Responding to Shocks and Maintaining Stability in the West
... Union (WAEMU)? How has synchronization evolved over time? Looking at shocks affecting the WAEMU, this chapter explores whether there has been “shock convergence” (i.e., whether shocks have become less asymmetric over time). In a second part, the chapter explores the effectiveness of monetary policy ...
... Union (WAEMU)? How has synchronization evolved over time? Looking at shocks affecting the WAEMU, this chapter explores whether there has been “shock convergence” (i.e., whether shocks have become less asymmetric over time). In a second part, the chapter explores the effectiveness of monetary policy ...
EPoC 2014 European Powers of Construction
... percentage points, reaching 52.1% of total sales, while non-construction activity increased by 0.7 percentage points to 26.2%. Additionally, we have again taken a look at the main non-European construction groups, in order to draw comparisons with the figures and financial ratios recorded by our EPo ...
... percentage points, reaching 52.1% of total sales, while non-construction activity increased by 0.7 percentage points to 26.2%. Additionally, we have again taken a look at the main non-European construction groups, in order to draw comparisons with the figures and financial ratios recorded by our EPo ...
Violating the law of one price: the role of non
... 13 basis points. The impact is substantial and persistent when compared to the limited empirical evidence in the literature. Second, we find that increases in haircuts by Central Counter-party Clearing Houses (CCPs) in the fall of 2011 lead to a larger basis for Italy and Spain in periods when the E ...
... 13 basis points. The impact is substantial and persistent when compared to the limited empirical evidence in the literature. Second, we find that increases in haircuts by Central Counter-party Clearing Houses (CCPs) in the fall of 2011 lead to a larger basis for Italy and Spain in periods when the E ...
ask investment managers private limited
... [i] The present investment objectives and policies, including the types of securities in which investments are generally made Investment Philosophy ASK Investment Managers’ (ASKIM) investment philosophy revolves around two key aspects: Endeavour to preserve capital and generate long term returns. AS ...
... [i] The present investment objectives and policies, including the types of securities in which investments are generally made Investment Philosophy ASK Investment Managers’ (ASKIM) investment philosophy revolves around two key aspects: Endeavour to preserve capital and generate long term returns. AS ...
Advance America Compared to All Other
... to usury limits on banks and traditional lenders there are in effect two markets for credit. In some circumstances banks may be better capable of serving the needs of short term borrowers. However, due to usury limits these borrowers have been shut out of the market and forced to seek services in th ...
... to usury limits on banks and traditional lenders there are in effect two markets for credit. In some circumstances banks may be better capable of serving the needs of short term borrowers. However, due to usury limits these borrowers have been shut out of the market and forced to seek services in th ...
Funding Strategies of Sovereign Debt Management: A Risk
... In the context of sovereign liability management, market liquidity risk identifies the problems of selling significant quantities of a security in a quick, anonymous way with a rather small impact on the price. The size of the debt market and the composition of the investor base are crucial elements ...
... In the context of sovereign liability management, market liquidity risk identifies the problems of selling significant quantities of a security in a quick, anonymous way with a rather small impact on the price. The size of the debt market and the composition of the investor base are crucial elements ...
FSB Securities Lending and Repos: Market Overview and Financial
... Prime brokers may also borrow securities (usually fixed-income) in the inter-dealer repo market segment. ...
... Prime brokers may also borrow securities (usually fixed-income) in the inter-dealer repo market segment. ...
Lehman Brothers Bankruptcy B - Risk Limits and Stress Tests
... In March 2006 Lehman Brothers adopted a new business strategy to grow its proprietary business with a focus on commercial real estate, leveraged loans and private equity—businesses that consumed more capital, and that were generally riskier and more illiquid than Lehman’s traditional lines of busine ...
... In March 2006 Lehman Brothers adopted a new business strategy to grow its proprietary business with a focus on commercial real estate, leveraged loans and private equity—businesses that consumed more capital, and that were generally riskier and more illiquid than Lehman’s traditional lines of busine ...
FORM 10-K - corporate
... A well drilled to find and produce oil or gas in an unproved area, to find a new reservoir in a field previously found to be productive of oil or gas in another reservoir, or to extend a known reservoir. ...
... A well drilled to find and produce oil or gas in an unproved area, to find a new reservoir in a field previously found to be productive of oil or gas in another reservoir, or to extend a known reservoir. ...
Commercial Real Estate Non-Performing Loan Liquidating Trust
... upon proceeds from the liquidation of mortgaged properties, as opposed to traditional cash securitizations where cash flows from the receipt of monthly borrower remittances. As of September 1, 2010, a U.S. commercial LT has not been structured containing recent vintages of commercial loans. However, ...
... upon proceeds from the liquidation of mortgaged properties, as opposed to traditional cash securitizations where cash flows from the receipt of monthly borrower remittances. As of September 1, 2010, a U.S. commercial LT has not been structured containing recent vintages of commercial loans. However, ...
Credit Suisse AGM analysis and voting recommendations
... posting a net loss of CHF 2.71 billion. While this loss is mainly due to a provision of CHF 1.99 billion that was booked following an agreement with the DoJ, Ethos notes that the adjusted pre-tax income of CHF 615 million is not sufficient for a bank of the size of Credit Suisse. In fact, the 2016 f ...
... posting a net loss of CHF 2.71 billion. While this loss is mainly due to a provision of CHF 1.99 billion that was booked following an agreement with the DoJ, Ethos notes that the adjusted pre-tax income of CHF 615 million is not sufficient for a bank of the size of Credit Suisse. In fact, the 2016 f ...
