Download or read book The Risks and Returns Associated with the Insurance Activities of Foreign Subsidiaries of U S Banking Organizations written by Gary Whalen and published by . This book was released on 2000 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Risks and Returns Associated with the Insurance Activities of Foreign Subsidiaries of U S Banking Organizations written by Gary Whalen and published by . This book was released on 2000 with total page 43 pages. Available in PDF, EPUB and Kindle. Book excerpt: "In late 1999, U.S. banking organizations were granted permission to indirectly engage in insurance underwriting by affiliating with insurance companies in a holding company framework. To date, however, few such combinations have occurred and so little empirical evidence on the actual benefits of this sort of merger exists. Most of the available empirical evidence on the risks and returns of bank involvement in insurance activities is drawn from studies examining only hypothetical mergers of banks and insurance companies. Although some U.S. banks have begun to sell insurance products domestically in recent years, there have been virtually no studies of the actual risks and return of this activity because banks are not required to report information on this individual line of business. But U.S. banking organizations have been permitted to sell insurance and underwrite life insurance outside the U.S. through foreign subsidiaries and file financial statements for each of these subsidiaries with the Federal Reserve. The primary aim of this study is to use these data over a 13-year time span (1987-1999) to generate evidence on the risks and return actually associated with bank controlled insurance operations. This exercise should provide needed insight on the likely effects of an increase in domestic insurance activities by U.S. banks. Although the results are somewhat sensitive to the aggregation method employed, the evidence is basically consistent with the findings reported in previous work where only hypothetical bank-insurance combinations were analyzed. When ROA is used as the measure of returns, the mean and median returns earned in insurance activities exceed banking returns as well as the returns earned in other nonbanking activities by a substantial margin. When ROE is used to measure returns, the pattern is more mixed because equity-asset ratios in insurance activities are much higher than they are for the two benchmark activities. The evidence generally shows that when viewed on a stand-alone basis, insurance activities are slightly riskier than banking but less risky than the other nonbanking activities BHCs have been permitted to engage in. The results of an analysis of simple two-asset portfolios (banking and insurance) suggest banking organizations can improve, or at least not unfavorably alter their risk/returnopportunities by engaging in both banking and insurance activities"--Office of the Comptroller of the Currency web site.
Download or read book The Securities Activities of the Foreign Subsidiaries of U S Banks written by Gary Whalen and published by . This book was released on 1998 with total page 54 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Banking and Financial Services written by Melanie L. Fein and published by Aspen Publishers. This book was released on 2006-04-24 with total page 1224 pages. Available in PDF, EPUB and Kindle. Book excerpt: For banks, insurance companies and securities firms preparing to capitalize on the rapidly accelerating trend towards financial services convergence, the possibilities are virtually endless. This book provides coverage of essential financial services regulation. It offers red flags pinpointing regulatory obstacles and pitfalls.
Download or read book Interstate Banking and Insurance Activities of National Banks written by United States. Congress. Senate. Committee on Banking, Housing, and Urban Affairs and published by . This book was released on 1994 with total page 312 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Securities Activities of the Foreign Subsidiaries of U S Banks written by Gary Whalen and published by . This book was released on 1998 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Governing Banking s Future Markets vs Regulation written by Catherine England and published by Springer Science & Business Media. This book was released on 2013-11-22 with total page 196 pages. Available in PDF, EPUB and Kindle. Book excerpt: Risk-based capital standards presume a need for common capital standards across countries. The details of forging an agreement were left to the staffs of the primary bank regulators in each country, and compromises were inevitable. Although domestic constituencies' reactions to the proposals were invited, the arduous negotiations that led to the proposals generated intense pressure on the principals not to make changes. The European Community's approach to financial integration seems to be driven by a political desire to achieve an integrated market within Europe, despite significant institutional differences among countries. Underlying that desire is a belief that the market pressures that result from different regulatory systems operating in the same market will produce the right answer. The financial provisions of the U.S.-Canada free-trade agreement take a direction that, in my judgment, is more productive. The provisions are more limited in scope than are those of the European initiative. National treatment and national sovereignty are preserved. However, the delicate issue of national responsibility for failing institutions, and its relationship to monetary policies, is not addressed. A Better Alternative A productive basis for international regulation can be formulated around three principles: 1. free entry for foreign-owned subsidiaries chartered under the laws of the host country; 2. national treatment for those subsidiaries; and 3. national responsibility for (a) monetary policy, (b) prevention of unwarranted financial panics in domestically chartered institutions, whether foreign or domestically owned, and (c) supervision of all domestically chartered institutions, regardless of ownership.
