We study capital regulation in a dynamic banking model with non-maturing deposits. Optimal withdrawals of depositors make bank deposits endogenously long-term. Capital regulation addresses deposit dilution but is subject to a time-inconsistency problem. Comparing the optimal policies of...

The aim of the article is to verify the conceptual model of integrated optimization of a bank's value, which enables the integration of the risk management process with business processes while maintaining compromise between the safety (stability) of a bank's operations and striving to maximize...

Bank marketing as a specialized area in marketing management strategy is customer-oriented and therefore requires the attributes of negotiation, empathy and relationship management. Customer is always the king and often expresses satisfaction in his or her own terms. The process of bank...

This open-access book provides readers with a comprehensive, practical and timely discussion of how to navigate the integration of climate-related considerations into bank risk management, including key methodologies, processes and implications. Climate risks pose new and complex challenges to...

Der Preis der Schwedischen Reichsbank für Wirtschaftswissenschaften im Gedenken an Alfred Nobel geht an Ben Bernanke, Douglas Diamond und Philip Dybvig. Nach Ansicht der Königlich Schwedischen Akademie der Wissenschaften haben die Preisträger "unser Verständnis der Rolle der Banken in der...

Der Preis der Schwedischen Reichsbank für Wirtschaftswissenschaften im Gedenken an Alfred Nobel geht an Ben Bernanke, Douglas Diamond und Philip Dybvig. Nach Ansicht der Königlich Schwedischen Akademie der Wissenschaften haben die Preisträger "unser Verständnis der Rolle der Banken in der...

We introduce a new framework for banking competition to protect favorable economic and financial consequences of bank specialness and mitigating unfavorable consequences. We also broaden the existing bank specialness concept. which embodies implicit unnecessary assumptions that would prevent...

Die Weiterentwicklung der Mindestanforderungen an das Risikomanagement (MaRisk) in Banken, Sparkassen und Finanzdienstleistungsinstituten nimmt damit befasste Entscheidungsträger vielseitig neu in die Pflicht. Wie sich die neuen Vorgaben zielgerichtet und passgenau umsetzen lassen, zeigt Ihnen...

In Reaktion auf die globale Finanzkrise der Jahre 2007-2009 wurden in einer Reihe von Rechtsordnungen Bankenstrukturreformen eingeleitet und zum Teil umgesetzt. Diese gesetzgeberischen Bestrebungen zählen zu den wohl umstrittensten und im Hinblick auf die Intensität des Eingriffs in etablierte...

Far-reaching transformations in the world of work are being discussed vividly under the term 'artificial intelligence'. Questions are arising about the changing role of humans in work processes and their freedom to determine work content and conditions.This book explores these potential areas of...

"The book provides deep insight into the processes of digital transformation of banking according to economic, institutional, and social dimensions. Together with the transformation of incumbent banks, the processes result in changes in the scope of existing banking services. Moreover, new...

Dieses Buch bietet den kompletten, für die Abschlussprüfung relevanten Lernstoff in Form von knappen tabellarischen Übersichten und übersichtlichen Grafiken für alle Prüfungsthemen. Die Auszubildenden können somit gezielt Wissenslücken schließen und sich die wesentlichen Inhalte merken...

Macroprudential regulation is a set of economic and policy tools that aim to mitigate risk in the financial and banking systems. It was largely developed in response to the financial crisis of 2007-08, turning central banks into de facto financial policemen. Taming the Cycles of Finance traces...

We consider a spatial model of bank competition to study how the diffusion of information technology affects competition in the lending market, stability of the banking sector, and social welfare. We find that the effects of an improvement in information technology depend on whether or not it...

This paper studies the high and persistent U.S. cost of financial intermediation (CFI) documented by Philippon (2015) and its inverted U-shape behavior since the mid-1960s. We build a novel model of endogenous growth and bank intermediation and introduce imperfect bank competition, bank IT...

Bank liabilities include debt with long-term maturities and deposits that typically are not withdrawn for extended periods. This subjects bank liabilities to debt dilution. Our analysis shows that this has major effects for how monetary policy shocks are transmitted to banks and for optimal...

Germany was considered the world's export champion for a long time, until it was overtaken by China in 2009. Both nations provide officially supported export credits to national exporting organizations, but the two systems operate differently. German export credit guarantees serve as a...

The global pathway to net zero emissions by 2050 requires governments to implement and strengthen climate policies as global emissions are reaching record level. Climate finance plays a crucial role in the net zero transition. It refers to local, national or transnational financing seeking to...

The aim of this essay is to point out the challenges and opportunities of government export credits and insurance in Europe. The Covid-19 pandemic confronted the entire world with new challenges. This also applied to the export financing and insurance market. Furthermore, there are also...

This paper examines and evaluates the challenges and opportunities of export credit agencies (ECA) in the Middle East and North Africa (MENA) region. Political risks, unrest and instability made exports in the MENA region arduous. Further challenges are demonetization, the lack of reliable...

"Hinging on basic principles, this banking handbook omits a lot of product detail and complex mathematics on the more technical aspects of finance and focuses on key issues in bank strategy, liquidity management, management reporting, the yield curve and asset liability management"--

Kontoführung -- Zahlungsformen -- Ausländischer Zahlungsverkehr -- Anlage auf Konten -- Kreditgeschäft: Verbraucherdarlehen -- Maßnahmen gegen Kreditgefährdung -- Geld- und Vermögensanlage -- Kreditgeschäft: Firmenkredit und Baufinanzierung -- Kreditsicherheiten -- Aktuelle Eurobeträge,...

Unternehmen des Finanzsektors unterliegen zwei detaillierten Regelungsregimen zur Unternehmensführung - einem gesellschaftsrechtlichen und einem aufsichtsrechtlichen -, deren Vorgaben zueinander im Widerspruch stehen können. Zusätzliche Brisanz hat diese Entwicklung dadurch erfahren, dass die...

"This volume reconsiders the economic history of the ancient and late ancient Mediterranean and Near East from the perspective of David Graeber's anthropological theory. It pursues two purposes. On the one hand, it tests the accuracy of the grand narrative put forward in his 2011 monograph Debt:...

Chapter 1: Introduction -- Chapter 2: Finanzplatz Schweiz: Financial Center Switzerland -- Chapter 3: Swiss Banking System -- Chapter 4: Swiss Bank (Customer) Secrecy & the International Exchange of Information -- Chapter 5: Swiss Financial Market Regulators & Laws -- Chapter 6: Swiss...

The majority of bank liabilities are deposits typically not withdrawn for extended periods. We propose a dynamic model of banks in which depositors forecast banks' leverage and default decisions, and withdraw optimally by trading off current against future liquidity needs. Endogenous deposit...

Chapter 1. Introduction -- PART I: Corporate Governance. Chapter 2. Compensation Policy in Banking: The case of Tournament Incentives -- Chapter 3. The Effect of Board Diversity and ESG Engagement on Banks’ Profitability and Risk -- Chapter 4. ESG default risk mitigation effect: a...

Dieses Buch bietet den kompletten, für die Abschlussprüfung relevanten Lernstoff in Form von knappen tabellarischen Übersichten und übersichtlichen Grafiken für alle Prüfungsthemen. Die Auszubildenden können somit gezielt Wissenslücken schließen und sich die wesentlichen Inhalte merken...