Close Strategic Alpha Prospectus - Close Brothers Asset Management
... notifiable changes which are in the process of being implemented or which have already been implemented may not be disclosed in the current prospectus. The ACD of the Fund is the person responsible for the information contained in this Prospectus and accepts responsibility accordingly. It has taken ...
... notifiable changes which are in the process of being implemented or which have already been implemented may not be disclosed in the current prospectus. The ACD of the Fund is the person responsible for the information contained in this Prospectus and accepts responsibility accordingly. It has taken ...
Hornbeck Offshore Services, Inc. - corporate
... This Annual Report on Form 10-K contains “forward-looking statements,” as contemplated by the Private Securities Litigation Reform Act of 1995, in which the Company discusses factors it believes may affect its performance in the future. Forward-looking statements are all statements other than histor ...
... This Annual Report on Form 10-K contains “forward-looking statements,” as contemplated by the Private Securities Litigation Reform Act of 1995, in which the Company discusses factors it believes may affect its performance in the future. Forward-looking statements are all statements other than histor ...
Auditing Accounting Estimates and Fair Value
... have continued to evolve. Over the last decade, there have been changes in the financial reporting frameworks related to accounting estimates and an increasing use of fair value as a measurement attribute, along with new disclosure requirements.16 FASB's adoption of a definition of fair value for fi ...
... have continued to evolve. Over the last decade, there have been changes in the financial reporting frameworks related to accounting estimates and an increasing use of fair value as a measurement attribute, along with new disclosure requirements.16 FASB's adoption of a definition of fair value for fi ...
Financial intermediary capital
... achieved with financial intermediaries, which cannot be achieve otherwise. Financial intermediaries have constant returns in our model and hence there is a representative financial intermediary. We first consider the equilibrium spread on intermediated finance in a static environment with a represe ...
... achieved with financial intermediaries, which cannot be achieve otherwise. Financial intermediaries have constant returns in our model and hence there is a representative financial intermediary. We first consider the equilibrium spread on intermediated finance in a static environment with a represe ...
AVVISO n. 198
... any claim or any liability of the Republic to pay that claim or an acknowledgment that any ability to bring proceedings in any jurisdiction in respect of such claim or any limitation period relating thereto has been revived or reinstated, or an express or implied promise to pay any such claim (or pa ...
... any claim or any liability of the Republic to pay that claim or an acknowledgment that any ability to bring proceedings in any jurisdiction in respect of such claim or any limitation period relating thereto has been revived or reinstated, or an express or implied promise to pay any such claim (or pa ...
Word - corporate
... This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) including AMD's expected fourth quarter 2016 revenue and expected 2016 revenue, the features, functionality, timing and availability of AMD's future products; AMD's expectation that it will deliver h ...
... This press release contains forward-looking statements concerning Advanced Micro Devices, Inc. (AMD) including AMD's expected fourth quarter 2016 revenue and expected 2016 revenue, the features, functionality, timing and availability of AMD's future products; AMD's expectation that it will deliver h ...
Time-Zone Arbitrage in Vanguard International
... track trading strategy performance. The strategy they employed switched capital between a money market account and the mutual fund based on the movement of the futures market, using the S&P for the European funds and Nikkei 225 futures for the Japanese/Pacific funds. For a signal they used (1) the d ...
... track trading strategy performance. The strategy they employed switched capital between a money market account and the mutual fund based on the movement of the futures market, using the S&P for the European funds and Nikkei 225 futures for the Japanese/Pacific funds. For a signal they used (1) the d ...
2016 Annual Report Regulatory Filing PDF – 2.5MB
... “Thomson Reuters,” “we,” “us” and “our” each refers to Thomson Reuters Corporation and its consolidated subsidiaries, unless the context otherwise requires; ...
... “Thomson Reuters,” “we,” “us” and “our” each refers to Thomson Reuters Corporation and its consolidated subsidiaries, unless the context otherwise requires; ...
Ch 18
... $900,000 in exchange for a 4-year, zero-interest-bearing note with a face amount of $1,416,163. The goods have an inventory cost on SEK’s books of $590,000. Questions: (a) How much revenue should SEK Company record on July 1, 2017? (b) How much revenue should it report related to this transaction on ...
... $900,000 in exchange for a 4-year, zero-interest-bearing note with a face amount of $1,416,163. The goods have an inventory cost on SEK’s books of $590,000. Questions: (a) How much revenue should SEK Company record on July 1, 2017? (b) How much revenue should it report related to this transaction on ...
Possible Appendix/Side panel/Sidebar/Footnote(s) re: references
... When applied to an entity in the insurance business responsible for paying insurance claims, this statement illustrates well the nature of users’ need to understand the degree of variability that expected values calculated to measure the obligations an insurer has towards its policyholders may have. ...
... When applied to an entity in the insurance business responsible for paying insurance claims, this statement illustrates well the nature of users’ need to understand the degree of variability that expected values calculated to measure the obligations an insurer has towards its policyholders may have. ...
UNISDR Case Study Report
... Besides straightforward insurance and reinsurance contracts, insurance has a number of other options to insure risks. For instance, Alternative Risk Transfers (ART) offer innovative insurance products which tap much larger financial capacities available in the capital markets. VI. Liability litigati ...
... Besides straightforward insurance and reinsurance contracts, insurance has a number of other options to insure risks. For instance, Alternative Risk Transfers (ART) offer innovative insurance products which tap much larger financial capacities available in the capital markets. VI. Liability litigati ...
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.