(Il Sole 24 Ore Radiocor) -
... intra-European currency turbulence that would otherwise have aggravated the situation in Europe. Nevertheless, we in the monetary union now face a decisive moment. The fallout from the crisis is becoming ever more visible, labour markets in some countries are languishing and government debt almost e ...
... intra-European currency turbulence that would otherwise have aggravated the situation in Europe. Nevertheless, we in the monetary union now face a decisive moment. The fallout from the crisis is becoming ever more visible, labour markets in some countries are languishing and government debt almost e ...
Q1 Thoughts on the Market
... real estate can continue to deliver such strong returns. Increases in interest rates will naturally cause mortgage rates to rise and there is a concern that this will hinder home prices. However, investors tempered this fear with the knowledge that real estate benefits from an improving economy. Rat ...
... real estate can continue to deliver such strong returns. Increases in interest rates will naturally cause mortgage rates to rise and there is a concern that this will hinder home prices. However, investors tempered this fear with the knowledge that real estate benefits from an improving economy. Rat ...
CDS Trading under MiFID II FAQ
... single and competitive market in financial services across all EU member states. The European Commission regards the revision of MiFID as a major part of the continuing structural reforms it considers are needed following the global financial crisis. MiFID II includes requirements for ‘best executio ...
... single and competitive market in financial services across all EU member states. The European Commission regards the revision of MiFID as a major part of the continuing structural reforms it considers are needed following the global financial crisis. MiFID II includes requirements for ‘best executio ...
Introduction - International Insurance Society
... • Entering new markets and growing in existing ones is an area of major interest within the insurance industry across the globe • Insurance market growth rates in emerging markets are far in excess of those available in most developed countries Corporate managers face a number of important strategic ...
... • Entering new markets and growing in existing ones is an area of major interest within the insurance industry across the globe • Insurance market growth rates in emerging markets are far in excess of those available in most developed countries Corporate managers face a number of important strategic ...
Australian cash rate on hold – bank mortgage
... that the next move will be a rate hike but not until second half 2018. Another rate cut looks unlikely because: economic growth is okay – having bounced back in the December quarter after a temporary slump; national income is up from its lows thanks to higher commodity prices; the RBA expects ...
... that the next move will be a rate hike but not until second half 2018. Another rate cut looks unlikely because: economic growth is okay – having bounced back in the December quarter after a temporary slump; national income is up from its lows thanks to higher commodity prices; the RBA expects ...
Open Economy IS/LM Model
... 1. how to extend the IS-LM model to an open economy 2. how to analyze monetary and fiscal policy in an open economy 3. why the Central Bank loses control over the money supply under fixed exchange rates Note: All this is for the short run. ...
... 1. how to extend the IS-LM model to an open economy 2. how to analyze monetary and fiscal policy in an open economy 3. why the Central Bank loses control over the money supply under fixed exchange rates Note: All this is for the short run. ...
Credit, commodities and currencies
... I am very happy to be back at the LSE. I was here in the same lecture theatre in 2005 when I was chairman of the Basel Committee on Banking Supervision to deliver an update on banking regulation. Then, as now, the LSE was at the forefront of the economic debates facing policymakers, and I remember s ...
... I am very happy to be back at the LSE. I was here in the same lecture theatre in 2005 when I was chairman of the Basel Committee on Banking Supervision to deliver an update on banking regulation. Then, as now, the LSE was at the forefront of the economic debates facing policymakers, and I remember s ...
“Games are won by players who focus on the playing field — not by
... most recent polls and pundit predictions. While the U.K.’s exit is a major political event, investors should not alter their portfolios based on this or any other political event. From time to time, major political and economic events occur, but their economic impact on companies operating on a glob ...
... most recent polls and pundit predictions. While the U.K.’s exit is a major political event, investors should not alter their portfolios based on this or any other political event. From time to time, major political and economic events occur, but their economic impact on companies operating on a glob ...
Advanced Practicum in Investment Management (FBE453a and
... portfolio theory and practice, as well as behavioral finance. You will get to learn the analytical framework for the valuation of stocks and bonds, risk management, portfolio optimization, and performance attribution. You will be a real money manager and produce industry reports, company research re ...
