English  |  正體中文  |  简体中文  |  全文筆數/總筆數 : 49633/84879 (58%)
造訪人次 : 7693673      線上人數 : 54
RC Version 7.0 © Powered By DSPACE, MIT. Enhanced by NTU Library & TKU Library IR team.
搜尋範圍 查詢小技巧:
  • 您可在西文檢索詞彙前後加上"雙引號",以獲取較精準的檢索結果
  • 若欲以作者姓名搜尋,建議至進階搜尋限定作者欄位,可獲得較完整資料
  • 進階搜尋
    請使用永久網址來引用或連結此文件: http://tkuir.lib.tku.edu.tw:8080/dspace/handle/987654321/58479


    題名: On The Margin Effects Of Commercial Bank Expansion Into Securities And Insurance Activities Under The Same Roof: A Mathematical Swap Approach
    作者: Lin, Jyh-Jiuan;Huang, Pai-Chou;Hung, Wei-Ming
    貢獻者: 淡江大學統計學系
    關鍵詞: Gramm-Leach-Bliley Act;Commercial Banking;Investment Banking;Total Return Swap
    日期: 2010-11
    上傳時間: 2011-10-01 01:11:31 (UTC+8)
    出版者: Zographou: World Scientific and Engineering Academy and Society (W S E A S)
    摘要: The Gramm-Leach-Bliley Act (GLBA) of 1999 allows commercial bank expansion into investment banking of securities and insurance activities without limit in subsidiaries separate from commercial banks. This paper demonstrates how securities hedging, insurance underwriting, and capital regulation through the total return swap approach jointly determine the optimal bank interest margin under the same roof. We find that the bank's interest margin and noninterest income are positively related to the bank's securities hedging demand, and to the insurance underwriting provision, but negatively related to the bank capital requirement. We also find that the results of the bank's noninterest income follow a similar argument as in the case of a change in interest margin. The results show that the combined production of commercial banking expansion into investment banking enhances the bank's synergistic gains. In addition, if regulators reduce capital charges, a commercial bank will have a strong incentive to expand its investment banking activities. This suggests obvious diversification benefits from the return to investment banking under the same roof.
    關聯: WSEAS Transactions on Circuits and Systems 9(11), pp.671-688
    顯示於類別:[統計學系暨研究所] 期刊論文

    文件中的檔案:

    檔案 大小格式瀏覽次數
    1109-2734_9(11)p671-688.pdf913KbAdobe PDF3檢視/開啟

    在機構典藏中所有的資料項目都受到原著作權保護.

    TAIR相關文章

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library & TKU Library IR teams. Copyright ©   - 回饋