ICPAK-Impairment of Assets
... instruments cont’d Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. They arise when the Society provides money, goods or services directly to a customer with no intention of trading the receivable Available for ...
... instruments cont’d Loans and receivables are non-derivative financial assets with fixed or determinable payments that are not quoted in an active market. They arise when the Society provides money, goods or services directly to a customer with no intention of trading the receivable Available for ...
Blackstone is pleased to offer the following Market Commentary by
... 10, but the median price-earnings ratio could drop to 13, making the market today somewhat overvalued rather than undervalued. I am not quite ready to go there yet, but I wanted to introduce it as a possibility. The argument against this is that interest rates may stay low for a long time making equ ...
... 10, but the median price-earnings ratio could drop to 13, making the market today somewhat overvalued rather than undervalued. I am not quite ready to go there yet, but I wanted to introduce it as a possibility. The argument against this is that interest rates may stay low for a long time making equ ...
USF Conference: Beyond the Asian Crisis: Architecture for Global Reform
... Asia, and the worsening problems in Russia and Brazil all made it clear there was increased risk in the U.S. outlook. a. ...
... Asia, and the worsening problems in Russia and Brazil all made it clear there was increased risk in the U.S. outlook. a. ...
European housing crisis
... Exposure to the Central and Eastern European economies (CEEE) has added another dimension to the European banking system crisis ...
... Exposure to the Central and Eastern European economies (CEEE) has added another dimension to the European banking system crisis ...
Research on the Relationship Between Financial Structure and
... banks and other financial institutions. The Structure-Size measures the size of stock market relative to the rest of the financial sector (bank and non-bank institutions). The aggregate measure of financial structure (FS) is the weighted sum of all the principal components of the two variables SA an ...
... banks and other financial institutions. The Structure-Size measures the size of stock market relative to the rest of the financial sector (bank and non-bank institutions). The aggregate measure of financial structure (FS) is the weighted sum of all the principal components of the two variables SA an ...
See the Presentation
... calls. For instance, several German banks, over one weekend, cobbled together more than $11 billion to bailout IKB, a troubled German lender. According to Jochen Sanio, president of Bafin, that country’s financial regulator, the rescue was necessary to avoid “the worst banking crisis since 1931.” Th ...
... calls. For instance, several German banks, over one weekend, cobbled together more than $11 billion to bailout IKB, a troubled German lender. According to Jochen Sanio, president of Bafin, that country’s financial regulator, the rescue was necessary to avoid “the worst banking crisis since 1931.” Th ...
Capital Markets Briefing (Lothar Mentel, CIO)
... used to the aftermath, which will likely be at best a lengthy period of low growth, or at worst, a formidable ...
... used to the aftermath, which will likely be at best a lengthy period of low growth, or at worst, a formidable ...
Rise and Fall of the KLCI Index (1984 - 2014)
... value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The United States entered recession in July 1990, which lasted 8 months through March 1991. Although the recession was mild ...
... value in a very short time. The crash began in Hong Kong and spread west to Europe, hitting the United States after other markets had already declined by a significant margin. The United States entered recession in July 1990, which lasted 8 months through March 1991. Although the recession was mild ...
Excerpt from Baupost Group 2007 Year
... different from the agony of those who had invested at the 1929 peak. We will not be certain until much later whether the so-called bargains of January 2008 were truly undervalued or merely dangerous temptations to value-starved investors. Other reckonings are under way as well. Managers of money mar ...
... different from the agony of those who had invested at the 1929 peak. We will not be certain until much later whether the so-called bargains of January 2008 were truly undervalued or merely dangerous temptations to value-starved investors. Other reckonings are under way as well. Managers of money mar ...
as file - Meetings, agendas, and minutes
... not knowing who may still hold undeclared or not fully declared ‘toxic’ assets, such as sub prime mortgages or other junk debt, which would put their capital base at risk. Thus, three month sterling LIBOR is 5.56% against the Bank of England’s rate of 3.0%, the three month US$ LIBOR is 2.39% against ...
