term loans ...
... • Short-term rates are normally lower than long-term rates, so it may be cheaper to finance with short-term debt • Firms can get into trouble if rates increase quickly or if it begins to have difficulty making payments – may not be able to refinance the short-term loans ...
Appendix F 151202-lgps-investment-pooling-next
... POOL 3 which is considering the best ways of accessing different asset types and different pooling models. In addition, many funds are already at various stages of discussion with other local authorities on ideas for collaboration and pooling. 2) Prepare a response to government with your initial pr ...
... POOL 3 which is considering the best ways of accessing different asset types and different pooling models. In addition, many funds are already at various stages of discussion with other local authorities on ideas for collaboration and pooling. 2) Prepare a response to government with your initial pr ...
F 385627 15 PaceUniversity FS
... Calculate Net Asset Value per Share (or Its Equivalent), to investments in alternative investments that do not have readily determinable fair values. This guidance allows, as a practical expedient, for the estimation of the fair value of investments in investment companies for which the investment d ...
... Calculate Net Asset Value per Share (or Its Equivalent), to investments in alternative investments that do not have readily determinable fair values. This guidance allows, as a practical expedient, for the estimation of the fair value of investments in investment companies for which the investment d ...
FM11 Ch 14 Instructors Manual
... would have surplus funds. As the growth rate rose above zero, these surplus funds would be used to finance growth. At some point, i.e., at some growth rate, the surplus AFN would be exactly used up. This growth rate where AFN = $0 is called the “sustainable growth rate,” and it is the maximum growth ...
... would have surplus funds. As the growth rate rose above zero, these surplus funds would be used to finance growth. At some point, i.e., at some growth rate, the surplus AFN would be exactly used up. This growth rate where AFN = $0 is called the “sustainable growth rate,” and it is the maximum growth ...
Tactical Asset Allocation with Macroeconomic Factors
... of many stocks, which addresses the issues of portfolio size and diversification highlighted by Chong and Phillips [2013]. Further, ETFs, increasing in both passive and active varieties, are well suited for investors in their quest for return-enhancement and risk management, and may already be inves ...
... of many stocks, which addresses the issues of portfolio size and diversification highlighted by Chong and Phillips [2013]. Further, ETFs, increasing in both passive and active varieties, are well suited for investors in their quest for return-enhancement and risk management, and may already be inves ...
Financial Intermediary Leverage and Value-at-Risk
... decides on the total size of its balance sheet - its total assets A - by taking on debt as necessary. The debt financing decision involves both the face value of debt D̄, as well as the market value of debt D. The repurchase price D̄ in the repo contract can be interpreted as the face value of the d ...
... decides on the total size of its balance sheet - its total assets A - by taking on debt as necessary. The debt financing decision involves both the face value of debt D̄, as well as the market value of debt D. The repurchase price D̄ in the repo contract can be interpreted as the face value of the d ...
Revised Schedule VI
... c) associates of the holding company or the ultimate holding company in aggregate; *Shares issued for consideration other than cash, Bonus shares, shares bought back (for 5Yrs). *Shares reserved for issues under options, disinvestments their terms and conditions. *Terms and earliest date of conversi ...
... c) associates of the holding company or the ultimate holding company in aggregate; *Shares issued for consideration other than cash, Bonus shares, shares bought back (for 5Yrs). *Shares reserved for issues under options, disinvestments their terms and conditions. *Terms and earliest date of conversi ...
International asset recovery
International asset recovery is any effort by governments to repatriate the proceeds of corruption hidden in foreign jurisdictions. Such assets may include monies in bank accounts, real estate, vehicles, arts and artifacts, and precious metals. As defined under the United Nations Convention against Corruption, asset recovery refers to recovering the proceeds of corruption, rather than broader terms such as asset confiscation or asset forfeiture which refer to recovering the proceeds or instrumentalities of crime in general.Often used to emphasize the ‘multi-jurisdictional’ or ‘cross-border’ aspects of a corruption investigation, international asset recovery includes numerous processes such as the tracing, freezing, confiscation, and repatriation of proceeds stored in foreign jurisdictions, thus ""making it one of the most complex projects in the field of law"". Even considering the difficulties present, Africa specialist Daniel Scher counters that international asset recovery's ""potential rewards in developing countries make it a highly attractive undertaking"".Despite domestic legislation in some countries allowing for the confiscation and forfeiture of proceeds of corruption, it is improvements in finance, transportation, and communications technologies in the 20th century that have made it easier for corrupt leaders and other “Politically Exposed Persons’ to conceal massive amounts of stolen wealth in offshore financial centers.By taking advantage of differences in legal systems, the high costs in coordinating investigations, lack of international cooperation, and bank secrecy in some recipient countries, corrupt officials have been able to preserve much of their loot overseas.