Chen Chan-hung, Cicada. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1981. / Bibliography: leaves 68-69.

by Sin Chui-Yi Abby. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1992. / Includes bibliographical references (leaves 106-109). / ACKNOWLEDGEMENTS --- p.i / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LIST OF TABLES --- p.v / LIST OF FIGURES --- p.vii / CHAPTER / Chapter I. --- INTRODUCTION --- p.1 / Objectives --- p.4 / Chapter II. --- METHODOLOGY --- p.5 / Secondary Research --- p.5 / Primary Research --- p.5 / Definition --- p.8 / Limitations --- p.8 / Chapter III. --- THE CHINA BANKING SYSTEM --- p.10 / Banking Structure --- p.10 / Banking Reform --- p.14 / Chapter IV. --- FOREIGN BANKS IN CHINA --- p.17 / Representative Office --- p.20 / Branches --- p.23 / Distribution --- p.25 / Customers of the Foreign Banks --- p.32 / Services Provided by the Foreign Banks --- p.33 / Commercial loans --- p.33 / Project financing --- p.38 / Trade financing --- p.41 / Advisory services and consultation --- p.43 / Chapter V. --- JAPANESE BANKING ACTIVITIES IN THE PRC --- p.45 / Growth of Japanese Banks --- p.45 / Historical Development of Japanese Banks in the PRC --- p.46 / Operations of Japanese Banks in the PRC --- p.49 / Japanese Banks in Hong Kong --- p.54 / Chapter VI. --- FINDINGS OF THE SURVEY --- p.55 / Company Profile --- p.55 / Motives for Entry --- p.57 / Time Span --- p.60 / Business Objectives --- p.62 / Banking Services --- p.63 / Major Problems Encountered --- p.66 / Attitudes towards Risks and Overall Investment Climate --- p.70 / Attitudes towards Risks --- p.70 / Attitudes towards Overall Investment Climate --- p.77 / Competitive Advantages of Japanese Banks --- p.80 / Business Results to date Measured up to Expectation --- p.82 / Chapter VII. --- SUMMARY AND CONCLUSION --- p.84 / Highlights of the Findings of the Survey --- p.84 / Conclusions --- p.86 / APPENDICES --- p.87 / BIBLIOGRAPHY --- p.106

<p> This dissertation is composed of three essays on the future of money. The first chapter addresses bitcoin&rsquo;s high price volatility relative to established currencies such as the U.S. dollar. Supply is fixed by a monetary rule; whereas demand fluctuates considerably. The intersection of bitcoin&rsquo;s inelastic supply with its enormously erratic demand causes its exchange rate variability. I explore two ways to make the bitcoin supply elastic: 1) change the bitcoin protocol to create or destroy bitcoins based on a macroeconomic algorithm, 2) create and maintain bitcoin banks that issue fractional reserve deposits, banknotes, or electronic tokens redeemable for bitcoin. </p><p> The second chapter provides a blueprint for implementing bitcoin as a national currency in the context of either dollarizing or a currency board. Implementation issues unique to digital currencies are explored. Candidate countries for transition are evaluated. </p><p> The third chapter analyzes the costs vs. benefits of financial privacy, against the backdrop of historical trends, current laws, and recent technology. Governments and corporations are tracking purchase history through credit cards and store loyalty cards. Guardians of bank secrecy have caved to government surveillance all over the world, ostensibly to fight crime and collect taxes. Aggregating this information, big data analytics can infer and disclose intimate personal details.</p><p>

Thesis (M.S.)--Boston University

Thesis (M.A.)--Boston University / In this thesis particular interest centers in the competitive status of two types of banks within the broad classification of savings and loan associations, namely, Co-operative Banks and Federal Savings and Loan Associations. Effort is made to observe the origin and growth of this competition, to present data on its extent and direction, to consider the direction and to suggest remedial action for the group adversely affected. The first chapter considers the competitive situation for savings. It goes to show that the Federal Savings and Loan Associations have had phenomenal growth since World War II, and while the co-operative banks continue to hold a strong position in the private thrift market, their relative position seems to be declining, in view of this rapid growth of the Federal associations. Comparison of the rate of growth between the co-operative banks and the Federal savings and loan association is strikingly in favor of the Federal savings and loans associations. Further analysis shows that while there has been growth in both types of institutions, there has also been a shift in savers' preference as among the several typesof financial institutions studied [TRUNCATED]

<p> Since the Federal Farm Loan Act of 1916, a cooperative system of lending associations has helped provide stable financing to agricultural operators throughout the United States and played a crucial role in maintaining a stable food supply. At the heart of this system are relationships between agricultural operators and lenders who function as their trusted advisors. This study explores the proficiencies of trusted advisors at one of these associations: Northwest Farm Credit Services. With an interdisciplinary view of trust, 25 qualitative interviews were conducted with existing trusted advisors, as well as group interviews with 38 customers, to understand the factors which help create and maintain trust-based relationships. From my findings, trusted advisorness is defined and a framework describing trusted advisorness in seven embodied elements is proposed. This framework describes how a trusted advisor walks and cares, for what a trusted advisor looks and listens, how a trusted advisor thinks, and what a trusted advisor says and does.</p><p>

No description available.

