In times of austerity measures it is well known that household disposable income shrinks considerably and economic recession comes up. This is not the only outcome. Banking sector also faces the problem of capital adequacy since a higher proportion of loans becomes non-performing. Hence, banks...

Since the late 1980s financial systems have gradually gone through profound changes in their regulatory framework. The most notable trait of this evolution is convergence towards some basic principles laid down by the Basle Committee on Banking Supervision. While some countries opted not to...

The place of Lyon inherited from the first banking revolution of the 1750s-1850s years a solid structure of local banking houses, which were able to accompany the growth of the productive system of silk and the diversification of the emerging heavy industries. But the international deployment of...

Many pamphleteers in the 1900s-1920s and of short-sighted histories criticised French investments in Russia. They accused on the moment or retrospectively bankers and financiers of having involved savers’ cash (that of “France des petits” and middle classes) in the “adventure” of...

Three decades ago, and with very few precedents, Spain's two principal banking corporations began an intense process of expansion throughout Latin America. Not only did they compete with one other in this new market, but they also faced competition from domestic Latin American banks and other...

Basically, shadow banking is an original kind of business organization, or better a set of institutions and markets, finalized to disinvest fixed assets and convey them to the financial markets. Nowadays, tackling the subject means penetrating the hard core of financialization. Shadow banking...

The aim of this paper is to analyze the determinants of the non-interest income for the Tunisian context by the use of data of 10 Tunisian deposit banks. Our sample is observed during the period 1998-2009. Using panel data estimation; our findings reveal that the information and communication...

Since the global financial crisis of 2008, there has been increasing attention on the impact of financial innovation (FI) on the financial services industry. Despite wide consensus on the benefits of innovation to the real economy, the crisis made FI a focus of re-evaluation and...

One of the problems perceived to be at the heart of the global financial crisis was an amalgamation of various commercial and investment banking activities under one entity, as well as the interconnectedness of the banking entities with other financial institutions, investment funds, and the...