Banking and financial markets: (Record no. 27433)
[ view plain ]
| 000 -LEADER | |
|---|---|
| fixed length control field | 02312nam a22002057a 4500 |
| 020 ## - INTERNATIONAL STANDARD BOOK NUMBER | |
| ISBN | 9783030268435 |
| 082 ## - DEWEY DECIMAL CLASSIFICATION NUMBER | |
| Classification number | 332.6 |
| Item number | BIL-B |
| 100 ## - MAIN ENTRY--AUTHOR NAME | |
| Personal name | Bilan, Andrada |
| 245 ## - TITLE STATEMENT | |
| Title | Banking and financial markets: |
| Sub Title | How banks and financial technology are reshaping financial markets/ |
| Statement of responsibility, etc | Andrada Bilan et.al. |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. (IMPRINT) | |
| Place of publication | Switzerland: |
| Name of publisher | Palgrave macmillan, |
| Year of publication | 2019 |
| 300 ## - PHYSICAL DESCRIPTION | |
| Number of Pages | ix,221p. |
| 520 ## - SUMMARY, ETC. | |
| Summary, etc | The traditional role of a bank was to transfer funds from savers to investors, engaging in maturity transformation, screening for borrower risk and monitoring for borrower effort in doing so. A typical loan contract was set up along six simple dimensions: the amount, the interest rate, the expected credit risk (determining both the probability of default for the loan and the expected loss given default), the required collateral, the currency, and the lending technology. However, the modern banking industry today has a broad scope, offering a range of sophisticated financial products, a wider geography -- including exposure to countries with various currencies, regulation and monetary policy regimes -- and an increased reliance on financial innovation and technology. These new bank business models have had repercussions on the loan contract. In particular, the main components and risks of a loan contract can now be hedged on the market, by means of interest rate swaps, foreign exchange transactions, credit default swaps and securitization. Securitized loans can often be pledged as collateral, thus facilitating new lending. And the lending technology is evolving from one-to-one meetings between a loan officer and a borrower, at a bank branch, towards potentially disruptive technologies such as peer-to-peer lending, crowd funding or digital wallet services. This book studies the interaction between traditional and modern banking and the economic benefits and costs of this new financial ecosystem, by relying on recent empirical research in banking and finance and exploring the effects of increased financial sophistication on a particular dimension of the loan contract. |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Capital market |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Banks and banking |
| 650 ## - SUBJECT ADDED ENTRY--TOPICAL TERM | |
| Topical Term | Finance |
| Form subdivision | Technological innovations. |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Degryse, Hans |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | O'Flynn, Kuchulain |
| 700 ## - ADDED ENTRY--PERSONAL NAME | |
| Personal name | Ongena, Steven |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Source of classification or shelving scheme | |
| Koha item type | Books |
| Withdrawn status | Lost status | Damaged status | Not for loan | Permanent Location | Current Location | Date acquired | Source of acquisition | Cost, normal purchase price | Full call number | Accession Number | Cost, replacement price | Price effective from | Koha item type |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| NASSDOC Library | NASSDOC Library | 2022-03-10 | 7 | 5561.54 | 332.6 BIL-B | 52073 | 7618.55 | 2022-03-10 | Books |