Innovation and performance of European banks adopting Internet
... burst, most of these ex novo internet banks were forced to quit the market. Traditional banks have been slower to incorporate the internet initially, yet nowadays offering online services is not considered a choice, but an integral part of companies' business models. As in other services sectors, on ...
... burst, most of these ex novo internet banks were forced to quit the market. Traditional banks have been slower to incorporate the internet initially, yet nowadays offering online services is not considered a choice, but an integral part of companies' business models. As in other services sectors, on ...
Banking System Liquidity - Central Bank of Nigeria
... central bank. These deposits are required by the central bank and are often known as reserve balances. Reserves are held by banks to meet the prudential guidelines or statutory requirements. On the other hand, market liquidity involves buying and selling of assets without unduly affecting the assets ...
... central bank. These deposits are required by the central bank and are often known as reserve balances. Reserves are held by banks to meet the prudential guidelines or statutory requirements. On the other hand, market liquidity involves buying and selling of assets without unduly affecting the assets ...
Stressed, Not Frozen: The Federal Funds Market in the Financial Crisis
... banks hoard liquidity expecting high returns when banks in need of cash are forced to sell at fire sale prices. In these models, the perceived future cost of capital for banks is so high that they do not want to lend at the prevailing interest rate. This effect should be stronger for lenders that ar ...
... banks hoard liquidity expecting high returns when banks in need of cash are forced to sell at fire sale prices. In these models, the perceived future cost of capital for banks is so high that they do not want to lend at the prevailing interest rate. This effect should be stronger for lenders that ar ...
Financial Crisis in Finland and Sweden: Similar but not quite the same
... depositors willing to deposit in banks. Stock and bond markets were small and illiquid and investments abroad were either prohibited or subject to special permits. Further, the tax systems – with nominal interest payments deductible against marginal tax rates from 50 up to 80 percent in Sweden – con ...
... depositors willing to deposit in banks. Stock and bond markets were small and illiquid and investments abroad were either prohibited or subject to special permits. Further, the tax systems – with nominal interest payments deductible against marginal tax rates from 50 up to 80 percent in Sweden – con ...
Risk-Based Capital Adequacy Framework for the Philippine Banking
... 14. Unsecured subordinated debt issuances by banks should comply with the following minimum conditions in order to be eligible as lower Tier 2 (LT2) capital: a) It must be issued and fully paid-up. Only the net proceeds received from the issuance shall be included as capital; b) Its holders must not ...
... 14. Unsecured subordinated debt issuances by banks should comply with the following minimum conditions in order to be eligible as lower Tier 2 (LT2) capital: a) It must be issued and fully paid-up. Only the net proceeds received from the issuance shall be included as capital; b) Its holders must not ...
The case for prudent financial liberalisation and its policy implications
... of regulatory measures were applied, including the Glass- Steagall Act that separated investment and commercial banking as well as the existence of requirements for liquidity. At the same time, capital accounts were relatively closed, especially in developing countries. Developed countries liberaliz ...
... of regulatory measures were applied, including the Glass- Steagall Act that separated investment and commercial banking as well as the existence of requirements for liquidity. At the same time, capital accounts were relatively closed, especially in developing countries. Developed countries liberaliz ...
Financial Intermediary Leverage and Value-at-Risk
... percentage change in assets as given by the change in log assets. Hence, the 45degree line indicates the set of points where equity is unchanged. Above the 45degree line equity is increasing, while below the 45-degree line, equity is decreasing. Any straight line with slope equal to 1 indicates cons ...
... percentage change in assets as given by the change in log assets. Hence, the 45degree line indicates the set of points where equity is unchanged. Above the 45degree line equity is increasing, while below the 45-degree line, equity is decreasing. Any straight line with slope equal to 1 indicates cons ...
Quantitative Easing - Cambridge Political Economy Society
... series of bank runs affecting the so-called ‘shadow banking system’ consisting of scarcely regulated financial institutions including investment banks, money market funds, securitization vehicles, assetbacked commercial paper conduits, etc. These institutions were highly dependent on short-term fund ...
... series of bank runs affecting the so-called ‘shadow banking system’ consisting of scarcely regulated financial institutions including investment banks, money market funds, securitization vehicles, assetbacked commercial paper conduits, etc. These institutions were highly dependent on short-term fund ...
Investment Choice by Plan Members in OECD Countries with
... as long as they can always choose what they had before. But when people do not have the knowledge to make choices that are in their own best interests, increasing the number of choices does not necessarily make them better off. In fact, it may make them more vulnerable to exploitation by opportunist ...
... as long as they can always choose what they had before. But when people do not have the knowledge to make choices that are in their own best interests, increasing the number of choices does not necessarily make them better off. In fact, it may make them more vulnerable to exploitation by opportunist ...
Upcoming changes to the BMO Money Market Funds
... Money Market Funds may be contacted as early as June 2016 to redeem out of their existing fund and offered a choice to transfer to the BMO Government Money Market Fund or the new fund described below. The new BMO Floating NAV Prime Money Market Fund In response to the new regulations and the possibi ...
