Bankers without Borders?: Implications of Ring-Fencing for European Cross-Border Banks
This paper presents a stylized analysis of the effects of ring-fencing (i.e., different restrictions on cross-border transfers of excess profits and/or capital between a parent bank and its subsidiaries located in different jurisdictions) on cross-border banks. Using a sample of 25 large European ba...
Gespeichert in:
| 1. Verfasser: | |
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| Format: | Elektronisch E-Book |
| Sprache: | English |
| Veröffentlicht: |
Washington, D.C
International Monetary Fund
2010
|
| Schriftenreihe: | IMF Working Papers
Working Paper No. 10/247 |
| Online-Zugang: | UBW01 UEI01 LCO01 SBR01 UER01 SBG01 UBG01 FAN01 UBT01 FKE01 UBY01 UBA01 FLA01 UBM01 UPA01 UBR01 FHA01 FNU01 BSB01 TUM01 Volltext |
| Zusammenfassung: | This paper presents a stylized analysis of the effects of ring-fencing (i.e., different restrictions on cross-border transfers of excess profits and/or capital between a parent bank and its subsidiaries located in different jurisdictions) on cross-border banks. Using a sample of 25 large European banking groups with subsidiaries in Central, Eastern and Southern Europe (CESE), we analyze the impact of a CESE credit shock on the capital buffers needed by the sample banking groups under different forms of ring-fencing. Our simulations show that under stricter forms of ring-fencing, sample banking groups have substantially larger needs for capital buffers at the parent and/or subsidiary level than under less strict (or in the absence of any) ring-fencing |
| Beschreibung: | 1 Online-Ressource (35 p) |
| ISBN: | 1455209473 9781455209477 |
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| illustrated | Not Illustrated |
| index_date | 2024-07-03T20:13:27Z |
| indexdate | 2024-07-10T09:35:36Z |
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| record_format | marc |
| series2 | IMF Working Papers |
| spelling | Makarova, Yulia Verfasser aut Bankers without Borders? Implications of Ring-Fencing for European Cross-Border Banks Makarova, Yulia Washington, D.C International Monetary Fund 2010 1 Online-Ressource (35 p) txt rdacontent c rdamedia cr rdacarrier IMF Working Papers Working Paper No. 10/247 This paper presents a stylized analysis of the effects of ring-fencing (i.e., different restrictions on cross-border transfers of excess profits and/or capital between a parent bank and its subsidiaries located in different jurisdictions) on cross-border banks. Using a sample of 25 large European banking groups with subsidiaries in Central, Eastern and Southern Europe (CESE), we analyze the impact of a CESE credit shock on the capital buffers needed by the sample banking groups under different forms of ring-fencing. Our simulations show that under stricter forms of ring-fencing, sample banking groups have substantially larger needs for capital buffers at the parent and/or subsidiary level than under less strict (or in the absence of any) ring-fencing Online-Ausg Cerutti, Eugenio Sonstige oth Ilyina, Anna Sonstige oth Schmieder, Christian Sonstige oth http://elibrary.imf.org/view/IMF001/11393-9781455209477/11393-9781455209477/11393-9781455209477.xml Verlag URL des Erstveröffentlichers Volltext |
| spellingShingle | Makarova, Yulia Bankers without Borders? Implications of Ring-Fencing for European Cross-Border Banks |
| title | Bankers without Borders? Implications of Ring-Fencing for European Cross-Border Banks |
| title_auth | Bankers without Borders? Implications of Ring-Fencing for European Cross-Border Banks |
| title_exact_search | Bankers without Borders? Implications of Ring-Fencing for European Cross-Border Banks |
| title_exact_search_txtP | Bankers without Borders? Implications of Ring-Fencing for European Cross-Border Banks |
| title_full | Bankers without Borders? Implications of Ring-Fencing for European Cross-Border Banks Makarova, Yulia |
| title_fullStr | Bankers without Borders? Implications of Ring-Fencing for European Cross-Border Banks Makarova, Yulia |
| title_full_unstemmed | Bankers without Borders? Implications of Ring-Fencing for European Cross-Border Banks Makarova, Yulia |
| title_short | Bankers without Borders? |
| title_sort | bankers without borders implications of ring fencing for european cross border banks |
| title_sub | Implications of Ring-Fencing for European Cross-Border Banks |
| url | http://elibrary.imf.org/view/IMF001/11393-9781455209477/11393-9781455209477/11393-9781455209477.xml |
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