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Financial News
Financial News

... filings with Canadian securities regulators or the U.S. Securities and Exchange Commission and in other communications. All such statements are made pursuant to the “safe harbour” provisions of, and are intended to be forward-looking statements under applicable Canadian and U.S. securities legislati ...
1 - Hans-Böckler
1 - Hans-Böckler

... (Cochrane, 2009; Fama, 2009). With more capital funding due to higher household saving, companies could invest more; and with lower government expenditures and deficits more loans would be available to companies for investment. Furthermore, the Loanable Funds theory is the basis for the Global Savin ...
`The Alignment of Monetary Policy and Banking Regulations in Belize`
`The Alignment of Monetary Policy and Banking Regulations in Belize`

... would not serve their intended purpose. Calomiris adds that not all reforms may result in sensible legislation and that though there is “substantial risk for mischief making” the reform seems to have an “encouraging absence of ...
Monetary Policy, Financial Conditions, and Financial Stability
Monetary Policy, Financial Conditions, and Financial Stability

... 2. Conceptual Framework One channel for monetary policy is the credit channel, where interest rate changes affect loan supply through credit market frictions, such as asymmetric information between borrowers and lenders that gives rise to an external finance premium. The size of the external finance ...
The Offshore-Intensity Ratio
The Offshore-Intensity Ratio

... foreigners to evade and escape taxation and regulation of their ‘home’ countries. However, many analysts and organizations that have published lists of OFCs disagree which jurisdictions precisely should be included (see Palan et al. 2010). A working definition that is well suited for empirical rese ...
Dissertação Final
Dissertação Final

... rationing problem (Ogawa and Suzuki, 2000; Jacobson et al., 2005; Baas and Schrooten, 2006; Steijvers and Voordeckers, 2009). It is often considered as the most appropriate lending technique for collecting information on SMEs, since reliable information on these type of firms is rare and costly (Els ...
Supervisory Strategy 2014-2018
Supervisory Strategy 2014-2018

... This strategy also aims to hold other stakeholders, ...
Turks and Caicos Islands: Financial Sector Assessment Program
Turks and Caicos Islands: Financial Sector Assessment Program

... The formerly dormant insurance supervision is catching up at a fast pace, but several urgent challenges remain. The FSC has issued several internal procedures and central Guidelines and has begun issuing penalties. Onsite and offsite supervision of insurers has started. However, policyholders’ prote ...
Stress testing French banks` income subcomponents
Stress testing French banks` income subcomponents

... Assessing the impact of the macroeconomic environment on the banking system has become an increasingly important issue on the research agenda, in particular within central banks. Macroeconomic stress tests have also been included in the International Monetary Fund’s Financial Sector Assessment Progr ...
The US Response to the International Debt
The US Response to the International Debt

... U.S. REGULATION OF INTERNATIONAL LENDING IN THE 1970's ...
Economi versus Regulatory Capital
Economi versus Regulatory Capital

... FCs themselves will be inclined to consider the total risk of the FC, including diversification effects, rather than the simple sum of bank and insurance requirements. When their legal firewalls crack, or are ignored by the public, FCs may find themselves in a difficult position. This can be the ca ...
The German Banking Crisis of 1931 - University of California, Berkeley
The German Banking Crisis of 1931 - University of California, Berkeley

Elisabetta Croci Angelini Francesco Farina(*) SOVEREIGN
Elisabetta Croci Angelini Francesco Farina(*) SOVEREIGN

... and the Peripheral countries exhibit a negligible divergence of sovereign bond’s spreads against Germany. Arguably, financial markets were optimistically expecting rising yields on sovereign debt as an effect of a progressive convergence to German fundamentals, despite many EMU member states sufferi ...
Global Institutional Consulting An Investor
Global Institutional Consulting An Investor

... probability that the organization will meet its intermediateto longer-term needs. 3. Strategic assets: For an opportunity to achieve a significant surplus that could help an institution transcend its mission, grow its impact, and surpass its peer group, it may consider exposure to strategic assets. ...
Wednesday, July 26, 2006
Wednesday, July 26, 2006

Investment in Relationship-Specific Assets: Does Finance Matter?∗
Investment in Relationship-Specific Assets: Does Finance Matter?∗

... other side. In this paper, we look at the role of banks in encouraging value-enhancing interactions between …rms in the real economy. We provide empirical evidence consistent with a strong banking sector promoting economic growth by alleviating the information asymmetries between …rms buying and sup ...
Why does Brazil’s banking sector need public banks?
Why does Brazil’s banking sector need public banks?

... Why is this discussion important? During the pre-crisis period, developed countries’ regulatory systems had been considered as ‘best practice’ and formed the basis for recommendations to developing countries seeking to liberalize and expand their domestic financial markets. Once more, the crisis fat ...
Germany: Financial Sector Assessment Program -
Germany: Financial Sector Assessment Program -

... While insurer’s capital levels appear sufficient with transitional measures, a majority of life insurers would have difficulties in meeting Solvency II requirements without relying on the transitional measures. Allowing for transitional measures based on EU law, most life insurers would maintain Sol ...
Major banks analysis
Major banks analysis

... against the comparable period. However, similar to our previous major banks analysis, total combined credit impairments of the major banks show increases over a rolling year-on-year period, growing 10.8% against 2H14 as a result of latent credit stresses, both realised and unrealised, that remain wi ...
Addressing the pro-cyclicality of capital requirements with a
Addressing the pro-cyclicality of capital requirements with a

Rethinking the Role of National Development Banks
Rethinking the Role of National Development Banks

... its industry started at a State level with development banking late in the 19th century. “Merchant Banks” or “Industrial Banks” were performing some of the functions of modern day NDBs. Their primary function was to provide long-term investment financing of projects that had exceptional risks throug ...
The Impact of Sudden Stops on Bank Lending - Inter
The Impact of Sudden Stops on Bank Lending - Inter

... statements, and we used unconsolidated figures to the extend possible to reduce variations arising from changes in the subsidiaries’ ownership and to work with comparable accounting data. The specific dates of the banks’ financial years vary in some cases, however, for the majority of banks the fina ...
New York 2008
New York 2008

ASSET CLASS SUB ASSET CLASS Equity Large-Cap Large
ASSET CLASS SUB ASSET CLASS Equity Large-Cap Large

... interest rate risk than Short-Term Bond funds. They typically invest in debentures, government securities, call money, commercial papers and certificate of deposits, among others. Intermediate Government Bond Intermediate Government Bond funds primarily invest in securities issued by the central gov ...
Understanding financial system efficiency in New Zealand
Understanding financial system efficiency in New Zealand

... system efficiency and applies this to the New Zealand financial system. In particular, we focus on whether the high return on equity enjoyed by the New Zealand banking system, relative to other jurisdictions, is indicative of a banking system that is any less competitive and efficient than elsewhere ...
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Shadow banking system

The shadow banking system is a term for the collection of non-bank financial intermediaries that provide services similar to traditional commercial banks. Former Federal Reserve Chair Ben Bernanke provided a definition in April 2012: ""Shadow banking, as usually defined, comprises a diverse set of institutions and markets that, collectively, carry out traditional banking functions--but do so outside, or in ways only loosely linked to, the traditional system of regulated depository institutions. Examples of important components of the shadow banking system include securitization vehicles, asset-backed commercial paper (ABCP) conduits, money market mutual funds, markets for repurchase agreements (repos), investment banks, and mortgage companies."" Shadow banking has grown in importance to rival traditional depository banking but was a primary factor in the subprime mortgage crisis of 2007-2008 and global recession that followed.
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