... Money Market Funds may be contacted as early as June 2016 to redeem out of their existing fund and offered a choice to transfer to the BMO Government Money Market Fund or the new fund described below. The new BMO Floating NAV Prime Money Market Fund In response to the new regulations and the possibi ...
Comparative Financial Systems: A Survey
... resources is achieved entirely within the firm. The other extreme is arm’s length (external) finance. An intermediate case is a long-term relationship finance, say, between a firm and an investment bank. Much of the debate on comparative financial systems has associated arm’s length finance with mar ...
... resources is achieved entirely within the firm. The other extreme is arm’s length (external) finance. An intermediate case is a long-term relationship finance, say, between a firm and an investment bank. Much of the debate on comparative financial systems has associated arm’s length finance with mar ...
Market Discipline of Banks - Federal Reserve Bank of New York
... ratings is virtually identical across banks and non-banks. We also find a strong relationship between bank and BHC bond spreads and asset portfolios, suggesting investors look beyond public measures of risk in gauging bank risk exposure. The effects of particular portfolio shifts on bank spreads ar ...
... ratings is virtually identical across banks and non-banks. We also find a strong relationship between bank and BHC bond spreads and asset portfolios, suggesting investors look beyond public measures of risk in gauging bank risk exposure. The effects of particular portfolio shifts on bank spreads ar ...
Judge Information Gaps 9.17.15
... on market functioning so long as markets are functioning well, they amplify the degree of market dysfunction that is likely to result from any shock to that system. Information gaps increase the probability of a widespread panic and impede the market and regulatory processes required to achieve a ne ...
... on market functioning so long as markets are functioning well, they amplify the degree of market dysfunction that is likely to result from any shock to that system. Information gaps increase the probability of a widespread panic and impede the market and regulatory processes required to achieve a ne ...
Profitability Determinants of Commercial banks in Paksitan
... are cost and profit efficiencies9 ratio of net income and provisions for loan losses). It was concluded that bank size has positive impact on the bank’s Accounting measures of profitability .the banks of MENA shows high profitability and do not show much contradiction between the cost and profit eff ...
... are cost and profit efficiencies9 ratio of net income and provisions for loan losses). It was concluded that bank size has positive impact on the bank’s Accounting measures of profitability .the banks of MENA shows high profitability and do not show much contradiction between the cost and profit eff ...
Illiquid assets - Select Investment Partners
... pregnant with upcoming exits) but more often than not it is lower. The valuation issue is complicated because the secondary market for many of these illiquid funds is sporadic with very infrequent trading. In any case, standard practice seems to be for funds to ignore such secondary sales for their ...
... pregnant with upcoming exits) but more often than not it is lower. The valuation issue is complicated because the secondary market for many of these illiquid funds is sporadic with very infrequent trading. In any case, standard practice seems to be for funds to ignore such secondary sales for their ...
Liquidity Crunch – The Survival Strategies Presented by Sanderson
... Market liquidity is the ease with which an asset can be converted in to a liquid medium, mainly cash. Funding liquidity refers to ease with which borrowers, both firms and individuals can obtain funding in the form of credit. Accounting liquidity refers to institutional, especially a bank’s balance ...
... Market liquidity is the ease with which an asset can be converted in to a liquid medium, mainly cash. Funding liquidity refers to ease with which borrowers, both firms and individuals can obtain funding in the form of credit. Accounting liquidity refers to institutional, especially a bank’s balance ...
The value of being a SySTemically imporTanT financial
... The current international financial crisis, which started in 2007 in the Usa and soon spread to the rest of the world, has revealed that the failure of an interconnected and complex financial institution, even though not necessarily large in terms of total assets, can threaten the stability of the e ...
... The current international financial crisis, which started in 2007 in the Usa and soon spread to the rest of the world, has revealed that the failure of an interconnected and complex financial institution, even though not necessarily large in terms of total assets, can threaten the stability of the e ...
EN EN Results of in-depth reviews under Regulation (EU) No 1176
... been successful in extending the average maturity of the debt stock. In response to the deterioration in public finances in 2012, the Council requested that Malta puts the government debt on a sufficiently decreasing path by 2014. Long-term sustainability, however, remains a concern due to rising ag ...
... been successful in extending the average maturity of the debt stock. In response to the deterioration in public finances in 2012, the Council requested that Malta puts the government debt on a sufficiently decreasing path by 2014. Long-term sustainability, however, remains a concern due to rising ag ...
Influence of foreign bank presence on the level of crediting in Ukraine
... studies. Giucci, Kirchner and Poletaeva (2007) have mostly focused on banking sector as a borrower of foreign funds. Indeed, it really worth attention, since the banking sector foreign debt grew by 81.3% from July 2007 to July 2008 which is much higher than the growth rate of total private foreign b ...
... studies. Giucci, Kirchner and Poletaeva (2007) have mostly focused on banking sector as a borrower of foreign funds. Indeed, it really worth attention, since the banking sector foreign debt grew by 81.3% from July 2007 to July 2008 which is much higher than the growth rate of total private foreign b ...