Risk-Adjusted Performance of Private Equity Investments
... individual transactions by combing business and leverage risk. Business risk is measured by public market comparables and leverage risk is determined by the capital structure of the PE transaction, as well as the possibility of transferring risk to the lenders. The leverage risk usually changes over ...
... individual transactions by combing business and leverage risk. Business risk is measured by public market comparables and leverage risk is determined by the capital structure of the PE transaction, as well as the possibility of transferring risk to the lenders. The leverage risk usually changes over ...
Annual Financial Statements and Combined
... achieve stable profitability even in times of economic volatility. The goal of the ProCredit group is to take a leading position as the “Hausbank” for small and medium-sized businesses in each country where we operate. Through our collaboration with SMEs, we aim to contribute to creating jobs, enhan ...
... achieve stable profitability even in times of economic volatility. The goal of the ProCredit group is to take a leading position as the “Hausbank” for small and medium-sized businesses in each country where we operate. Through our collaboration with SMEs, we aim to contribute to creating jobs, enhan ...
Liquidity Coverage Ratio Completion Guide
... calculated net of any corresponding inflows that would result from contractual obligations for collateral to be provided to the credit union; this is conditioned on the credit union being legally entitled and operationally capable to re-use the collateral in new cash raising transactions once the co ...
... calculated net of any corresponding inflows that would result from contractual obligations for collateral to be provided to the credit union; this is conditioned on the credit union being legally entitled and operationally capable to re-use the collateral in new cash raising transactions once the co ...
Balance of payments, net foreign assets and foreign exchange
... Since 1990, the current account of Denmark’s balance of payments1 has shown a surplus. This follows a long period of deficits. Consequently, the foreign debt, which peaked at approximately 45 per cent of the gross domestic product, GDP, in the second half of the 1980s, has made way for net foreign a ...
... Since 1990, the current account of Denmark’s balance of payments1 has shown a surplus. This follows a long period of deficits. Consequently, the foreign debt, which peaked at approximately 45 per cent of the gross domestic product, GDP, in the second half of the 1980s, has made way for net foreign a ...
FORM 8-K - 10K Wizard
... 2 northerntrust.com | © Northern Trus t 2016 FO RWARD-LOOKING STATEME NTS T his presentation may include statements which constitu te “forward-lookin g statements” with in the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-loo king statements ...
... 2 northerntrust.com | © Northern Trus t 2016 FO RWARD-LOOKING STATEME NTS T his presentation may include statements which constitu te “forward-lookin g statements” with in the meaning of the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-loo king statements ...
1. Introduction to risk
... «People who have let Goldman say its risk management is unmatched at rivals. One consequence is that Goldman seems confident that it can take more risks than its competitors do. Its trading revenues are the most volatile among big investment banks and it has the most days when it loses money. Overal ...
... «People who have let Goldman say its risk management is unmatched at rivals. One consequence is that Goldman seems confident that it can take more risks than its competitors do. Its trading revenues are the most volatile among big investment banks and it has the most days when it loses money. Overal ...
Bear Stearns
... Political volatility, in addition to the timing of economic recovery, remains a key force on the future of the financial services industry. Questions remain about accounting scandals and corporate fraud, and only time will tell whether enough political measures have been taken to alleviate these con ...
... Political volatility, in addition to the timing of economic recovery, remains a key force on the future of the financial services industry. Questions remain about accounting scandals and corporate fraud, and only time will tell whether enough political measures have been taken to alleviate these con ...
Managing currency exposure in Australian superannuation funds
... 28 February 2014). Further, we expect there will be an increasing need to invest offshore to keep up with the Australian superannuation industry’s growth. For example, the Australian share market is currently slightly smaller than the Australian superannuation industry ($1.5 trillion vs 1.8 trillion ...
... 28 February 2014). Further, we expect there will be an increasing need to invest offshore to keep up with the Australian superannuation industry’s growth. For example, the Australian share market is currently slightly smaller than the Australian superannuation industry ($1.5 trillion vs 1.8 trillion ...
Why Do Investment Banks Continue To Fail? By: Caroline Gieryn
... money it made from bond sales (McFerrin 6). Despite being a depository institution, the Bank of Tennessee was unique in that it had no individual deposit customers. Instead, it served exclusively as a depository for municipalities and companies financed by Caldwell and Company (Wicker 33). For all i ...
... money it made from bond sales (McFerrin 6). Despite being a depository institution, the Bank of Tennessee was unique in that it had no individual deposit customers. Instead, it served exclusively as a depository for municipalities and companies financed by Caldwell and Company (Wicker 33). For all i ...
The Untangling of Client Assets at Lehman: A Year`s Progress
... Comments on the consultation paper— developed in collaboration with the Bank of England and the Financial Services Authority—are due by March 16, and the Treasury expects to issue a final report later this year with concrete proposals and a timetable for action. “The collapse of Lehman Brothers … ha ...
... Comments on the consultation paper— developed in collaboration with the Bank of England and the Financial Services Authority—are due by March 16, and the Treasury expects to issue a final report later this year with concrete proposals and a timetable for action. “The collapse of Lehman Brothers … ha ...
