PPT-Discussion of Altunbas et al. (2016) “Competition and Bank Risk: The Effect of Securitization

EBA Policy Research Workshop Philipp Koziol ECBUNRESTRICTED DRAFT This presentation represents the authors personal opinions and does not necessarily reflect the views of the . Introduction oes the advance of securitiza tiona key element in the evolution from banking to shadow banking Pozsar et al 2010 signal the decline of tr aditional banking Not necessarily for banks play a vita l role in the securitization process at a What is the Role of the Government?. César . Calderón. (FPDCE), Maria Soledad . Martínez. . Pería. (DECFP), Mauricio . Pinzón. . Latorre. (FPDCE), Klaus . Schaeck. (Bangor University). Motivation. Banking Trade. :. seigniorage. , risk-shifting, and more. Marcus Miller and Lei . Zhang. University of Warwick . 1. ‘There are few ways a man may be more innocently employed than in getting money’.. Building a conducive environment that attracts foreign direct investment. 26 November 2015. Contents. Introduction. Arrears clearance. Economic overview . Budget framework. Revitalising agriculture. Advancing beneficiation/value addition. Discussion. Gabriella Chiesa. University of Bologna. Review of the literature. conventional wisdom: competition in banking results in ceteris paribus greater instability (more failures). C. ompetition for deposits: ↑“debt burden” (risk-shifting incentives). Lynne P. . Cooper, Ph.. D.. Jet Propulsion Laboratory. California Institute of Technology. - and -. Daniel J. Epstein Department of Industrial and Systems Engineering. University of Southern California. 6/23/2016. What Is . Culinary Arts?. Culinary Arts. A team event, (three members, you may have two, but it puts you at a disadvantage) of students from your school. Must be enrolled in Culinary Arts 1, Culinary Arts 2, Foods 2, . Accounting in the Banking Industry: . A . review of the empirical literature . b. y Beatty and Liao. 2013 . JAE . Conference. Robert Bushman. Banking is not just another industry. Banks are special! . Building a conducive environment that attracts foreign direct investment. 26 November 2015. Contents. Introduction. Arrears clearance. Economic overview . Budget framework. Revitalising agriculture. Advancing beneficiation/value addition. : . The Fall . of . The Greatest. Prof. . Darko. . Vukovic. E-mail: vdarko@hotmail.rs. 1. Changes in Housing Finance. Prior to 1970, most mortgage loans would come from a local lender such as a . neighborhood savings . The Competition Provisions of the Competition and Consumer Act.  . Professor Allan Fels AO. Melbourne Law School.  . May 2014. Author’s name goes here. OUTLINE.  . Section 46. Simplification of the competition provisions of the . A Recap & Look Forward”. June 3, 2016. Panel Members. Andrew Nesi, . Executive Vice President. (. 203) 418-9057. anesi@hjsims.com. Walter Unangst, . Senior Vice President. . (610) 832-1764. walter.unangst@fnfg.com. It should be noted that there are two rules of interpretation, which are applicable in law relating to anti-competitive agreements.. The rule of Reason. The . per se . rule . Rule of Reason. It is a legal approach where an attempt is made to evaluate the pro-competition effect in order to decide whether the practice should be prohibited or not. . Marcus Miller, Lei Zhang and Han . Hao. Li. University of Warwick. 1. Independent Commission on Banking (ICB):. background and mandate. ‘The global financial crisis that began in 2007 has exposed fundamental weaknesses in banking systems and...