Author: United States. General Accounting Office. General Government DivisionPublisher:
ISBN:
Category : Bank capital
Languages : en
Pages : 196
Book Description
Risked-based Capital
Author: United States. General Accounting Office. General Government DivisionPublisher:
ISBN:
Category : Bank capital
Languages : en
Pages : 196
Book Description
Risk-based Capital
Author: Risk-based Capital
Author: United States. General Accounting OfficePublisher:
ISBN:
Category : Banks and banking
Languages : en
Pages : 186
Book Description
Risk-Based Capital
Author: Lawrence D. CluffPublisher: DIANE Publishing
ISBN: 0788186701
Category :
Languages : en
Pages : 187
Book Description
Bank Capital and Liquidity Regulation
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Bank capital
Languages : en
Pages : 120
Book Description
Banking Regulators' Report on Capital Standards
Author: United States. Congress. Senate. Committee on Banking, Housing, and Urban AffairsPublisher:
ISBN:
Category : Bank capital
Languages : en
Pages : 208
Book Description
Riskbased capital regulatory and industry approaches to capital and risk : report to the Chairman, Committee on Banking, Housing, and Urban Affairs, U.S. Senate, and the chairman, Committee on Banking and Financial Services, House of Representatives
Author: Publisher: DIANE Publishing
ISBN: 1428976876
Category :
Languages : en
Pages : 190
Book Description
Financial Innovations and the Welfare of Nations
Author: Laurent L. JacquePublisher: Springer Science & Business Media
ISBN: 1461516234
Category : Business & Economics
Languages : en
Pages : 364
Book Description
The central question addressed in Financial Innovations and the Welfare of Nations is how the transfer of financial innovations from developed to developing economies can nurture the dynamics of emerging capital markets. National capital markets can be positioned along a continuum ranging from embryonic to mature and emerged markets according to a decreasing "national cost of capital" criterion. In the introductory chapter Laurent Jacque argues that newly emerging countries are handicapped by a high cost of capital due to "incomplete" and inefficient financial markets. As capital markets graduate to higher level of "emergedness", their national firms avail themselves of a lower cost of capital that makes them more competitive in the global economy and spurs economic growth. Skillful transfer of financial innovations to emerging markets often encourages the deregulation of the country's financial services sector. This results into new conduits for a more efficient capital allocation process such as commercial paper, securitized consumer finance and other disintermediated modes of financing which out-compete traditional financial intermediaries (mostly commercial banks), reduce households' cost of living and conjointly fuel the dynamics of emerging markets. Our response to the central question of how the transfer of financial innovations can enhance the Wealth of Nations is to show that it reduces the cost of capital while not unduly increasing systemic risk. Part I examines the relationship between financial innovations and systemic risk of the international financial system.
The Known, the Unknown, and the Unknowable in Financial Risk Management
Author: Francis X. DieboldPublisher: Princeton University Press
ISBN: 1400835283
Category : Business & Economics
Languages : en
Pages : 391
Book Description
A clear understanding of what we know, don't know, and can't know should guide any reasonable approach to managing financial risk, yet the most widely used measure in finance today--Value at Risk, or VaR--reduces these risks to a single number, creating a false sense of security among risk managers, executives, and regulators. This book introduces a more realistic and holistic framework called KuU --the K nown, the u nknown, and the U nknowable--that enables one to conceptualize the different kinds of financial risks and design effective strategies for managing them. Bringing together contributions by leaders in finance and economics, this book pushes toward robustifying policies, portfolios, contracts, and organizations to a wide variety of KuU risks. Along the way, the strengths and limitations of "quantitative" risk management are revealed. In addition to the editors, the contributors are Ashok Bardhan, Dan Borge, Charles N. Bralver, Riccardo Colacito, Robert H. Edelstein, Robert F. Engle, Charles A. E. Goodhart, Clive W. J. Granger, Paul R. Kleindorfer, Donald L. Kohn, Howard Kunreuther, Andrew Kuritzkes, Robert H. Litzenberger, Benoit B. Mandelbrot, David M. Modest, Alex Muermann, Mark V. Pauly, Til Schuermann, Kenneth E. Scott, Nassim Nicholas Taleb, and Richard J. Zeckhauser. Introduces a new risk-management paradigm Features contributions by leaders in finance and economics Demonstrates how "killer risks" are often more economic than statistical, and crucially linked to incentives Shows how to invest and design policies amid financial uncertainty
Capital Adequacy beyond Basel
Author: Hal S. ScottPublisher: Oxford University Press
ISBN: 0198037945
Category : Business & Economics
Languages : en
Pages : 355
Book Description
This book is timely since the Basel Committee on Banking Supervision at the Bank for International Settlements is in the process of making major changes in the capital rules for banks. It is important that capital adequacy regulation helps to achieve financial stability in the most efficient way. Capital adequacy rules have become a key tool to protect financial institutions. The research contained within the book covers some key issues at stake in the capital requirements for insurance and securities firms. The contributors are among the leading scholars in financial economics and law. Their contributions analyze the use of subordinated debt, internal models, and rating agencies in addition to examining the effect on capital of reinsurance, securitization, credit derivatives, and similar instruments.