Heterogeneity Of Bank Risk Weights In The Eu

Author : Rima Turk-Ariss
Publisher : International Monetary Fund
Page : 48 pages
File Size : 51,7 Mb
Release : 2017-06-09
Category : Business & Economics
ISBN : 9781484302958

Get Book

Heterogeneity of Bank Risk Weights in the EU by Rima Turk-Ariss Pdf

Concerns about excessive variability in bank risk weights have prompted their review by regulators. This paper provides prima facie evidence on the extent of risk weight heterogeneity across broad asset classes and by country of counterparty for major banks in the European Union using internal models. It also finds that corporate risk weights are sensitive to the riskiness of an average representative firm, but not to a market indicator of a firm’s probablity of default. Under plausible yet severe hypothetical scenarios for harmonized risk weights, counterfactual capital ratios would decline significantly for some banks, but they would not experience a shortfall relative to Basel III’s minimum requirements. This, however, does not preclude falling short of meeting additional national supervisory capital requirements.

Author : Anonim
Publisher : Lulu.com
Page : 294 pages
File Size : 51,7 Mb
Release : 2004
Category : Bank capital
ISBN : 9789291316694

Get Book

International Convergence of Capital Measurement and Capital Standards by Anonim Pdf

Author : Vanessa Le Leslé,Ms.Sofiya Avramova
Publisher : International Monetary Fund
Page : 50 pages
File Size : 55,9 Mb
Release : 2012-03-01
Category : Business & Economics
ISBN : 9781475502657

Get Book

Revisiting Risk-Weighted Assets by Vanessa Le Leslé,Ms.Sofiya Avramova Pdf

In this paper, we provide an overview of the concerns surrounding the variations in the calculation of risk-weighted assets (RWAs) across banks and jurisdictions and how this might undermine the Basel III capital adequacy framework. We discuss the key drivers behind the differences in these calculations, drawing upon a sample of systemically important banks from Europe, North America, and Asia Pacific. We then discuss a range of policy options that could be explored to fix the actual and perceived problems with RWAs, and improve the use of risk-sensitive capital ratios.

Author : Mr.Shekhar Aiyar,Mai Chi Dao,Mr.Andreas A. Jobst,Ms.Aiko Mineshima,Ms.Srobona Mitra,Mahmood Pradhan
Publisher : International Monetary Fund
Page : 114 pages
File Size : 55,6 Mb
Release : 2021-03-26
Category : Business & Economics
ISBN : 9781513572772

Get Book

COVID-19: How Will European Banks Fare? by Mr.Shekhar Aiyar,Mai Chi Dao,Mr.Andreas A. Jobst,Ms.Aiko Mineshima,Ms.Srobona Mitra,Mahmood Pradhan Pdf

This paper evaluates the impact of the crisis on European banks’ capital under a range of macroeconomic scenarios, using granular data on the size and riskiness of sectoral exposures. The analysis incorporates the important role of pandemic-related policy support, including not only regulatory relief for banks, but also policies to support businesses and households, which act to shield the financial sector from the real economic shock.

Author : Mr.Sami Ben Naceur,Caroline Roulet
Publisher : International Monetary Fund
Page : 50 pages
File Size : 52,9 Mb
Release : 2017-11-15
Category : Business & Economics
ISBN : 9781484329191

Get Book

Basel III and Bank-Lending: Evidence from the United States and Europe by Mr.Sami Ben Naceur,Caroline Roulet Pdf

Using data on commercial banks in the United States and Europe, this paper analyses the impact of the new Basel III capital and liquidity regulation on bank-lending following the 2008 financial crisis. We find that U.S. banks reinforce their risk absorption capacities when expanding their credit activities. Capital ratios have significant, negative impacts on bank-retail-and-other-lending-growth for large European banks in the context of deleveraging and the “credit crunch” in Europe over the post-2008 financial crisis period. Additionally, liquidity indicators have positive but perverse effects on bank-lending-growth, which supports the need to consider heterogeneous banks’ characteristics and behaviors when implementing new regulatory policies.

