Why Are Canadian Banks More Resilient? / / Rocco Huang, Lev Ratnovski

• Autore: Huang Rocco
• Pubblicazione: Washington, D.C. : , : International Monetary Fund, , 2009
• Descrizione fisica: 1 online resource (21 p.)
• Soggetto topico: Risk management; Banks and banking - Canada; Accounting; Banks and Banking; Finance: General; Investments: Stocks; Corporate Finance; Banks; Depository Institutions; Micro Finance Institutions; Mortgages; Financial Institutions and Services: Government Policy and Regulation; Public Administration; Public Sector Accounting and Audits; Pension Funds; Non-bank Financial Institutions; Financial Instruments; Institutional Investors; Portfolio Choice; Investment Decisions; Financial Institutions and Services: General; Banking; Financial reporting, financial statements; Financial services law & regulation; Investment & securities; Finance; Ownership & organization of enterprises; Financial statements; Capital adequacy requirements; Stocks; Liquidity; Public financial management (PFM); Financial institutions; Asset and liability management; Financial regulation and supervision; Business enterprises; Economic sectors; Banks and banking; Finance, Public; Asset requirements; Economics
• Soggetto geografico: United States
• Altri autori: RatnovskiLev
• Note generali: "June 2009."
• Nota di contenuto: Contents; I. Introduction; II. Fundamentals of Canadian Banks; A. Bank Fundamentals and Peer Comparison; B. Capital Ratios; Tables; 1. Subsample of Banks; 2. Capital Ratios; C. Liquidity; D. Funding Structure; 3. Balance Sheet Liquidity; 4. Depository Funding; E. Multivariate Regression Analysis; 5. The Determinants of Bank performance during the Financial Turmoil; F. Asset-Side Exposures; III. Regulatory and Structural Environment in Canada; A. Capital Regulation; B. Liquidity Framework in Canada; C. Banking Market Structure; IV. Conclusions; References
• Sommario/riassunto: This paper explores factors behind Canadian banks' relative resilience in the ongoing credit turmoil. We identify two main causes: a higher share of depository funding (vs. wholesale funding) in liabilities, and a number of regulatory and structural factors in the Canadian market that reduced banks' incentives to take excessive risks. The robust predictive power of the depository funding ratio is confirmed in a multivariate analysis of the performance of 72 largest commercial banks in OECD countries during the turmoil.
• Titolo autorizzato: Why Are Canadian Banks More Resilient
• ISBN: 1-4623-3558-6; 1-4527-3795-9; 1-4518-7299-2; 9786612843662; 1-282-84366-4
• Formato: Materiale a stampa
• Livello bibliografico: Monografia
• Lingua di pubblicazione: Inglese
• Record Nr.: 9910788333003321
• Lo trovi qui: Univ. Federico II
• Serie: IMF Working Papers; Working Paper ; ; No. 2009/152