Transcript - Citigroup
... On slide 13, I want to show you how some of the balance sheet actions that we just reviewed are impacting our net interest margin. This quarter we saw NIM increase by 7 basis points to 293 basis points. On a full-year basis, our net interest margin remained relatively stable versus last year at 288 ...
... On slide 13, I want to show you how some of the balance sheet actions that we just reviewed are impacting our net interest margin. This quarter we saw NIM increase by 7 basis points to 293 basis points. On a full-year basis, our net interest margin remained relatively stable versus last year at 288 ...
Political and Institutional Determinants of Tax-Exempt Bond Yields
... substantially higher borrowing costs for state governments. The borrowing costs of every state increased exponentially during the global credit seizure of fall 2008 (see Figure 1). Between September and December of 2008, the premium that investors demanded to hold California debt over U.S treasuries ...
... substantially higher borrowing costs for state governments. The borrowing costs of every state increased exponentially during the global credit seizure of fall 2008 (see Figure 1). Between September and December of 2008, the premium that investors demanded to hold California debt over U.S treasuries ...
What is an Emerging Market? by Ashoka Mody
... advanced industrialized economies. Finally, the absence of a history of foreign investment and their transition to market economies speaks to the dynamic nature of emerging markets, i.e., to the possibility that they may graduate from their current economic conditions to greater institutional and po ...
... advanced industrialized economies. Finally, the absence of a history of foreign investment and their transition to market economies speaks to the dynamic nature of emerging markets, i.e., to the possibility that they may graduate from their current economic conditions to greater institutional and po ...
Quantitative Easing - Cambridge Political Economy Society
... financial institutions including investment banks, money market funds, securitization vehicles, assetbacked commercial paper conduits, etc. These institutions were highly dependent on short-term funding, most of which came either from abroad or from large institutional investors. Similarly to commer ...
... financial institutions including investment banks, money market funds, securitization vehicles, assetbacked commercial paper conduits, etc. These institutions were highly dependent on short-term funding, most of which came either from abroad or from large institutional investors. Similarly to commer ...
Study on Prevention of the American Sub-prime Mortgage Loan Risk
... Seen from the financial market, first, the sub-prime mortgage crisis may lead to further credit tightening of the real estate, and it may cause the American housing market to decline continually if the inventory pressure of real estate increases further; secondly, the problems of sub-prime mortgage ...
... Seen from the financial market, first, the sub-prime mortgage crisis may lead to further credit tightening of the real estate, and it may cause the American housing market to decline continually if the inventory pressure of real estate increases further; secondly, the problems of sub-prime mortgage ...
full text pdf
... Bundesbank (i.e., the German central bank), is outstanding and allows researchers to empirically test several theoretical predictions. In this paper, we start out by describing trends in the design of thin-capitalization rules in general and intuitively summarize the economic effects of such regulat ...
... Bundesbank (i.e., the German central bank), is outstanding and allows researchers to empirically test several theoretical predictions. In this paper, we start out by describing trends in the design of thin-capitalization rules in general and intuitively summarize the economic effects of such regulat ...
PLI Text Article
... Treas. Reg. § 1.1001-3(c)(2)(i). Note that the obligor of a taxexempt bond is the entity that actually issues the bond and not a conduit borrower of bond proceeds. Treas. Reg. § 1.1001-3(f)(6)(i); see also Priv. Ltr. Rul. 2000-47-046 (Aug. 30, 2000) (parent obligor’s removal of subsidiary as co-obli ...
... Treas. Reg. § 1.1001-3(c)(2)(i). Note that the obligor of a taxexempt bond is the entity that actually issues the bond and not a conduit borrower of bond proceeds. Treas. Reg. § 1.1001-3(f)(6)(i); see also Priv. Ltr. Rul. 2000-47-046 (Aug. 30, 2000) (parent obligor’s removal of subsidiary as co-obli ...
EUROPEAN COMMISSION Brussels, 18.3.2015 SWD(2015) 36 final
... recovered in the private sector with the economic uptake, this happened to a large extent on account of the expansion of the Public Work Scheme since 2011. Without the public works, the unemployment rate would be higher by at least 1.5 pps. Furthermore, it is foreseen in the mediumterm budgetary pla ...
... recovered in the private sector with the economic uptake, this happened to a large extent on account of the expansion of the Public Work Scheme since 2011. Without the public works, the unemployment rate would be higher by at least 1.5 pps. Furthermore, it is foreseen in the mediumterm budgetary pla ...
