Two European Hotel Groups: Equity Analysis Table of Contents Introduction ........................................................................................................................................... 3 Business Description ......................................................................................................................... 4 Industry Analysis ..........................................................
Words: 5725 - Pages: 23
NBER WORKING PAPER SERIES THE EFFECTS OF QUANTITATIVE EASING ON INTEREST RATES: CHANNELS AND IMPLICATIONS FOR POLICY Arvind Krishnamurthy Annette Vissing-Jorgensen Working Paper 17555 http://www.nber.org/papers/w17555 NATIONAL BUREAU OF ECONOMIC RESEARCH 1050 Massachusetts Avenue Cambridge, MA 02138 October 2011 We thank Jack Bao, Olivier Blanchard, Greg Duffee, Charlie Evans, Ester Faia, Simon Gilchrist, Robin Greenwood, Monika Piazzesi, David Romer, Thomas Philippon, Tsutomu Watanabe
Words: 18319 - Pages: 74
Frequently Asked Questions on NBFCs QUES -1 What is a Non-Banking Financial Company (NBFC)? ANS -1 A Non-Banking Financial Company (NBFC) is a company registered under the Companies Act, 1956 and is engaged in the business of loans and advances, acquisition of shares/stock/bonds/debentures/securities issued by Government or local authority or other securities of like marketable nature, leasing, hire-purchase, insurance business, chit business but does not include any institution whose principal
Words: 5305 - Pages: 22
investment bank, they might consider becoming a ratings analyst. Ratings analysts are people who evaluate the credit risk of debt securities issued by corporations and government agencies. After a thorough evaluation of a company or agency, these analysts will then make their investment recommendations. These recommendations can include buy, hold, or sell recommendations on financial elements such as equity or debt investments such as stocks or bonds. Ratings analysts also provide a prediction of a
Words: 1038 - Pages: 5
market investors who desire income over the long term – pension funds, mutual funds, life and casualty insurance companies, and individuals. READING THE WALL STREET JOURNAL The Credit Markets column, located in the Money & Investing section (C), provides a daily analysis of major happenings in the U.S. credit markets. Included are discussions about new bond issues, changing rates, issues facing bond investors, etc. Want to understand what drives funds into and out of bond markets? Read this
Words: 4377 - Pages: 18
money collected from investors. Besides, SEBI is also probing at least ten other Saradha entities for raising funds without the regulator’s approval. But question arises how come SEBI ,IT deptt ,Ministry of Corporate affairs and other enforcement agencies having so many guidelines & so called checks & balances allowed it to happen . How can we enact laws like Chit Fund Act 1982 which may have so many loose ends .This is not one of its kind case in India in recent past . We had the Harshad
Words: 1825 - Pages: 8
Table of Contents Index to Financial Statements UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) x ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2011 or ¨ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-07434 Aflac Incorporated (Exact name of registrant as
Words: 87920 - Pages: 352
went back to reevaluate his decision. The reality is, according to Davidson (Blumberg & Davidson, 2008), the mortgage has much higher foreclosure rates than Mike’s impression and prediction. Another anchor was made by the credit rating agencies like Moody’s. They gave AAA rating to the risky mortgage-backed securities based on the incorrect
Words: 319 - Pages: 2
THE CAMEL RATING SYSTEM IN BANKING SUPERVISION A CASE STUDY Uyen Dang Arcada University of Applied Sciences International Business 2011 DEGREE THESIS Arcada Degree Programme: Identification number: Author: Title: Supervisor (Arcada): Commissioned by: Abstract: International Business 10312 Uyen Dang The CAMEL rating system in banking supervision. A case study Andreas Stenius Banking supervision has been increasingly concerned due to significant loan losses and bank failures from the
Words: 12113 - Pages: 49
of content 1. Introduction 2. The Recession 3. The Recession * Poor risk management * Over reliance on the Bull market * Trade Imbalance and debt bubbles * Lack of Transparency * Misguided information from the rating agencies 4. Effects on global trade * Trade and Industrial production * Unemployment * Financial market * Travel * Insurance * Small business lending * Pollution 5. Global responses 6. Policy recommendations
Words: 1982 - Pages: 8