The article reports on the suggestion of the Investment Company Institute that a state-chartered bank or trust company should be created which would provide additional liquidity to prime money market funds in the event of severe market conditions.EBSCO_bspFund Action...
Backstop Solutions Group provides investment management software in the finance sector. The company offers services including research management, portfolio management, investor relations, capital raising, and data services. Backstop serves institutional investors, private fund managers, consultants, advisors, ...
The Backstop Suite helps our fund manager clients strengthen their relationships with investors and interact with their many service providers while also maintaining their ability to adapt to the ever-evolving regulatory landscape. Allocators use these same components of the suite in addition to Backst...
• The bank would direct the Federal Reserve to establish a contingency funding account in its name and advance into that fund, as discount window borrowing, an amount up to a maximum of i) one-half of the lendable value of all its prepositioned discount window collateral and ii) one- ...
Qualcomm, based in San Diego, California, is one of several US semiconductor makers that rely heavily on China for revenue, with 66.6 percent of its sales generated there, according to data tracker Tijori Finance in India. Much of Qualcomm's shipments go to factories that assemble smartphones ...
The results have implications for index fund managers of BRICS markets to include Dash and Ripple in their portfolio as safe haven assets to protect its value during a stock market crisis. Keywords: cryptocurrency; NARDL; safe haven; stock index; asymmetric; COVID-19; emerging market 1. ...
Of course, the question here is how these typically poorer countries will be able to finance that expenditure, and the impact that this may have on global inequality. Different rates of growth also imply different WTP estimates: if growth is reduced to 1% in the US and Europe, and ...
The Federal Council is opening a consultation process to introduce public liquidity backstops (PLB) for systemically important banks with immediate effect, it said in astatementfrom the Federal Department of Finance (FDF) Thursday. With this bill, the foundations for the PLB introduced by the Feder...
EU in Deal for Common Backstop for Wind-Down FundEuro-zone finance ministers early Wednesday morning struck a deal to create a common "backstop" for a fund that is supposed to pay for winding down failing banks.DaltonNormanSteinhauser
The author offers opinions on the eurozone monetary union of European Union (EU) countries, stating that an agreement for a fund to resolve failed banks reached by eurozone finance ministers is a sign that the worst of the banking crisis in the eurozone is over....