The agency conflicts inherent in securitization are viewed by many as having been a key contributor to the recent … research for the U.S. home mortgage market suggests that securitization itself may not have been a problem, but rather the …

This paper aims to make an empirical contribution to the discussion of the role of banks and to find out if banking is … a declining industry. It takes into account that the role of banks is declining in the United States and the fact that … disintermediation, securitization and an increase in the importance of nonbank financial intermediaries (Schmidt, Hackethal and Tyrell …

in relation to endogenous money, including the location of that analysis with commercial banks (some of whose liabilities … banks and money. Some thoughts are offered on the impact which those changes of the financial system have for the analysis … of banks and of money. …

opportunity to Greek banks to take a deep breath and get rid of a very large volume of non-performing loans from their balance … sheets, and secondly, the vital role of strategy nowadays in both the survival and growth of banks. …