1 Trends and developments in the Spanish
... deposits (current accounts and savings and term deposits) have held up much better since 2008 (Table 6), with a cumulative decline of 3%. The fall in total deposits has been concentrated in more volatile components such as deposits of non-residents, repos, subordinated deposits and hybrid instrument ...
... deposits (current accounts and savings and term deposits) have held up much better since 2008 (Table 6), with a cumulative decline of 3%. The fall in total deposits has been concentrated in more volatile components such as deposits of non-residents, repos, subordinated deposits and hybrid instrument ...
Asset Management Fees and the Growth of Finance
... we can conclude that the benefits of scale economies have largely been directed to asset managers rather than accruing to the benefit of fund shareholders. However, one innovation in the asset management business—the index fund and its exchange-traded counterpart—has allowed the individual investor ...
... we can conclude that the benefits of scale economies have largely been directed to asset managers rather than accruing to the benefit of fund shareholders. However, one innovation in the asset management business—the index fund and its exchange-traded counterpart—has allowed the individual investor ...
background on savings institutions
... acquired. Conversely, if it is to be acquired, its stock is purchased by the acquiring institution. This process is often referred to as a merger-conversion. Some SIs have been acquired by commercial banks that wanted to diversify their operations. Even after such an acquisition, the SI may still ma ...
... acquired. Conversely, if it is to be acquired, its stock is purchased by the acquiring institution. This process is often referred to as a merger-conversion. Some SIs have been acquired by commercial banks that wanted to diversify their operations. Even after such an acquisition, the SI may still ma ...
2015
... proper understanding of risk assessment from various investment products. This could lead to underpricing of risks and accumulation of fragilities and risks to Thailand’s financial stability. 3) External risks to Thailand’s financial system stability. Global growth picked up slowly due to the slowdo ...
... proper understanding of risk assessment from various investment products. This could lead to underpricing of risks and accumulation of fragilities and risks to Thailand’s financial stability. 3) External risks to Thailand’s financial system stability. Global growth picked up slowly due to the slowdo ...
The Pros and Cons of Regulating Corporate Reporting: A Critical
... into an infrastructure designed to measure and manage systemic risk. In competing for profits, an entity will choose risk levels and make financial disclosures consistent with its shareholders’ demands, without necessarily considering consequences for the financial system as a whole. As a result, ne ...
... into an infrastructure designed to measure and manage systemic risk. In competing for profits, an entity will choose risk levels and make financial disclosures consistent with its shareholders’ demands, without necessarily considering consequences for the financial system as a whole. As a result, ne ...
DFS-J3-1541 rev0413(Investment Policy).
... rolling average, using monthly data. For existing products, probation occurs when a tracking error falls between 50 and 100 basis points and termination occurs for a tracking error greater than 100 basis points for four consecutive quarters. For measurement purposes only, the monthly prorated mutual ...
... rolling average, using monthly data. For existing products, probation occurs when a tracking error falls between 50 and 100 basis points and termination occurs for a tracking error greater than 100 basis points for four consecutive quarters. For measurement purposes only, the monthly prorated mutual ...
Bank Stress Tests and Financial Stability
... 8. Alas, in a chapter on bank stress tests, it is necessary to have some discussion of different measures of bank capital—admittedly, an arcane topic. This chapter makes reference to two types of bank capital ratios: one based on risk-weighted assets (RWA) in the denominator, called risk-based meas ...
... 8. Alas, in a chapter on bank stress tests, it is necessary to have some discussion of different measures of bank capital—admittedly, an arcane topic. This chapter makes reference to two types of bank capital ratios: one based on risk-weighted assets (RWA) in the denominator, called risk-based meas ...
Factors behind Japan`s sluggish capital investment growth
... capital investment in GDP statistics appears weaker than the actual investment activities conducted by firms due to the factors mentioned above. In other words, this paper shall explore the possibility of a discrepancy between investment recognized by companies and capital investment registered in G ...
... capital investment in GDP statistics appears weaker than the actual investment activities conducted by firms due to the factors mentioned above. In other words, this paper shall explore the possibility of a discrepancy between investment recognized by companies and capital investment registered in G ...
Government Bonds and Their Investors
... domestic private non-financial sector is broken down into non-financial corporations and direct household holdings, both of which hold very small portions of marketable government securities directly and are therefore often omitted from the analysis. The domestic financial sector is broken down into ...
... domestic private non-financial sector is broken down into non-financial corporations and direct household holdings, both of which hold very small portions of marketable government securities directly and are therefore often omitted from the analysis. The domestic financial sector is broken down into ...
Non-interest income and total income stability
... It has been widely believed that banking is a declining industry, faced with reduced demand for the intermediation services it produces. To support this view, economists have relied on data which show banks with a declining share of intermediated savings instruments, loans, and total savings of the ...
... It has been widely believed that banking is a declining industry, faced with reduced demand for the intermediation services it produces. To support this view, economists have relied on data which show banks with a declining share of intermediated savings instruments, loans, and total savings of the ...