Download or read book Deposit Insurance written by Richard L. Fogel and published by DIANE Publishing. This book was released on 1998-04 with total page 197 pages. Available in PDF, EPUB and Kindle. Book excerpt: Deposit insurance was initiated in the 1930s to help restore confidence in the banking system after thousands of banks failed and millions of dollars in deposits were lost during the Great Depression. In 1990, the federal government insured about $3 trillion in deposits in the nation1s banks, thrifts, and credit unions and has to date fulfilled its goal of maintaining the stability of the banking system. This report discusses issues associated with reforming the deposit insurance system, specifically changes to the system that will promote a safe, sound, and stable banking industry. Charts and tables.
Download or read book Regulation of Foreign Banks written by Michael Gruson and published by . This book was released on 2003 with total page 1288 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Federal Reserve System Purposes and Functions written by Board of Governors of the Federal Reserve System and published by . This book was released on 2002 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides an in-depth overview of the Federal Reserve System, including information about monetary policy and the economy, the Federal Reserve in the international sphere, supervision and regulation, consumer and community affairs and services offered by Reserve Banks. Contains several appendixes, including a brief explanation of Federal Reserve regulations, a glossary of terms, and a list of additional publications.
Download or read book Risk Based Capital written by Lawrence D. Cluff and published by DIANE Publishing. This book was released on 2000 with total page 187 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Insurance Activities of Banks written by Karol K. Sparks and published by Wolters Kluwer. This book was released on 2011-12-19 with total page 1480 pages. Available in PDF, EPUB and Kindle. Book excerpt: As more and more banking organizations enter the insurance business, the line between banks and insurance agencies has virtually disappeared - in practice and in the eyes of federal and state legislators. The need has never been greater for a clear guide that explains the legal and regulatory limits placed on banks involved in insurance sales activities. Insurance Activites of Banks, Second Edition provides authoritative coverage of insurance products now offered by banks plus the latest judicial and legislative developments, including the landmark Gramm-Leech-Bliley Act, that affect their activities. It presents in clear detail on such vital topics as: The many types of insurance activities now being handled by banks, including retail sales of insurance and underwriting risk Major state insurance regulatory issues and how banks are affected State banks, national banks, and thrifts, and the insurance activities permissible for each type of institution The various organization structures, such as bank holding companies, financial holding companies, financial subsidiaries, and how to choose the right entity for conducting insurance activities. Offshore insurance activities.
Download or read book Modernizing the Financial System written by United States. Department of the Treasury and published by . This book was released on 1991 with total page 780 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Bank Size and Systemic Risk written by Mr.Luc Laeven and published by International Monetary Fund. This book was released on 2014-05-08 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: The proposed SDN documents the evolution of bank size and activities over the past 20 years. It discusses whether this evolution can be explained by economies of scale or “too big to fail” subsidies. The paper then presents evidence on the extent to which bank size and market-based activities contribute to systemic risk. The paper concludes with policy messages in the area of capital regulation and activity restrictions to reduce the systemic risk posed by large banks. The analysis of the paper complements earlier Fund work, including SDN 13/04 and the recent GFSR chapter on “too big to fail” subsidies, and its policy message is in line with this earlier work.
Download or read book Federal Register written by and published by . This book was released on 2016 with total page 382 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book United States Canada Free Trade Agreement written by United States. Congress. House. Committee on Banking, Finance, and Urban Affairs and published by . This book was released on 1988 with total page 64 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Cross border Diversification in Bank Asset Portfolios written by Claudia M. Buch and published by . This book was released on 2004 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt:
