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From a banking supervisory perspective, this paper analyses aspects of market risk of an aggregated trading portfolio comprised of the trading books of 11 German banks with a regulatory approved internal market risk model. Based on real, clean profit and loss data and Value-at-Risk estimates of...
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Over the term of a securitization transaction, the concept of non-compliance allows a securitizing bank to classify a … assets or structure. In Germany, there are currently no specific regulations regarding this concept. However, a bank can use …
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Dieser Beitrag untersucht erstmals für den Anleihenhandel das Phänomen der Koexistenz mehrerer Handelswege. Wir beobachten im Sekundärhandel von Bundeswertpapieren über Jahrzehnte gewachsene, börsliche und außerbörsliche Organisationsstrukturen und werfen die Frage auf, ob diese...
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Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price …
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rents already. Thus our results suggest that in the bank-dominated financial system of Germany, in which banks intensely …
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