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institutional set-up, we turn to the discussion of the following question: How can a supervisor devise a framework of supervision …
Persistent link: https://www.econbiz.de/10005413195
Ziel der vorliegenden Arbeit ist eine empirische Analyse des Zusammenhangs zwischen Bond-Credit Spreads und Ratings … durchgeführt, um eigene Aussagen über den Informationsgehalt von Ratings herzuleiten. In Hinblick auf den Informationsgehalt von … Ratings muss zwischen Up- und Downgrades unterschieden werden. Während Upgrades von den Maerkten vorweggenommen werden, zeigt …
Persistent link: https://www.econbiz.de/10005077011
, London, Frankfurt, Helsinki and Tokyo. The focus is on bank exit legislation applicable to commercial banks. The legislation …
Persistent link: https://www.econbiz.de/10005134685
exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998–2002. Bank exit … costs for banks are lower. …
Persistent link: https://www.econbiz.de/10005134896
DNB bewaakt de stabiliteit van ons financiële stelsel via het monetaire beleid, het toezicht en de zorg voor het betalingsverkeer. Deze gezamenlijke taakuitoefening biedt belangrijke voordelen.
Persistent link: https://www.econbiz.de/10005412465
Uncertainty represented by volatilities in equity markets has been observed to be time-variable and lead output fluctuations. In the rational expectation framework, uncertainty with this nature needs exogenous variables with time-varying volatilities, but technology, tastes and fiscal and...
Persistent link: https://www.econbiz.de/10005077043
This paper describes a principal-agent relationship with a supervisor who has information about the agent. The agent and the supervisor have the possibility to collude and misinform the principal. In accordance with the existing literature there exists an optimal contract which excludes...
Persistent link: https://www.econbiz.de/10005118635
This teaching case study looks at milestones in the UK credit card market. It then focuses on how a long-standing market leader maintains a position of advantage and develops its business in a fast-moving industry undergoing significant change. There are many different strategic options open to...
Persistent link: https://www.econbiz.de/10005556525
The paper consolidates the summarised financial statements of the main banks operating in Malta during the year 2002 …
Persistent link: https://www.econbiz.de/10005561713
expansion of the Bulgarian banks is at its beginning. The showed results are based on the Internet research, which has aimed to … describe actual picture of Bulgarian banks present in Internet. …
Persistent link: https://www.econbiz.de/10005561755