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Embracing the Alternatives; Non-bank Finance in Europe
Oleh:
[s.n]
Jenis:
Article from Bulletin/Magazine
Dalam koleksi:
The Economist (http://search.proquest.com/) vol. 405 no. 8815 (Dec. 2012)
,
page 14.
Topik:
International
;
Economic Crisis
;
Economic Planning
;
Regulation of Financial Institutions
Ketersediaan
Perpustakaan Pusat (Semanggi)
Nomor Panggil:
EE29.74
Non-tandon:
1 (dapat dipinjam: 0)
Tandon:
tidak ada
Lihat Detail Induk
Isi artikel
The financial crisis has produced a wave of regulation to make the banking system safer. Banks are being required to hold more capital. They are being pushed out of riskier areas of activity. This week regulators in America and Britain gave more details of plans to impose losses on bank bondholders to spare taxpayers the cost of resolving failing lenders . Such reforms are needed. Banks must be better cushioned against losses and it must be possible for them to fail. But refashioning the banks carries a cost. By making it more expensive to fund assets, both because of higher capital charges and because bondholders will bear more risk in future, the new rules are forcing lenders to be pickier.
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