Artikel
What's different about bank holding companies?
We develop a dynamic model of a BHC that encompasses both a trading desk and a loan desk, and explore the role of risk attitude and overleveraging by the trading desk. We trace the impact of monetary policy and market innovations on bank behavior in the presence of Basel III type regulations. We show that the value of the BHC is enhanced by operating both desks. We explore alternative regulatory remedies to ongoing efforts to ring-fence the proprietary trading business, and show that regulations that target bank governance can mitigate possible rogue trading and the overleveraging problem.
- Language
-
Englisch
- Bibliographic citation
-
Journal: Journal of Risk and Financial Management ; ISSN: 1911-8074 ; Volume: 15 ; Year: 2022 ; Issue: 5 ; Pages: 1-32
- Classification
-
Management
- Subject
-
financial markets
bank capital
bank holding company
banking
Basel III
financial stability
macro prudential
monetary policy
ring-fencing
term structure
- Event
-
Geistige Schöpfung
- (who)
-
Chami, Ralph
Cosimano, Thomas F.
Ma, Jun
Rochon, Céline
- Event
-
Veröffentlichung
- (who)
-
MDPI
- (where)
-
Basel
- (when)
-
2022
- DOI
-
doi:10.3390/jrfm15050206
- Handle
- Last update
-
10.03.2025, 11:44 AM CET
Data provider
This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.
Object type
- Artikel
Associated
- Chami, Ralph
- Cosimano, Thomas F.
- Ma, Jun
- Rochon, Céline
- MDPI
Time of origin
- 2022
Other Objects (12)
Human aldo-keto reductases: structure, substrate specificity and roles in tumorigenesis
Origin of the low-medium temperature hot springs around Nanjing, China
Valid inference for a class of models where standard inference performs poorly: Including nonlinear regression, ARMA, GARCH, and unobserved components
A hybrid gene expression programming algorithm based on orthogonal design
Coupling motion of colloidal particles in quasi-twodimensional confinement
Use of Whole Genome Shotgun Metagenomics: A Practical Guide for the Microbiome-Minded Physician Scientist
Prediction of synergistic drug combinations using PCA-initialized deep learning
The relationship among customer demand, competitive strategy and manufacturing system functional objectives
Real exchange rates and economic fundamentals: An investigation based on a Markov-STAR model
Evaluating clinic and community-based lifestyle interventions for obesity reduction in a low-income Latino neighborhood: Vivamos Activos Fair Oaks Program
Critical role of molecular test in early diagnosis of gastric tuberculosis: a rare case report and review of literature
Correction: Survival-related indicators ALOX12B and SPRR1A are associated with DNA damage repair and tumor microenvironment status in HPV 16-negative head and neck squamous cell carcinoma patients
Human aldo-keto reductases: structure, substrate specificity and roles in tumorigenesis
Origin of the low-medium temperature hot springs around Nanjing, China
Valid inference for a class of models where standard inference performs poorly: Including nonlinear regression, ARMA, GARCH, and unobserved components
A hybrid gene expression programming algorithm based on orthogonal design
Coupling motion of colloidal particles in quasi-twodimensional confinement
Use of Whole Genome Shotgun Metagenomics: A Practical Guide for the Microbiome-Minded Physician Scientist
Prediction of synergistic drug combinations using PCA-initialized deep learning
The relationship among customer demand, competitive strategy and manufacturing system functional objectives
Real exchange rates and economic fundamentals: An investigation based on a Markov-STAR model
Evaluating clinic and community-based lifestyle interventions for obesity reduction in a low-income Latino neighborhood: Vivamos Activos Fair Oaks Program
Critical role of molecular test in early diagnosis of gastric tuberculosis: a rare case report and review of literature
Correction: Survival-related indicators ALOX12B and SPRR1A are associated with DNA damage repair and tumor microenvironment status in HPV 16-negative head and neck squamous cell carcinoma patients
Human aldo-keto reductases: structure, substrate specificity and roles in tumorigenesis
Origin of the low-medium temperature hot springs around Nanjing, China
Valid inference for a class of models where standard inference performs poorly: Including nonlinear regression, ARMA, GARCH, and unobserved components
A hybrid gene expression programming algorithm based on orthogonal design
Coupling motion of colloidal particles in quasi-twodimensional confinement
Use of Whole Genome Shotgun Metagenomics: A Practical Guide for the Microbiome-Minded Physician Scientist
Prediction of synergistic drug combinations using PCA-initialized deep learning
The relationship among customer demand, competitive strategy and manufacturing system functional objectives
Real exchange rates and economic fundamentals: An investigation based on a Markov-STAR model
Evaluating clinic and community-based lifestyle interventions for obesity reduction in a low-income Latino neighborhood: Vivamos Activos Fair Oaks Program
Critical role of molecular test in early diagnosis of gastric tuberculosis: a rare case report and review of literature