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Reports and Financial Statements for the Financial
Reports and Financial Statements for the Financial

Prospectus - Franklin Templeton Investment Funds (SICAV)
Prospectus - Franklin Templeton Investment Funds (SICAV)

EMERGE as a stronger company in
EMERGE as a stronger company in

CSL Limited Financial Report 1999-2000
CSL Limited Financial Report 1999-2000

... and allied products. No significant change in the nature of those activities has taken place during that period. ...
Implementing Basel III capital reforms in Australia
Implementing Basel III capital reforms in Australia

Household Debt, Adjustable-Rate Mortgages, and the Shock
Household Debt, Adjustable-Rate Mortgages, and the Shock

International Diversification Versus Domestic Diversification: Mean
International Diversification Versus Domestic Diversification: Mean

... Our study is based on daily data consisting of the prices of the 30 highest capitalization US stocks and 20 international market indices from Latin American and Asian financial markets and the G6. The purpose of this paper is to identify empirically preferences for international diversification vers ...
Credit Suisse AGM analysis and voting recommendations
Credit Suisse AGM analysis and voting recommendations

Focus Point_focus point
Focus Point_focus point

... The Malaysian Gross Domestic Products (GDP) grew 4.7% in 2013 compared with 5.6% in 2012. Malaysia’s growth was driven by domestic demand, through public spending supported by private consumption and investment. The national economy is expected to remain resilient at above 5% mark in 2014, backed by ...
Household Debt, Adjustable-Rate Mortgages
Household Debt, Adjustable-Rate Mortgages

... higher that in a state of low debt and ARM share. To shed light on the mechanism behind this result, I turn my analysis to credit market related variables such as mortgage default rates, financial intermediaries market value and credit spread, the federal funds rate, and non-financial leverage. The ...
KELLOGG CO (Form: 10-K, Received: 02/24/2014 16
KELLOGG CO (Form: 10-K, Received: 02/24/2014 16

... The trademarks listed above, among others, when taken as a whole, are important to our business. Certain individual trademarks are also important to our business. Depending on the jurisdiction, trademarks are generally valid as long as they are in use and/or their registrations are properly maintain ...
Nordea Annual Report 2016
Nordea Annual Report 2016

Liquidity Hoarding - Federal Reserve Bank of New York
Liquidity Hoarding - Federal Reserve Bank of New York

exam3 - Trinity University
exam3 - Trinity University

... 31. (03 Points) The following contract does not have a SFAS 133 Paragraph 6 notional in a clear sense. Company C pays $100,000 for an option to receive $2 million if the average LIBOR for the next 12 months exceeds 8%. Is this option contract subject to SFAS 133 rules? a. No. Paragraph 6a requires a ...
Amendments to the Capital Framework for Securitisation Exposures
Amendments to the Capital Framework for Securitisation Exposures

... (a) the originator has an appropriate capital and liquidity plan in place to ensure that it has sufficient capital and liquidity available in the event of an early amortisation; (b) throughout the duration of the transaction there is a pro-rata sharing of interest and principal, expenses, losses an ...
Chapter 20
Chapter 20

... issuer level, individually or together, can exercise or control the exercise of 10% or more of the voting power at the subsidiary’s general meeting. This 10% excludes any indirect interest in the subsidiary which is held by the connected person(s) through the listed issuer; or ...
Prospectus of Zurich Investment Funds ICVC
Prospectus of Zurich Investment Funds ICVC

... No person has been authorised by the Company or the ACD to give any information or to make any representations in connection with the offering of Shares other than those contained in this Prospectus and, if given or made, such information or representations must not be relied upon as having been mad ...
Leverage and Corporate Performance: Evidence from Unsuccessful
Leverage and Corporate Performance: Evidence from Unsuccessful

... Our empirical evidence supports the view that higher leverage ratios deter takeovers because they are associated with performance improvements. In particular, we find that the operating performance of former targets following failed takeover attempts is positively related to the change in the target ...
UNITED TECHNOLOGIES CORP /DE/ (Form: 10
UNITED TECHNOLOGIES CORP /DE/ (Form: 10

... entered into a long-term engineering and manufacturing agreement with MHI. The sale generated a pre-tax gain of approximately $193 million ( $132 million after tax). Cash received in connection with the sale was $432 million , excluding contingent consideration valued at approximately $200 million . ...
Front Cover Page - ICICI Prudential Mutual Fund
Front Cover Page - ICICI Prudential Mutual Fund

... companies, subsidiaries of the Sponsors, and the AMC may invest either directly or indirectly in the Scheme. The funds managed by these affiliates, associates, the Sponsors, subsidiaries of the Sponsors and /or the AMC may acquire a substantial portion of the Scheme‟s Units and collectively constitu ...
1 LOWLAND MORTGAGE BACKED SECURITIES 1 BV
1 LOWLAND MORTGAGE BACKED SECURITIES 1 BV

... Class B Notes, the Mezzanine Class C Notes and the Junior Class D Notes, the "Notes"), to be issued by Lowland Mortgage Backed Securities 1 B.V. (the "Issuer"), on Euronext Amsterdam by NYSE Euronext ("Euronext Amsterdam"). This Prospectus has been approved by the Netherlands Authority for the Finan ...
SB-1 - Hong Kong Monetary Authority
SB-1 - Hong Kong Monetary Authority

Why firms issue callable bonds: Hedging
Why firms issue callable bonds: Hedging

LOOMIS SAYLES VALUE FUND Supplement dated April 19, 2017 to
LOOMIS SAYLES VALUE FUND Supplement dated April 19, 2017 to

Close Strategic Alpha Prospectus - Close Brothers Asset Management
Close Strategic Alpha Prospectus - Close Brothers Asset Management

... Prospectus and accepts responsibility accordingly. It has taken all reasonable care to ensure that, to the best of its knowledge and belief, the information in this document does not contain any untrue or misleading statement or omit any matters required by the COLL Sourcebook to be included in it. ...
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Securitization

Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt obligations (CDOs). Investors are repaid from the principal and interest cash flows collected from the underlying debt and redistributed through the capital structure of the new financing. Securities backed by mortgage receivables are called mortgage-backed securities (MBS), while those backed by other types of receivables are asset-backed securities (ABS).Critics have suggested that the complexity inherent in securitization can limit investors' ability to monitor risk, and that competitive securitization markets with multiple securitizers may be particularly prone to sharp declines in underwriting standards. Private, competitive mortgage securitization is believed to have played an important role in the U.S. subprime mortgage crisis.In addition, off-balance sheet treatment for securitizations coupled with guarantees from the issuer can hide the extent of leverage of the securitizing firm, thereby facilitating risky capital structures and leading to an under-pricing of credit risk. Off-balance sheet securitizations are believed to have played a large role in the high leverage level of U.S. financial institutions before the financial crisis, and the need for bailouts.The granularity of pools of securitized assets can mitigate the credit risk of individual borrowers. Unlike general corporate debt, the credit quality of securitized debt is non-stationary due to changes in volatility that are time- and structure-dependent. If the transaction is properly structured and the pool performs as expected, the credit risk of all tranches of structured debt improves; if improperly structured, the affected tranches may experience dramatic credit deterioration and loss.Securitization has evolved from its beginnings in the late 18th century to an estimated outstanding of $10.24 trillion in the United States and $2.25 trillion in Europe as of the 2nd quarter of 2008. In 2007, ABS issuance amounted to $3.455 trillion in the US and $652 billion in Europe. WBS (Whole Business Securitization) arrangements first appeared in the United Kingdom in the 1990s, and became common in various Commonwealth legal systems where senior creditors of an insolvent business effectively gain the right to control the company.
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