Realpool Investment Fund - British Columbia Investment
... Comprehensive Income. The Fund’s investments are designated as FVTPL. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of financial assets and liabilities trad ...
... Comprehensive Income. The Fund’s investments are designated as FVTPL. Fair value is the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The fair value of financial assets and liabilities trad ...
Lessons from the Historical Use of Reserve Requirements in the
... With respect to solvency benefits, Tucker (1858) suggested that bank failures, such as during the Panic of 1857, were the result of “imprudence” as banks over-extended themselves and did not maintain a reserve of at least one-third of their liabilities.6 Most advocates tended to blend these ideas. Ho ...
... With respect to solvency benefits, Tucker (1858) suggested that bank failures, such as during the Panic of 1857, were the result of “imprudence” as banks over-extended themselves and did not maintain a reserve of at least one-third of their liabilities.6 Most advocates tended to blend these ideas. Ho ...
Higher Capital Requirements, Safer Banks? Milton Harris Christian C. Opp
... show that, over a wide range, increases in capital requirements may induce some banks to switch from socially beneficial activities to risk-shifting behavior. Since we do not exogenously specify the return distributions of banks’ investment opportunities, we can show that competition from outside in ...
... show that, over a wide range, increases in capital requirements may induce some banks to switch from socially beneficial activities to risk-shifting behavior. Since we do not exogenously specify the return distributions of banks’ investment opportunities, we can show that competition from outside in ...
Consumer Protection - Financial System Inquiry
... implemented through industry-developed, self-regulatory codes of practice initiated by the Government.2 These codes seek to foster good relations between institutions and their customers, for instance by requiring dispute resolution schemes, and to promote good banking practice by formalising standa ...
... implemented through industry-developed, self-regulatory codes of practice initiated by the Government.2 These codes seek to foster good relations between institutions and their customers, for instance by requiring dispute resolution schemes, and to promote good banking practice by formalising standa ...
Client Assets Key Information Document here
... Corporate Actions Risk:- the risk that corporate actions are missed by the custodians. Negligence or the perpetuation of a fraud by persons employed by either TBD, PSIL or the institution holding the assets. Misappropriation of your assets. Risks associated with pooled accounts:- Under a pooled arra ...
... Corporate Actions Risk:- the risk that corporate actions are missed by the custodians. Negligence or the perpetuation of a fraud by persons employed by either TBD, PSIL or the institution holding the assets. Misappropriation of your assets. Risks associated with pooled accounts:- Under a pooled arra ...
A Financial Crisis Manual
... households suffered higher proportional hits to their net worth. From 2007 to 2010, the median household endured a nearly 40% decline in wealth.10 Even worse, many households lost the house itself. By early 2010, about one out of every eleven mortgages was in default, and by mid-2012 over eight mill ...
... households suffered higher proportional hits to their net worth. From 2007 to 2010, the median household endured a nearly 40% decline in wealth.10 Even worse, many households lost the house itself. By early 2010, about one out of every eleven mortgages was in default, and by mid-2012 over eight mill ...
Cooperative Banks and Financial Stability
... The importance of cooperative banks—and in particular the implications of their specific nature for financial stability—has not yet received appropriate attention in the empirical literature. The literature devotes disproportionately little attention to cooperative banks in comparison with commercia ...
... The importance of cooperative banks—and in particular the implications of their specific nature for financial stability—has not yet received appropriate attention in the empirical literature. The literature devotes disproportionately little attention to cooperative banks in comparison with commercia ...
Did the Basel Process of Capital Regulation Enhance the Resiliency
... these measures, reflecting an overall enhancement in the safety and soundness of European banking systems. We find differently. The novel risk measures that we employ are currently widely discussed in academia and readily available in the public domain: i) SRISK has been developed by Brownless and E ...
... these measures, reflecting an overall enhancement in the safety and soundness of European banking systems. We find differently. The novel risk measures that we employ are currently widely discussed in academia and readily available in the public domain: i) SRISK has been developed by Brownless and E ...
beyond banks and big government
... The freedom of local government to raise taxes and borrow has changed markedly over the decades. From the late Victorian age of great municipal industrialists through to the 1970s local government had considerable autonomy. This changed during the Thatcher era, when business rates were centralised a ...
... The freedom of local government to raise taxes and borrow has changed markedly over the decades. From the late Victorian age of great municipal industrialists through to the 1970s local government had considerable autonomy. This changed during the Thatcher era, when business rates were centralised a ...
Which banks are more risky? The impact of loan growth
... substantial trading activities (Liikanen, 2012). Smaller banks with a large share of interest income, in contrast, may benefit from higher non-interest income as it may help them to diversify their income sources which should make them less dependent on overall business conditions and more stable. ...
... substantial trading activities (Liikanen, 2012). Smaller banks with a large share of interest income, in contrast, may benefit from higher non-interest income as it may help them to diversify their income sources which should make them less dependent on overall business conditions and more stable. ...