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Banking and trading /

We study the effects of a bank's engagement in trading. Traditional banking is relationship-based: not scalable, long-term oriented, with high implicit capital, and low risk (thanks to the law of large numbers). Trading is transactions-based: scalable, shortterm, capital constrained, and with t...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Boot, Arnoud W. A. (Willem Alexander), 1960-
Autor Corporativo: International Monetary Fund. Research Department
Otros Autores: Ratnovski, Lev
Formato: Electrónico eBook
Idioma:Inglés
Publicado: [Washington, D.C.] : International Monetary Fund, Ã2012.
Colección:IMF working paper ; WP/12/238.
Temas:
Acceso en línea:Texto completo