... not knowing who may still hold undeclared or not fully declared ‘toxic’ assets, such as sub prime mortgages or other junk debt, which would put their capital base at risk. Thus, three month sterling LIBOR is 5.56% against the Bank of England’s rate of 3.0%, the three month US$ LIBOR is 2.39% against ...
Report - Polished Prices
... The Singapore diamond investment exchange is designed to deliver price transparency and liquidity to the market. It will provide a self-regulated marketplace for traders, investors and retailers to acquire stones at a market price that is driven by real transactional data. Further it will result in ...
... The Singapore diamond investment exchange is designed to deliver price transparency and liquidity to the market. It will provide a self-regulated marketplace for traders, investors and retailers to acquire stones at a market price that is driven by real transactional data. Further it will result in ...
China – a straggler - o|n MacroIntelligence
... pattern. The diagram below presents a selection of countries, with stock market capitalisation versus domestic credit to the corporate sector on one axis. Along the other, it combines the two forms of corporate financing relative to GDP to reflect the level of development of the financial system (be ...
... pattern. The diagram below presents a selection of countries, with stock market capitalisation versus domestic credit to the corporate sector on one axis. Along the other, it combines the two forms of corporate financing relative to GDP to reflect the level of development of the financial system (be ...
Financial Assistance Request Application
... potentially catastrophic event that causes severe financial hardship. Typically, these hardships are the result of a job loss, an accident, illness or death in the immediate family that prevents the normal operation of one’s life and family. The Benevolence Fund is designed to assist with needs up t ...
... potentially catastrophic event that causes severe financial hardship. Typically, these hardships are the result of a job loss, an accident, illness or death in the immediate family that prevents the normal operation of one’s life and family. The Benevolence Fund is designed to assist with needs up t ...
HFG 2015 Review and 2016 Outlook
... volatility given that the average business cycle has historically run 4 to 6 years. The end of a growth cycle is not necessarily cause for great concern nor should it shake the resolve of the long term investor. However, given the new normal of continuous perceived frailty of global economics, one c ...
... volatility given that the average business cycle has historically run 4 to 6 years. The end of a growth cycle is not necessarily cause for great concern nor should it shake the resolve of the long term investor. However, given the new normal of continuous perceived frailty of global economics, one c ...
Risk transfer mechanisms
... – Enhancing yields: Decline in interest rates across the board in combination with lower supply of sovereigns have increased end-investors’ demand for new instruments. – Return on Capital: Deploy capital more efficiently - obtain higher risk adjusted returns. ...
... – Enhancing yields: Decline in interest rates across the board in combination with lower supply of sovereigns have increased end-investors’ demand for new instruments. – Return on Capital: Deploy capital more efficiently - obtain higher risk adjusted returns. ...
On Moral Hazard and Macroeconomics
... can help reduce the adverse-selection problem in selling new equity. Capital = Assets − Liabilities = Owners' value. Under Basel rules, regulators let banks have less capital when they hold assets that are considered safe: Capital ≥ ∑ assets × riskweights When some "safe" assets are not, first their ...
... can help reduce the adverse-selection problem in selling new equity. Capital = Assets − Liabilities = Owners' value. Under Basel rules, regulators let banks have less capital when they hold assets that are considered safe: Capital ≥ ∑ assets × riskweights When some "safe" assets are not, first their ...
Revision 1 – Financial Management, Financial Objectives and
... have become strong-form efficient. The financial press has reported that it expects the Central Bank to make a substantial increase in interest rate in the near future in response to rapidly increasing consumer demand and a sharp rise in inflation. The financial press has also reported that the rapi ...
... have become strong-form efficient. The financial press has reported that it expects the Central Bank to make a substantial increase in interest rate in the near future in response to rapidly increasing consumer demand and a sharp rise in inflation. The financial press has also reported that the rapi ...
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.