Innovation has been a core topic for scholars, because of its important contribution to economic growth and to the stability of financial systems (Levine, 1997; IMF, 2006; Lerner and Tufano, 2011). New financial products, such as the securitisation of assets, were believed to have tremendous ...
In fact, KPMG believes that “digital platforms will likely become the preferred and dominant business model for banks and financial institutions in the future” [2]. But with that being said, as going digital becomes the norm, what becomes a solid differentiator in the market? Although ...
This paper explores the implications of financial system design for financial innovation. We begin with assumptions about the investment opportunities of firms, their observable attributes, and the roles of commericial banks, investment banks, and the financial market. We examine the borrower's choice ...
Innovation has been a core topic for scholars, because of its important contribution to economic growth and to the stability of financial systems (Levine, 1997; IMF, 2006; Lerner and Tufano, 2011). New financial products, such as the securitisation of assets, were believed to have tremendous ...
The rapid proliferation of information and communication technology has accelerated innovation in financial instruments, resulting in a heightened transformation of the competitive landscape and regulatory framework within the banking sector. Despite ongoing policy debates regarding the role and significance of ...
4. Financial Innovation and Commercial Banking 青云英语翻译 请在下面的文本框内输入文字,然后点击开始翻译按钮进行翻译,如果您看不到结果,请重新翻译! 翻译结果1翻译结果2翻译结果3翻译结果4翻译结果5 翻译结果1复制译文编辑译文朗读译文返回顶部 4。金融创新和商业银行...
Financial innovation and the golden ages of international banking: 1890 81 Stefano Battilossi, Financial innovation and the golden ages of international banking: 1890 1931 and 1958 81Throughout the twentieth century, the internati... S Battilossi - 《Financial History Review》 被引量: 37发表: ...
There are bright and dark sides to financial innovation. On the bright side, financial innovations that improve screening and monitoring can facilitate the allocation of resources by financial intermediaries to their most productive use (Greenwood, Sanchez, and Wang, 2010; Laeven, Levine, and Michal...
This paper provides some reflection on financial innovations in recent years, summarizes status quo of China banking's financial innovation, and put forward some suggestions for its further development. 展开 关键词: Financial Crisis Financial Innovation Banking ...
Crises never emerge in a vacuum and the antecedents need to be con- sidered. Seven structural changes in the global financial system set the background to the current financial crisis: (1) a defining feature of recent financial history has been the sharp rise in the pace of financial innova...