This thesis examines the impact of banking regulation, external governance and bank-specific variables on commercial and savings bank performance, as estimated by efficiency and financial indicators, in the Asian market, between 2000 and 2012. Furthermore, the thesis analyses the effect of deposit diversification and insurance on the bank's liquidity risk tolerance in G7 and BRICS countries. It further investigates the impact of expected government support on bank risk-taking in China. Firstly, we examine the impact of Credit Rating Agencies (CRAs) on bank performance in general, and in particular on how this impact can be moderated by the strict regulation of banking criteria and the quality of investor protection embedded in different institutional environments. We find that CRAs enhances bank performance. CRAs as the flexible governance power, their positive monitoring impact is further enhanced by the quality of investor protection but mitigated by the inflexible and strict banking regulations. Secondly, this research investigates the impact of market power and revenue diversification on bank performance and stability. We find that market power could not only improve banking performance, but also increase individual bank fragility in an emerging market. Although revenue diversification reduces bank efficiency, it improves individual stability. Thirdly, we study the relationship between liquidity risk, deposit diversification and insurance in 12 countries during the period 2005-2014. We capture liquidity risk by focusing on the unfunded loan commitments. We find that higher diversification in the deposit base can reduce the impact of liquidity demand risk during the crisis by decreasing the cost of funding, increasing the funding inflow, maintaining the total amount of loan lending and enhancing the liquid ratio. Additionally, the results suggest that although deposit insurance has a positive impact during the crisis, its effect cannot mitigate the liquidity demand risk. Fourthly, this research examines the impacts of expected government support on bank risk-taking behaviour, and in particular how its impact can be stronger in state-owned and large banks. We find that the willingness and capacity of government support enhance bank's risk-taking behaviour through increasing non-performance loan as well as doubtful loan, and decreasing Z-score as well as liquid ratio. This moral hazard problems are further enhanced in state-owned banks and large banks. Finally, we outline our conclusions along with the limitations of this research and a plan for any future work.

This dissertation contributes to the global political economy of finance by examining the historical evolution of the German financial system. The origins of Germany's nonmarket financial structure are consistently identified as path-dependent influences of its system of “patient” rather than “speculative” financial capitalism. This thesis revisits the historical evolution and crystallization of German corporate banks on universal, as opposed to specialized, financial practices. In stark contrast to the existing literature that relies on efficiency-based explanations, it emphasizes the political nature of bankers' financial practices, and the role of social power in shaping financial structure. Examining universal banking in this way stands its significance upside down by showing its roots in speculative practices and the politics of industrialization rather than patient finance and efficient calculation. The thesis consists of three parts: Part I delineates the intellectual riddle posed by the received scholarship: “despite obvious connections,” between economics and politics, orthodox political economists have been mystified by the role of power in universal banking's development. It therefore outlines an historical sociology of financial development to reassemble this puzzle. Part II charts the developmental path of German banks from the 18th to mid 19th century. This section first stresses how early universal banking—“mixed-banking”—was an unintended product of the speculative practices of Rhenish financiers engaged in a political struggle over industrialization. It further demonstrates that the adoption of “mixed-banking” practices by corporate banks must similarly be understood in terms of power rather than as a solution to market failure. Part III charts the historical narrative to 1914 highlighting how the early speculative character of “mixed-banking” engendered a transformation into the concrete form of universal banking following social struggles around the introduction of deposit banking. The thesis underscores the general importance of examining economic institutions from the perspective of power.

This thesis examines the impact of several types of business regulations on bank performance, as measured by cost efficiency, in the EU economies over the 2000-2010 periods. First we investigate the impact of credit, labour and business regulation on the performance of the banking systems of the EU-10. The regulation indices are sourced from the Fraser Index of Economic Freedom (Gwartney et. al, 2012). In further analysis, we decompose the credit regulation variable in its components (private ownership of banks, foreign bank competition, private sector credit, limitations from interest rate controls and regulations) in order to find which type of credit regulation is more important for performance. Second, we examine the impact of several type of business regulations derived from the “Doing Business” project of the World Bank on bank performance as measured by cost efficiency in the EU-10 economies. More specifically we use regulation indices related to: i) starting a business, ii) getting credit, iii) paying taxes, iv) enforcing contracts, v) resolving insolvency, vi) protecting investors, and vii) employing workers. We put special emphasis on regulations related to “getting credit”, “paying taxes” and “starting a business” as the first type is directly relevant to the banking sector while the next two on the top of the EU agenda. In further analysis we investigate if the impact of business regulation on bank performance is influenced by institutional quality as measured by rule of law and corruption variables. Third, we assess the impact of different types of labour regulation on bank performance, as measured by cost efficiency, in the five countries of the eurozone periphery (Greece, Ireland, Italy, Portugal, Spain) over the 2000-2010 periods. We source the labour regulation variables from the Fraser Index of Economic Freedom (Gwartney et. al, 2012) and from the Employment Protection Index produced by the Organisation for Economic Co-operation and Development (OECD). In further analysis we investigate if the impact of labour regulation on bank performance is influenced by the country-level law enforcement capacity. Finally, some conclusions are provided along with limitations of this research and an agenda for future work.