Author : Mr.Sonali Das,Mr.Amadou N. R. Sy
Publisher : International Monetary Fund
Page : 38 pages
File Size : 45,5 Mb
Release : 2012-01-01
Category : Business & Economics
ISBN : 9781463933791

Get Book

How Risky Are Banks' Risk Weighted Assets? Evidence From the Financial Crisis by Mr.Sonali Das,Mr.Amadou N. R. Sy Pdf

We study how investors account for the riskiness of banks' risk-weighted assets (RWA) by examining the determinants of stock returns and market measures of risk. We find that banks with higher RWA had lower stock returns over the US and European crises. This relationship is weaker in Europe where banks can use Basel II internal risk models. For large banks, investors paid less attention to RWA and rewarded instead lower wholesale funding and better asset quality. RWA do not, in general, predict market measures of risk although there is evidence of a positive relationship before the US crisis which becomes negative afterwards.

Author : Benjamin H. Cohen,Michela Scatigna
Publisher : Unknown
Page : 27 pages
File Size : 45,6 Mb
Release : 2014
Category : Bank capital
ISBN : 9291311448

Get Book

Banks and Capital Requirements by Benjamin H. Cohen,Michela Scatigna Pdf

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 114 pages
File Size : 43,7 Mb
Release : 2017-08-28
Category : Business & Economics
ISBN : 9781484316832

Get Book

Luxembourg by International Monetary Fund. Monetary and Capital Markets Department Pdf

This Technical Note reviews the stability of Luxembourg’s financial system. The financial soundness indicators for Luxembourg’s financial system, which plays a key role in the intermediation of financial capital, have remained relatively robust in recent years. Household stress test results suggest that households’ solvency would be significantly affected by a drop in income and housing prices and a rise in unemployment. Bank liquidity displays broad resilience, but would be weakened should wholesale funding dry up or funding stress emerge in foreign currencies. Banks were found to be less vulnerable to direct contagion risk through bilateral exposure; however, most banks have considerable cross-border exposure.

Author : International Monetary Fund
Publisher : International Monetary Fund
Page : 45 pages
File Size : 44,5 Mb
Release : 2014-06-11
Category : Business & Economics
ISBN : 9781498342629

Get Book

Staff Guidance Note on Macroprudential Policy by International Monetary Fund Pdf

This note provides guidance to facilitate the staff’s advice on macroprudential policy in Fund surveillance. It elaborates on the principles set out in the “Key Aspects of Macroprudential Policy,” taking into account the work of international standard setters as well as the evolving country experience with macroprudential policy. The main note is accompanied by supplements offering Detailed Guidance on Instruments and Considerations for Low Income Countries

Author : International Monetary Fund. Monetary and Capital Markets Department
Publisher : International Monetary Fund
Page : 51 pages
File Size : 49,9 Mb
Release : 2017-11-13
Category : Business & Economics
ISBN : 9781484327197

Get Book

Spain by International Monetary Fund. Monetary and Capital Markets Department Pdf

This Technical Note discusses the results of the stress testing of banking system resilience in Spain. The results indicate that some banks may have difficulty enduring additional pressures on their profitability. In addition, some banks are vulnerable to market losses arising from a rapid increase in interest rates, given their significant exposures to fixed income securities. Near-term funding and liquidity risks seem limited, but funding challenges are likely to grow. Several banks are heavily reliant on central bank funding. Based on these findings, the authorities are encouraged to continue to monitor closely interest rate and government bond market risks in their stress testing exercises.

Author : Edward S Robinson,Claudio Borio,Hyun Song Shin
Publisher : World Scientific
Page : 724 pages
File Size : 46,7 Mb
Release : 2022-12-28
Category : Business & Economics
ISBN : 9789811259449

Get Book

Macro-financial Stability Policy In A Globalised World: Lessons From International Experience - Selected Papers From The Asian Monetary Policy Forum 2021 Special Edition And Mas-bis Conference by Edward S Robinson,Claudio Borio,Hyun Song Shin Pdf

Since at least the Great Financial Crisis, authorities around the world have increasingly relied on macroprudential policy to help secure financial stability and complement monetary policy as an integral element of a broader macro-financial stability framework. In today's interconnected global financial system, policy actions taken by the major advanced economies can have spillovers on the rest of the world through their impact on capital flows and exchange rates, potentially generating vulnerabilities across borders. Conversely, in emerging market economies, macroprudential policy as well as foreign exchange intervention and/or capital flow management policy can help mitigate the corresponding impact. This can in turn generate spillbacks on advanced economies — spillbacks that have become more sizeable as the emerging market economies' heft in the world has grown. Yet little is known about these interactions.The contents of this book are based on a conference held on 26-28 May 2021 and jointly hosted by the Monetary Authority of Singapore (MAS) and the Bank for International Settlements (BIS). It aims to contribute to existing literature on macro-financial policymaking by providing an overall conceptual framework and documenting the latest global trends and country experiences. In particular, it highlights the role of international spillovers and spillbacks, paying particular attention to emerging market economies. This book is essential reading for academics, graduate students and economic professionals. It can also serve as a handbook for policymakers at central banks, regulatory authorities and other government agencies tasked with designing and implementing macroprudential or more generally macro-financial stability policies. The book will also be of interest to researchers at international organisations.