Minimum Revenue Provision (MRP) Strategy for 2016/2017
... 3.5.2 The Council recognises that responsibility for Treasury Management decisions remains with the Council at all times and will ensure that undue reliance is not placed upon its external advisors. 3.5.3 It is also recognised that there is a value in employing external providers of Treasury Managem ...
... 3.5.2 The Council recognises that responsibility for Treasury Management decisions remains with the Council at all times and will ensure that undue reliance is not placed upon its external advisors. 3.5.3 It is also recognised that there is a value in employing external providers of Treasury Managem ...
FIRST LINE OF PRESENTATON TITLE SECOND LINE IF NEEDED
... Each 1 EUR invested by EBRD mobilises ca. 2 EUR of additional debt/equity investments. ...
... Each 1 EUR invested by EBRD mobilises ca. 2 EUR of additional debt/equity investments. ...
Trying To Understand All-Equity Firms
... variables and different models 5. The variables considered are proxies for the following main factors: risk, financial constraints, cash flow production, growth opportunities, profitability, agency costs of debt, market timing and scale in the use of funds. At the same time, going beyond industry fi ...
... variables and different models 5. The variables considered are proxies for the following main factors: risk, financial constraints, cash flow production, growth opportunities, profitability, agency costs of debt, market timing and scale in the use of funds. At the same time, going beyond industry fi ...
Corporate Law Bulletin 175 - March 2012
... forced to sell assets and reduce lending, thereby weakening real economic activity. New regulatory measures requiring banks to meet more stringent capital standards by mid-2012 added to these fears. European banks did sell certain assets and cut some types of lending, notably those denominated in do ...
... forced to sell assets and reduce lending, thereby weakening real economic activity. New regulatory measures requiring banks to meet more stringent capital standards by mid-2012 added to these fears. European banks did sell certain assets and cut some types of lending, notably those denominated in do ...
Chapter 4 DEPOSITS IN BANKS
... Interest is the price paid for the use of money. The bank is using your money when you deposit funds. In some cases the bank pays you for the use of your money. The bank pays you interest. If you borrow money from a bank or other financial institution, you pay to use that money. You pay interest ...
... Interest is the price paid for the use of money. The bank is using your money when you deposit funds. In some cases the bank pays you for the use of your money. The bank pays you interest. If you borrow money from a bank or other financial institution, you pay to use that money. You pay interest ...
Data Definitions
... Based on last three reported UNII figures, we take the average of first two figures and the average of last two figures and based on the slope of the line between the two points we give a "Down", "Flat" or "Up" indication. ...
... Based on last three reported UNII figures, we take the average of first two figures and the average of last two figures and based on the slope of the line between the two points we give a "Down", "Flat" or "Up" indication. ...
Auto LoAns - Center for Responsible Lending
... significant impact on the vehicle’s overall cost. When financing a vehicle, consumers have the option to either secure financing directly from a lender, or finance the car at the dealership. If a dealership finances the car purchase, the dealer earns revenue on the sale of the car itself (known as t ...
... significant impact on the vehicle’s overall cost. When financing a vehicle, consumers have the option to either secure financing directly from a lender, or finance the car at the dealership. If a dealership finances the car purchase, the dealer earns revenue on the sale of the car itself (known as t ...
Are We Stuck Pushing on Strings?
... cash reserves relative to bank liabilities or GDP should be approximately double the ratio reached during the 1973 peak, at approximately 7 percent of bank reserves or 4 percent of GDP. This would imply a level of cash reserves at between $600 - $700 billion.5 This is in contrast with the actual cur ...
... cash reserves relative to bank liabilities or GDP should be approximately double the ratio reached during the 1973 peak, at approximately 7 percent of bank reserves or 4 percent of GDP. This would imply a level of cash reserves at between $600 - $700 billion.5 This is in contrast with the actual cur ...
The Trust Indenture Act of 1939 and Out-of
... bonds, the company was in a strong financial position and had a good credit rating; it had healthy cash flows from which to make bond payments and was valued at well over $20 billion. But all of a sudden, the company runs into financial trouble; its cash flows dry up, and its valuation drops to $1 b ...
... bonds, the company was in a strong financial position and had a good credit rating; it had healthy cash flows from which to make bond payments and was valued at well over $20 billion. But all of a sudden, the company runs into financial trouble; its cash flows dry up, and its valuation drops to $1 b ...