Showing 1 - 10 of 4,398
derived from imperfect competition in markets for financial services is implied, which banks exercise vis-à-vis their loan and … deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … industry, competition and regulation are deeply interrelated as most regulatory institutions, even if they do not explicitly …
Persistent link: https://www.econbiz.de/10009765356
The paper explores incentives created by the German Bank Restructuring Act for investors holding assets in systemically important banks (SIBs). Its purpose is to examine consequences that follow for risk choices of SIBs, as well as for Germany's financial system. Applying the analytical model of...
Persistent link: https://www.econbiz.de/10009788241
This clinical paper gives guidance on how to correctly compute and evaluate the share price performance of a corporation during a specific CEO tenure. Although the emphasis is on Deutsche Bank's share price performance between 2002 and 2012, a lot of general questions relevant for this kind of...
Persistent link: https://www.econbiz.de/10013065597
a historical case study where a large, well-identified shock to margin credit disrupted the German stock market. In May … 1927, the German central bank forced banks to cut margin lending to their clients. However, this shock affected banks … differentially; the magnitude of credit change differed across banks. Using the strong connections between banks and firms in …
Persistent link: https://www.econbiz.de/10013017850
a historical case study where a large, well-identified shock to margin credit disrupted the German stock market. In May … 1927, the German central bank forced banks to cut margin lending to their clients. However, this shock affected banks … differentially; the magnitude of credit change differed across banks. Using the strong connections between banks and firms in …
Persistent link: https://www.econbiz.de/10013026247
three-level structure of the credit unions, with the central banks and regions which have hardly been investigated in … relationship between the central banks and the ‹Preußenkasse›. The same applies to the topic of agricultural lending, where the … implementation of numerous lending programs. When and if researchers will gain access to the files in the collection through suitable …
Persistent link: https://www.econbiz.de/10011780225
This paper provides an account of the history of Deutsche Bank in the style of a narrative. Since more than 120 years, Deutsche Bank has been the most important German bank. Its history has been shaped by crises and efforts to overcome them. Moreover, throughout its history, the development of...
Persistent link: https://www.econbiz.de/10012233138
This paper studies a major financial panic, the run on the German banking system in 1931, to distinguish between banking theories that view depositors as demanders of liquidity and those that view them as providers of discipline. Our empirical approach exploits the fact that the German Crisis of...
Persistent link: https://www.econbiz.de/10012848242
Current theories of financial regulation suggest expanding rules-based formal state intervention to promote international banking stability. Such policy solutions should then be global in scope. This article instead argues that principles-based informal co- and self-regulation through domestic...
Persistent link: https://www.econbiz.de/10014436557
In his article, Sebastian Knake challenges the general assumption that traditional savings accounts in the US disappeared naturally as a result of the combination of interest rate regulation and extraordinarily high market interest rates during the stagflation period. By comparing the US...
Persistent link: https://www.econbiz.de/10015050123