Asia Development, Financial Markets, Infrastructure
... average growth in the emerging world has surged to rates that are three times higher than in developed economies. This growth has largely been driven by Asian economies. A flourishing Asia has captured an increasing share of global GDP at the expense of the developed world. According to IMF estimate ...
... average growth in the emerging world has surged to rates that are three times higher than in developed economies. This growth has largely been driven by Asian economies. A flourishing Asia has captured an increasing share of global GDP at the expense of the developed world. According to IMF estimate ...
Optimal Development Policies with Financial Frictions
... wages and intermediate input prices. In the beginning of the introduction we already discussed wage suppression policies observed in South Korea during the 1960s and 1970s.10 As stated in Table 1, similar policies were also implemented in other Asian economies. Another very commonly observed policy ...
... wages and intermediate input prices. In the beginning of the introduction we already discussed wage suppression policies observed in South Korea during the 1960s and 1970s.10 As stated in Table 1, similar policies were also implemented in other Asian economies. Another very commonly observed policy ...
pse09 van der Ploeg 9563581 en
... of goods exports in 36 countries. In 18 of these, revenues from natural resources contributed more than half of total fiscal revenue (IMF 2007). These earnings figures increased enormously during the commodity boom of 2006-08, before falling back. At the same time new countries have made major resou ...
... of goods exports in 36 countries. In 18 of these, revenues from natural resources contributed more than half of total fiscal revenue (IMF 2007). These earnings figures increased enormously during the commodity boom of 2006-08, before falling back. At the same time new countries have made major resou ...
Loans Classified by Special Provision
... CRV places a ceiling on the amount the VA loan allows for the property; if the purchase price is greater than the amount cited in the CRV, the veteran must pay the difference in cash from his/her personal assets in order to purchase the property. Also, it sets forth in the contract that the veteran ...
... CRV places a ceiling on the amount the VA loan allows for the property; if the purchase price is greater than the amount cited in the CRV, the veteran must pay the difference in cash from his/her personal assets in order to purchase the property. Also, it sets forth in the contract that the veteran ...
del06 mundaca 2762891 en
... (2000), Eichenbaum, Burnside, and Rebello (2000, 2002), among others. We do not either disregard the argument made by Caballero and Krishnamurthy (2003) that the reason why firms take so much foreign currency debt is because the government implicitly insure them against currency risks when it defend ...
... (2000), Eichenbaum, Burnside, and Rebello (2000, 2002), among others. We do not either disregard the argument made by Caballero and Krishnamurthy (2003) that the reason why firms take so much foreign currency debt is because the government implicitly insure them against currency risks when it defend ...
GLOBAL PAYMENTS INC
... software license, the customer should account for the arrangement as a service contract. The guidance does not change GAAP for a customer’s accounting for service contracts. We adopted this standard as of June 1, 2016 on a prospective basis, and it was not material to our balance sheet and/or our re ...
... software license, the customer should account for the arrangement as a service contract. The guidance does not change GAAP for a customer’s accounting for service contracts. We adopted this standard as of June 1, 2016 on a prospective basis, and it was not material to our balance sheet and/or our re ...
A Policy Model to Analyze Macroprudential Regulations and Monetary Policy 2014-6
... based on their capital position. Similarly, borrowers face spreads based on their leverage positions when they receive bank loans to …nance their housing and capital purchases. Bank capital and LTV regulations a¤ect the economy primarily through their e¤ects on these funding and lending spreads. Ban ...
... based on their capital position. Similarly, borrowers face spreads based on their leverage positions when they receive bank loans to …nance their housing and capital purchases. Bank capital and LTV regulations a¤ect the economy primarily through their e¤ects on these funding and lending spreads. Ban ...
Download Full Article
... 1.1 Impact of Private Sector Banks Today, they have a market share of 20 per cent in deposits and advances. This has been achieved in a growing market, indicating that private sector banks have successfully capitalized on the growth of the Indian economy. But more than acquiring market share, the re ...
... 1.1 Impact of Private Sector Banks Today, they have a market share of 20 per cent in deposits and advances. This has been achieved in a growing market, indicating that private sector banks have successfully capitalized on the growth of the Indian economy. But more than acquiring market share, the re ...
Financialization
Financialization is a term sometimes used in discussions of the financial capitalism that has developed over the decades between 1980 and 2010, in which financial leverage tended to override capital (equity), and financial markets tended to dominate over the traditional industrial economy and agricultural economics.Financialization describes an economic system or process that attempts to reduce all value that is exchanged (whether tangible or intangible, future or present promises, etc.) into a financial instrument. The intent of financialization is to be able to reduce any work product or service to an exchangeable financial instrument, like currency, and thus make it easier for people to trade these financial instruments.Workers, through a financial instrument such as a mortgage, may trade their promise of future work or wages for a home. The financialization of risk sharing is what makes possible all insurance. The financialization of a government's promises (e.g., US government bonds) is what makes possible all government deficit spending. Financialization also makes economic rents possible.