Author : Andreas Jobst,Anke Weber
Publisher : International Monetary Fund
Page : 34 pages
File Size : 53,6 Mb
Release : 2016-08-19
Category : Business & Economics
ISBN : 9781475527513

Get Book

Profitability and Balance Sheet Repair of Italian Banks by Andreas Jobst,Anke Weber Pdf

The profitability of Italian banks depends, among other factors, on the strength of the ongoing economic recovery, the stance of monetary policy, and the beneficial effects of current and past reforms, notably to address structural obstacles to resolving nonperforming loans (NPLs) and to foster banking sector consolidation. Improved profitability would enable banks to raise capital buffers and accelerate the cleanup of their balance sheets. This paper investigates quantitatively the current and prospective earnings capacity of Italian banks. A bottom-up analysis of the 15 largest Italian banks suggests that the system is on the whole profitable, but that there is significant heterogeneity across banks. Many banks should become more profitable as the economy recovers, but their capacity to lend depends on the size of their capital buffers. However, a number of smaller banks face profitability pressures, even under favorable assumptions. There is thus a need to push ahead decisively on cleaning up balance sheets, including through cost cutting and efficiency gains.

Author : Carmen M. Reinhart,Kenneth S. Rogoff
Publisher : Princeton University Press
Page : 513 pages
File Size : 53,7 Mb
Release : 2011-08-07
Category : Business & Economics
ISBN : 9780691152646

Get Book

This Time Is Different by Carmen M. Reinhart,Kenneth S. Rogoff Pdf

An empirical investigation of financial crises during the last 800 years.

Author : Leslie Hamilton,Philip Webster
Publisher : Unknown
Page : 483 pages
File Size : 47,6 Mb
Release : 2018-12-06
Category : Electronic
ISBN : 9780198804291

Get Book

The International Business Environment by Leslie Hamilton,Philip Webster Pdf

In this versatile and engaging textbook the authors integrate diverse, global examples with coverage of all key topics to produce the most practical and multi-perspective international business environment textbook. Students are supported in their learning with chapter summaries, diagrams, and a comprehensive glossary, but also challenged by counterpoint boxes, learning tasks, and review questions in every chapter, encouraging critical thinking and research skills. Even with its comprehensive breadth of coverage, The International Business Environment remains concise and accessible through use of the PESTLE framework to steer its analysis. Now in its fourth edition, this book is the ideal companion to any international business environment course.New to this EditionAn extensive refresh of case studies across the book ensures that the most contemporary developments in global businesses are available for exploration and analysis. These include the exploits of companies like Google, Netflix, Uber, and Apple, as well as international developments such as Brexit, the Trump presidency, China's One Belt One Road project, and Saudi Arabian women's rights.New contributors join the author team to offer their relevant expertise on the different contexts of the international business environment.Figures, tables, and statistics have been updated throughout to give the latest picture and provide the most up-to-date analysis.This title is available as an eBook. Please contact your Sales and Learning Resource Consultant for more information.

Author : International Monetary Fund. Research Dept.
Publisher : International Monetary Fund
Page : 15 pages
File Size : 43,6 Mb
Release : 2017-11-09
Category : Business & Economics
ISBN : 9781484327296

Get Book

IMF Research Bulletin, Fall 2017 by International Monetary Fund. Research Dept. Pdf

The Fall 2017 IMF Research Bulletin includes a Q&A article covering "Seven Questions on the Globalization of Farmland" by Christian Bogmans. The first research summary, by Manmohan Singh and Haobing Wang is "Central Bank Balance Sheet Policies: Some Policy Implications." The second research summary is "Leaning Against the Windy Bank Lending" by Giovanni Melina and Stefania Villa. A listing of new IMF Working Papers and Staff Discussion Notes is featured, as well as new titles from IMF Publications. Information on IMF Economic Review is also included.