• Bài giảng Money and Banking - Lecture 27Bài giảng Money and Banking - Lecture 27

    Review of the Previous Lecture • Bank Risk • Liquidity Risk • Credit Risk • Interest Rate Risk • Trading Risk • Other Risks • Globalization of Banking • The Future of Banks

    pdf19 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 771 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 26Bài giảng Money and Banking - Lecture 26

    Topic under Discussion • Bank Risk • Interest Rate Risk (Cont.) • Trading Risk • Other Risks • Globalization of Banking • The Future of Banks • Non-depository Institutions • Insurance Companies • Securities Firms • Finance Companies • Government Sponsored Enterprises

    pdf24 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 762 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 25Bài giảng Money and Banking - Lecture 25

    Bank Risk • Banking is risky because depository institutions are highly leveraged and because what they do • In all the lines of banking trades, the goal of every bank is to pay less for the deposits the bank receives than for the loan it makes and the securities it buys.

    pdf23 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 726 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 24Bài giảng Money and Banking - Lecture 24

    Banking • Types of Banking Institutions • Commercial Banks • Savings Institutions • Credit Unions • Balance Sheet of Commercial Banks • Assets: uses of funds • Cash • Securities • Loans

    pdf19 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 768 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 23Bài giảng Money and Banking - Lecture 23

    Review of the Previous Lecture • Role of Financial Intermediaries • Pool Savings • Safekeeping, accounting services and access to the payments system; • Liquidity; • Information Services • Risk diversification • Information Asymmetry and Information Costs • Adverse Selection • Moral Hazards

    pdf21 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 701 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 22Bài giảng Money and Banking - Lecture 22

    Review of the Previous Lecture • Role of Financial Intermediaries • Pool Savings • Safekeeping, accounting services and access to the payments system;

    pdf31 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 803 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 21Bài giảng Money and Banking - Lecture 21

    Review of the Previous Lecture • Theory of Efficient Markets • Investing in Stocks for Long Run • Stock Markets’ Role in the Economy • Financial Intermediation

    pdf15 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 775 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 20Bài giảng Money and Banking - Lecture 20

    Topics under Discussion • Stocks • Risk and the Value of Stocks • Theory of Efficient Markets • Investing in Stocks for Long Run • Stock Markets’ Role in the Economy • Financial Intermediation • Role of Financial Intermediaries

    pdf32 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 709 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 19Bài giảng Money and Banking - Lecture 19

    Review of the Previous Lecture • Bonds and Their Characteristics • Stocks • Essential Characteristics • Process • Measuring Level of a Stock Market

    pdf23 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 806 | Lượt tải: 0

  • Bài giảng Money and Banking - Lecture 18Bài giảng Money and Banking - Lecture 18

    The Liquidity Premium Theory • Risk is the key to understanding the slope of the yield curve • The yield curve’s upward slope is due to long-term bonds being riskier than shortterm bonds • Bondholders face both inflation and interest-rate. The longer the term the greater the inflation and interest-rate risk

    pdf25 trang | Chia sẻ: nguyenlinh90 | Ngày: 19/07/2019 | Lượt xem: 810 | Lượt tải: 0