The Politics of Central Banking and Implications for Regulatory
... bility. The extent to which a central bank plays this stabilising role is reflected in the stringency of prudential regulation. Prudential policies typically seek to build up sufficient capital in financial institutions for them to cover expected and unexpected losses, achieve or maintain a manageab ...
... bility. The extent to which a central bank plays this stabilising role is reflected in the stringency of prudential regulation. Prudential policies typically seek to build up sufficient capital in financial institutions for them to cover expected and unexpected losses, achieve or maintain a manageab ...
Côte d`Ivoire - African Development Bank
... The performance of the banks, insurance companies, the CAA and the stock exchange were outstanding. These institutions were able to implement structural and organizational reforms and develop a new commercial policy which has resulted in the achievement of very satisfactory financial results over th ...
... The performance of the banks, insurance companies, the CAA and the stock exchange were outstanding. These institutions were able to implement structural and organizational reforms and develop a new commercial policy which has resulted in the achievement of very satisfactory financial results over th ...
Real Regulatory Capital Management and Dividend Payout
... payment of dividends out of realized gains leaves risky assets on banks’ balance sheet and depletes safe capital assets, thus increasing solvency risk and decreasing the overall financial solidity of the banks. Moreover, dividends transfer wealth from a bank to its owners, thus representing an asset ...
... payment of dividends out of realized gains leaves risky assets on banks’ balance sheet and depletes safe capital assets, thus increasing solvency risk and decreasing the overall financial solidity of the banks. Moreover, dividends transfer wealth from a bank to its owners, thus representing an asset ...
PDP-Working Paper
... To complement these efforts, further development of a market for restructuring NPLs in Italy would allow banks to more rapidly and efficiently address their distressed assets.3 As seen in other countries, involving outside investors in either directly purchasing NPLs or working with banks to restruc ...
... To complement these efforts, further development of a market for restructuring NPLs in Italy would allow banks to more rapidly and efficiently address their distressed assets.3 As seen in other countries, involving outside investors in either directly purchasing NPLs or working with banks to restruc ...
The Effect of Sunk Costs on the Outcome of
... “Repo Markets, Counterparty Risk, and the 2007/2008 Liquidity Crisis” NASM, June 20, 2008, Christian Ewerhart, University of Zurich ...
... “Repo Markets, Counterparty Risk, and the 2007/2008 Liquidity Crisis” NASM, June 20, 2008, Christian Ewerhart, University of Zurich ...
a democratic reformation of finance
... recognise here the UK has vital comparative advantages in many areas of financial activity, such as insurance, asset management and primary equity issuance. We believe that what we propose will actually help those sectors to prosper. Nonetheless, our earlier report found that particular types of fin ...
... recognise here the UK has vital comparative advantages in many areas of financial activity, such as insurance, asset management and primary equity issuance. We believe that what we propose will actually help those sectors to prosper. Nonetheless, our earlier report found that particular types of fin ...
impact on the stability of European banks Anissa
... The capital buffer (Kalbuffer) is measured as the “excess-capital to risk-weighted asset” ratio. We choose to use the capital buffer rather than the level of actual capital since, as shown earlier; most European banks hold a capital to asset ratio well above the required minimum level defined by the ...
... The capital buffer (Kalbuffer) is measured as the “excess-capital to risk-weighted asset” ratio. We choose to use the capital buffer rather than the level of actual capital since, as shown earlier; most European banks hold a capital to asset ratio well above the required minimum level defined by the ...
measuring the services of commercial banks in the
... Applied to banks, the usual treatment of interest flows would yield a negative contribution to national income. Moreover, much of the value of the services that banks provide to their customers would be missed by the NIPAs. To avoid these results, an imputation for implicit financial services produc ...
... Applied to banks, the usual treatment of interest flows would yield a negative contribution to national income. Moreover, much of the value of the services that banks provide to their customers would be missed by the NIPAs. To avoid these results, an imputation for implicit financial services produc ...
stability report
... spreads. The Federal Reserve’s large holdings of longerterm securities have continued to exert downward pressure on longer-term interest rates, thereby supporting mortgage Financial Stability Report - 2015 ...
... spreads. The Federal Reserve’s large holdings of longerterm securities have continued to exert downward pressure on longer-term interest rates, thereby supporting mortgage Financial Stability Report - 2015 ...
Report
... Repurchase price > original sale price, the difference representing interest, the “repo rate” Seller is a borrower, using securities as collateral for a cash loan at specified interest rate The buyer acts as a lender ...
... Repurchase price > original sale price, the difference representing interest, the “repo rate” Seller is a borrower, using securities as collateral for a cash loan at specified interest rate The buyer acts as a lender ...
