C. Fred Bergsten, William R. Cline, John Williamson. / "April 1985." / Includes bibliographical references.

The purpose of this dissertation is to examine and analyze the banker's acceptance and the bankers' acceptance market. A banker's acceptance is a money market instrument used to finance the export, import, movement, and storage of goods; it begins as a trade draft, and it is termed accepted when a commercial bank guarantees payment. The banker's acceptance represents an historical evolution of the medieval bill of exchange. The banker's acceptance as we know it today first appeared in England in the 1820s. The birth of the banker's acceptance in the United States occurred with passage of the Federal Reserve Act in 1913. A survey was made of the twenty largest U.S. commercial banks in order to determine certain perceived characteristics of the banker's acceptance and the bankers' acceptance market. As a result of the survey, a new money market instrument is suggested. The new money market instrument is to be called a Banker's Acceptance Participation Certificate.

No description available.

No description available.

The overall objective of this study was to determine the effect of Basel ll on the South African banking system through possible changes in the way in which a bank conducts its business. This purpose arose from the publication of the new Basel ll Framework on 26 June 2004, which has been adopted for implementation by the South African Reserve Bank. South Africa has set January 1, 2008 as the implementation date for Basel ll. The South African banks have mainly been focussing their efforts on becoming Basel ll compliant. Business line management and marketers have up until now not paid much attention to the likely impact of Basel ll on their markets and product offerings. A literature study was undertaken which included a review of the Basel ll Framework, impact studies and a review of the relevant literature on the topic. The Framework was analysed in order to determine the major impact themes. Once these impact themes were identified, the literature on those areas of impact was researched. The analysis of the Basel ll Framework identified three important themes that will have a significant impact on banks. There will firstly be an impact on market segments and product offerings. Secondly, there will be an internal impact on the banks in the form of increased costs, decision-making and capital management. The final theme identified was the global impact on the banks, especially regarding procyclicality and mergers and acquisitions. vii The research indicates that there will be both winners and losers. Banks that have large retail and mortgage exposures will benefit the most from Basel ll, whereas banks that have large exposures to sovereigns, banks and specialised lending portfolios will be negatively impacted. A capital charge for operational risk will mean that some areas such as corporate finance and asset management will be allocated capital, which was not the case under Basel l. Studies indicate that this new operational risk capital requirement more than outweighs any reduction in credit risk capital requirements. Customers that have high credit ratings are more likely to benefit from lower credit spreads. Similarly customers that have poor credit ratings can expect an increase in their pricing due to the higher capital requirements for these customers, unless they can provide a bank with ancillary revenues. Competition in the retail and mortgage markets will intensify due to the favourable capital requirements for these portfolios. The large South African banks will become takeover targets because of their large exposures to these markets. Basel ll will have a major impact on the way in which banks will do business in the future and as a result banks should view the implementation of the Framework as an opportunity to gain strategic advantages rather than just a compliance obligation. / Prof. A. Boessenkool

by Cheong Suk-Ying. / Thesis (M.B.A.)--Chinese University of Hong Kong, 1992. / Includes bibliographical references. / ABSTRACT --- p.ii / TABLE OF CONTENTS --- p.iii / LISTS OF TABLES --- p.v / ACKNOWLEDGEMENT --- p.vi / CHAPTERS / Chapter 1. --- INTRODUCTION --- p.1 / Chapter 1.1 --- General Background --- p.1 / Chapter 1.2 --- Scope of Study --- p.2 / Chapter 1.3 --- Objectives of Study --- p.3 / Chapter 1.4 --- Framework of Report --- p.3 / Chapter 2. --- HONG KONG AS AN INTERNATIONAL BANKING CENTRE --- p.5 / Chapter 2.1 --- Overview --- p.5 / Chapter 2.2 --- Degree of Internationalization of Hong Kong's Banking Industry --- p.6 / Chapter 2.3 --- Key Success Factors For Hong Kong's Development As An International Banking Centre --- p.8 / Chapter 2.4 --- Characteristics and Trends of Developments For The Foreign Banks in Hong Kong --- p.12 / Chapter 3. --- METHODOLOGY --- p.16 / Chapter 3.1 --- Literature Review --- p.16 / Chapter 3.2 --- Questionnaire --- p.16 / Chapter 3.3 --- Personal Interviews --- p.17 / Chapter 3.4 --- Limitations --- p.18 / Chapter 4. --- RESEARCH FINDINGS --- p.20 / Chapter 4.1 --- Questionnaire Survey --- p.20 / Factors Ranking --- p.20 / Changes in Factors' Conditions --- p.23 / Scope of Business --- p.27 / Chapter 4.2 --- Business Opportunities --- p.31 / Trade Financing --- p.31 / Project Financing --- p.34 / Investment Banking --- p.36 / Private Banking --- p.38 / Chapter 4.3 --- Interpretations and Implications --- p.40 / Chapter 5. --- HONG KONG'S FUTURE AS AN INTERNATIONAL BANKING CENTRE --- p.44 / Chapter 5.1 --- The China Issue --- p.44 / Chapter 5.2 --- Competition From Neighboring Economies --- p.45 / Chapter 5.3 --- Improving Competitiveness --- p.46 / Chapter 6. --- CONCLUSION --- p.50 / APPENDICES --- p.53 / Chapter I. --- The Banking System of Hong Kong / Chapter II. --- Sample Questionnaire / Chapter III. --- Composition of Survey Respondents / Chapter IV. --- Regression Results of Cross-Country Correlation of Factors' Ranking / BIBLIOGRAPHY --- p.63

Not available / text

Thesis (M.A.) - Carleton University, 2007. / Includes bibliographical references (p. 103-113). Also available in electronic format on the Internet.

This dissertation explored the efficacy of the new Basel III banking standards in SACU, grounded on the conjecture that they are not reflective of economies of SACU, but are merely an intensification of Basel II, rather than a substantial break with it. Firstly, loans and assets were tested for causality, since Basel III believes growth in these variables led to securitization. The leverage ratio has been introduced in Basel III as an anti-cyclical buffer. The OLS technique was employed to test for its significance in determining growth in bank assets. SACU feels the impact of debt, with credit is marginally treated in Basel III and is not introspective of the realities of its economies. ANOVA tests using debt, credit and GDP were done to determine a better method of addressing cyclicality. The leverage ratio was insignificant in Namibia, with debt and credit having momentous impacts on GDP in SACU. / Economics / M. Com. (Economics)

by Chan Sui-wing, Francis. / Bibliography: leaves 61-62 / Thesis (M.B.A.)--Chinese University of Hong Kong, 1985