Financial Conglomerates
ISBN:
978-0-7923-3753-9
Auflage:
1995
Verlag:
Springer Netherland
Land des Verlags:
Deutschland
Erscheinungsdatum:
31.10.1995
Herausgeber:
Format:
Hardcover
Seitenanzahl:
178
Lieferung in 3-4 Werktagen
Versandkostenfrei ab 40 Euro in Österreich
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:
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.









