Financial Conglomerates: New Rules for New Players? 1995 Edition Contributor(s): Van Den Berghe, L. (Editor) |
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ISBN: 0792337530 ISBN-13: 9780792337539 Publisher: Springer OUR PRICE: $104.49 Product Type: Hardcover - Other Formats Published: October 1995 Annotation: In recent years financial conglomerates have been established throughout Europe. This horizontal diversification has attracted a great deal of attention in the banking and insurance sector, and has alarmed the supervisory authorities and the European Commission.Financial Conglomerates: New Rules for New Players? gives a broad, innovative survey of the following aspects: it analyzes different sets of definitions of financial conglomerates, groups, consolidation criteria, etc., testing the practical effects of these definitions on the basis of a detailed relational database; although the benefits of financial conglomerates are straightforward, it is clear that quite a number of potential risks cannot be ignored; moreover, the differences in regulation of the solvency requirements for banks, insurance companies and investment firms are analyzed in order to look for a possible approach for calculating the necessary level of solvency for financial conglomerates. Audience: Required reading for practitioners as well as academic researchers in both the financial and the insurance markets. Strategic as well as regulatory perspectives are relevant disciplines. |
Additional Information |
BISAC Categories: - Business & Economics | Banks & Banking - Business & Economics | Finance - General - Law | Business & Financial |
Dewey: 332.16 |
LCCN: 95036033 |
Physical Information: 0.69" H x 6.62" W x 9.72" (1.11 lbs) 178 pages |
Descriptions, Reviews, Etc. |
Publisher Description: In recent years financial conglomerates have been established throughout Europe. This horizontal diversification has attracted a great deal of attention in the banking and insurance sector, and has alarmed the supervisory authorities and the European Commission. Financial Conglomerates: New Rules for New Players? gives a broad, innovative survey of the following aspects:
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