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Financial Conglomerates: New Rules for New Players? 1995 Edition
Contributor(s): Van Den Berghe, L. (Editor)
ISBN: 0792337530     ISBN-13: 9780792337539
Publisher: Springer
OUR PRICE:   $104.49  
Product Type: Hardcover - Other Formats
Published: October 1995
Qty:
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:
  • 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.