Competition among Financial Intermediaries When
... it will take time to convince the investors that the bank is both expanding and choosing the less risky strategy. Finally, there may be diseconomies of scale (e.g., from managing larger numbers of employees and managers), so that intermediary performance eventually begins to deteriorate with size. A ...
... it will take time to convince the investors that the bank is both expanding and choosing the less risky strategy. Finally, there may be diseconomies of scale (e.g., from managing larger numbers of employees and managers), so that intermediary performance eventually begins to deteriorate with size. A ...
Are Islamic banks better immunized than Conventional banks in the
... They are obliged to take active part in the business and opt for sharing profits as well as losses since interest based investments and borrowings are not permitted in Islam. Since, Islamic banks can not charge a fixed return unrelated with their client’s operations, it may seem that Islamic banks f ...
... They are obliged to take active part in the business and opt for sharing profits as well as losses since interest based investments and borrowings are not permitted in Islam. Since, Islamic banks can not charge a fixed return unrelated with their client’s operations, it may seem that Islamic banks f ...
Chairman and CEO letter to shareholders
... appropriate — and we do — and if we believe we can continue to deploy this capital at an approximate 15% return on tangible equity, which we do, then our company should ultimately be worth considerably more than tangible book value. If you look at the chart below, you’ll see that tangible book value ...
... appropriate — and we do — and if we believe we can continue to deploy this capital at an approximate 15% return on tangible equity, which we do, then our company should ultimately be worth considerably more than tangible book value. If you look at the chart below, you’ll see that tangible book value ...
Systemic banks, capital composition and CoCo bonds issuance: The
... generally led to higher capital ratios. We focus particularly on the biases that financial institutions have had to use lowed level capital. This is important, as the holders of lower level capital are often other financial institutions (Avdjiev et al., 2013). As a result, from a financial stability ...
... generally led to higher capital ratios. We focus particularly on the biases that financial institutions have had to use lowed level capital. This is important, as the holders of lower level capital are often other financial institutions (Avdjiev et al., 2013). As a result, from a financial stability ...
Characteristics determining the efficiency of Foreign Banks in Australia
... The factors determining foreign bank efficiency are investigated using a three stage research method. Following clients (defensive expansion) was found to increase host nation efficiency, and new trade theory tended to, (but not conclusively), dominate comparative advantage theory. The limited globa ...
... The factors determining foreign bank efficiency are investigated using a three stage research method. Following clients (defensive expansion) was found to increase host nation efficiency, and new trade theory tended to, (but not conclusively), dominate comparative advantage theory. The limited globa ...
“Financial Markets, Institutions and Policies in the context of
... are lending funds (lender-savers), are at the left, and those who must borrow funds to finance their spending (borrower-spenders), are at the right. Usually, the main lendersavers are households. On the other hand, the most important borrower-spenders are businesses and the government. The arrows sh ...
... are lending funds (lender-savers), are at the left, and those who must borrow funds to finance their spending (borrower-spenders), are at the right. Usually, the main lendersavers are households. On the other hand, the most important borrower-spenders are businesses and the government. The arrows sh ...
The determinants of global bank lending
... borrowers have stronger balance sheets or because the banks’ cost of funding is lower? To find the answer, we follow a unique identification strategy, made possible only by the bilateral dimension of our dataset. Since we can observe a lending country’s (or its banks’) loans in the other 14 countrie ...
... borrowers have stronger balance sheets or because the banks’ cost of funding is lower? To find the answer, we follow a unique identification strategy, made possible only by the bilateral dimension of our dataset. Since we can observe a lending country’s (or its banks’) loans in the other 14 countrie ...
The Effect of the Interbank Network Structure on Contagion and
... in the narrow sense, whereas the broad sense of systemic risk is characterized as a common shock that affects many institutions at once. The crisis has shown that systemic risk not only can take many forms, but is also highly dynamic: slowly building up in normal times, but rapidly emerging during t ...
... in the narrow sense, whereas the broad sense of systemic risk is characterized as a common shock that affects many institutions at once. The crisis has shown that systemic risk not only can take many forms, but is also highly dynamic: slowly building up in normal times, but rapidly emerging during t ...
Leverage Across Firms, Banks and Countries
... US and to a lesser extent in Europe. Large banks have a comparative advantage in raising funds in short-term markets (overnight repurchase agreements and commercial paper) and they were able to increase leverage pre-crisis and skirt capital requirements by using off-balance sheet investment vehicles ...
... US and to a lesser extent in Europe. Large banks have a comparative advantage in raising funds in short-term markets (overnight repurchase agreements and commercial paper) and they were able to increase leverage pre-crisis and skirt capital requirements by using off-balance sheet investment vehicles ...