... portfolio theory and practice, as well as behavioral finance. You will get to learn the analytical framework for the valuation of stocks and bonds, risk management, portfolio optimization, and performance attribution. You will be a real money manager and produce industry reports, company research re ...
EGESIF_15_0012-00 Combination of support
... subsidies, and guarantee fee subsidies) with a financial instrument under Article 37(7) CPR are: 1. The other forms of support (including technical support, interest rate subsidies, and guarantee fee subsidies) must be directly related to the financial instrument; 2. The financial instrument and the ...
... subsidies, and guarantee fee subsidies) with a financial instrument under Article 37(7) CPR are: 1. The other forms of support (including technical support, interest rate subsidies, and guarantee fee subsidies) must be directly related to the financial instrument; 2. The financial instrument and the ...
The banking sector in Poland
... the end of 2012 it exceeded 12%. ROA ratio at the end of 2012 was only 1.2%. Before the crisis it was close to 1.7% in 2007. In 2009 it was only 0.8%13. Moreover, during last 5 years interest expenses declined by approximately 19%. As a result net income increased over 57%. Net income from banking a ...
... the end of 2012 it exceeded 12%. ROA ratio at the end of 2012 was only 1.2%. Before the crisis it was close to 1.7% in 2007. In 2009 it was only 0.8%13. Moreover, during last 5 years interest expenses declined by approximately 19%. As a result net income increased over 57%. Net income from banking a ...
Document
... where, as usual, T is the time to maturity of the contract and r is the risk-free rate for a maturity T . To see why equation ?? is correct, we compare a long forward contract has a delivery price of K. The difference between the two is only in the amount that will be paid for the underlying asset a ...
... where, as usual, T is the time to maturity of the contract and r is the risk-free rate for a maturity T . To see why equation ?? is correct, we compare a long forward contract has a delivery price of K. The difference between the two is only in the amount that will be paid for the underlying asset a ...
Chapter 27 Risk Management and Financial Engineering
... inflows. Some firms have revenue streams that are sensitive to changes in interest rates. For example, a building products manufacturer may experience lower demand when interest rates increase. This is an example of economic exposure, the risk that a change in prices will negatively impact the value o ...
... inflows. Some firms have revenue streams that are sensitive to changes in interest rates. For example, a building products manufacturer may experience lower demand when interest rates increase. This is an example of economic exposure, the risk that a change in prices will negatively impact the value o ...
New Economy and Its Challenge to Financial Intermediation and
... markets more competitive, and to affect trade. Markets become transparent, liquidity improves and transaction costs are expected to fall. For example, OECD (2000) estimates that by transferring bank transactions to the net the cost per transaction diminishes 90%. The purpose of this selective survey ...
... markets more competitive, and to affect trade. Markets become transparent, liquidity improves and transaction costs are expected to fall. For example, OECD (2000) estimates that by transferring bank transactions to the net the cost per transaction diminishes 90%. The purpose of this selective survey ...
2016205 Jaime Caruana Transcript_updated
... I am very happy to be back at the LSE. I was here in the same lecture theatre in 2005 when I was chairman of the Basel Committee on Banking Supervision to deliver an update on banking regulation. Then, as now, the LSE was at the forefront of the economic debates facing policymakers, and I remember s ...
... I am very happy to be back at the LSE. I was here in the same lecture theatre in 2005 when I was chairman of the Basel Committee on Banking Supervision to deliver an update on banking regulation. Then, as now, the LSE was at the forefront of the economic debates facing policymakers, and I remember s ...
Prudential Short Duration High Yield Income Fund
... Mutual funds are distributed by Prudential Investment Management Services LLC (PIMS) and member SIPC. PGIM Fixed Income is a unit of PGIM, a registered investment advisor. PIMS and PGIM are Prudential Financial companies. © 2017 Prudential Financial, Inc. and its related entities. PGIM and the PGIM ...
... Mutual funds are distributed by Prudential Investment Management Services LLC (PIMS) and member SIPC. PGIM Fixed Income is a unit of PGIM, a registered investment advisor. PIMS and PGIM are Prudential Financial companies. © 2017 Prudential Financial, Inc. and its related entities. PGIM and the PGIM ...
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.