365,393 research outputs found
The emerging role of banks in e-commerce
No full textHow is the banking industry responding to the rapid development of on-line commerce? Evidence suggests that many banks are beginning to deliver credit and deposit products electronically. In addition, some large banks are developing products designed exclusively for e-commerce. As banks venture into the electronic arena, however, they are finding that new opportunities bring new operational and strategic risks.Electronic commerce ; Banks and banking - Customer services
Supplément au Voyage de M. de Bougainville ou Journal d'un Voyage Autour du Monde
No full textfait par MM. Banks & Solander, Anglois, en 1768, 1769, 1770, 1771 ; traduit de l' anglois, par M. de Frévill
Explaining state support to European banks during the crisis: Which implications for regulation?
No full textWe examine whether pre-crisis bank characteristics explain state support
to European banks during the global financial crisis. We show that, before
the crisis, supported and non-supported banks differ in numerous aspects
and the differences reflect bank characteristics at the core of the
regulatory agenda. In particular, bank size and the related too-big-to-fail
concerns play a dominant role in explaining state support in Europe.
Furthermore, our results suggest that income diversification produces a
decline in the expected bailout costs for public finance in large banks and
an increase of these costs in small and medium banks. The decline
observed for large banks is nevertheless lower than the expected
additional bailout costs generated by the presence of these banks in the
financial system. Our findings highlight the importance of ad hoc
prudential requirements and cross-country resolution regimes for large
European banks and justify the introduction of regulatory restrictions on
income diversification if applied to banks of small and medium size or if
they lead to a significant decrease in the size of large bank
X-efficiency Analysis of Commercial Banks in Pakistan: A Preliminary Investigation
No full textThe emergence of a fast-paced dynamic environment in the business world in general, and in the financial services sector in particular, has highlighted the significance of competition and efficiency. The need for deregulation has become a touchstone of success in fostering both competition and efficiency especially in the economies, which are exposed to structural reforms. In addition to that, intense competition both among domestic and foreign banks, rapid speed of innovations and introduction of new financial instruments, changing consumer’s demands and desire for product augmentation have changed the way a bank conducts business and services its customers. Larger the degree of competition, it is perceived that the firms would become more efficient. However, when the structure of an industry is product of the government regulations, the degree of competition is impaired markedly implying that the efficiency suffers negatively. Banking industry acts as life-blood of modern trade and commerce acting as a bridge to provide a major source of financial intermediation. Thus, appraisal of its efficiency is vital in context of an efficient and competitive financial system. Study of x-efficiency is believed to be important in particular as Berger, et al. (1993) found that x-inefficiencies account for around 20 percent or more of banking costs. Similarly, recent drive among banks towards downsizing, rightsizing and rationalisation of banking costs also implicates for the assessment of x-efficiency analysis of banks. It becomes vital in Pakistani context as there appears to be no study in literature on efficiency or x-efficiency analysis of banks in Pakistan. “A great deal more work is needed on x-efficiency research in banking. Managerial efficiency, the concept of x-efficiency, appears to be a much more important strategic and policy consideration” [Molyneux, et al. (1960), p. 273]. Given
Foreign banks in Bulgaria, 1875-2002
No full textWe use the analogy of ecological succession as our conceptual framework. We apply this analogy to the history of foreign banks in Bulgaria and argue that the current predominance of foreign banks is unlikely to be permanent, even without government action. Foreign banks have entered Bulgaria several times—before World War I, again after that war, and after the fall of Communism in the early 1990s. The same source countries and even some of the same banks that were present before World War II or even World War I, reappear in the 1990s. Government concern with retaining control over credit limited the foreigners’ role in the banking system. However, since 1997 the government has privatized almost all the major banks with the result that foreign banks now control over 80 per cent of the banking system’s assets.International-banking, Bulgaria, Foreign-Banks, transition, succession
Electroanalytical overview: the sensing of dopamine
No full textDopamine (2-(3,4-dihydroxyphenyl)ethylamine) is a key neurotransmitter where a high level of dopamine indicates cardiotoxicity while low levels may contribute to depression, schizophrenia and Alzheimer’s and Parkinson’s diseases. Clearly, there is the need for the measurement of dopamine where laboratory based analytical instrumentation provide a routine methodology, but there is scope to develop in-the-field analytical measurements that are comparable to laboratory equipment. Electroanalysis provides an opportunity where sensors provide highly sensitive and selective outputs, are rapid and economical, and where instrumentation are readily portable and able to support on-site analysis. In this chapter we summarise the use of electroanalysis for the detection of dopamine, where we are focusing on the materials used, namely, zero-, one-, two- and three-dimensional materials
Banks as blockholders
No full textIn this paper, we analyze the effects of banks as main blockholders on a firm's returns and on the concentration of ownership in the hands of the controlling blockholders. Compared with previous studies, we approach to this problem by taking into consideration the type of blockholders building up coalitions with banks for controlling a firm. This allows us to reconcile different results, reported in relevant literature, on the impact of banks' ownership of a firm on its returns. In short, we argue that the effect is only negative when banks are the main blockholders or when they build up coalitions with other banks. We prove empirically our theoretical contentions making use of a sample of Spanish firms for the period 1996-2000
The Technological Progress of Malaysian Banks: An Empirical Investigation.
No full textIt is customary to argue that technological innovations result in productivity enhancement. This paper explores this issue in the context of the Malaysian banking sector which has been subject to enormous restructuring and technological innovations, inclusive of the introduction of e-banking. The provision of banking services through electronic delivery channels can be equated with the e-government initiatives. This study attempts to identify the contribution of e-banking and technological progress of Malaysian commercial banks by employing the Malmquist productivity index (MPI), whereby productivity growth amongst the banks is broken down into technical efficiency change, scale change and technological change. The sample includes all 10 domestic commercial banks in Malaysia over the period of 1997 to 2002. The principle findings indicate an overall rise in total productivity, driven by technological progress rather than scale change or technical efficiency change. Extending to e-government, the employment of high-end, state of the art information and communication technologies can facilitate efficient and effective delivery of government services through electronic delivery channels. The results, which detail the improvements achieved by the best practice bank, may provide useful insights for government regulators and management for policy formulation.Malmquist productivity index; technological progress; e-banking; productivity changes
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