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Financial Conglomerates

L. van den Berghe
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      In recent years financial conglomerates have been established throughout Europe. This horizontal diversification has attracted a great deal of attention in the banking and insurance sector, and has alarmed the supervisory authorities and the European Commission. Financial Conglomerates: New Rules for New Players? gives a broad, innovative survey of the following aspects: it analyzes different sets of definitions of financial conglomerates, groups, consolidation criteria, etc., testing the practical effects of these definitions on the basis of a detailed relational database; although the benefits of financial conglomerates are straightforward, it is clear that quite a number of potential risks cannot be ignored; moreover, the differences in regulation of the solvency requirements for banks, insurance companies and investment firms are analyzed in order to look for a possible approach for calculating the necessary level of solvency for financial conglomerates. Audience: Required reading for practitioners as well as academic researchers in both the financial and the insurance markets. Strategic as well as regulatory perspectives are relevant disciplines.
      Format: CONTRIBUTORS: L. van den Berghe EAN: 9780792337539 COUNTRY: Netherlands PAGES: WEIGHT: 1000 g HEIGHT: 234 cm
      PUBLISHED BY: Springer DATE PUBLISHED: 1995-10-31 CITY: GENRE: BUSINESS & ECONOMICS / Finance / General, BUSINESS & ECONOMICS / Management, LAW / Taxation WIDTH: 156 cm SPINE:

      Book Themes:

      Finance and the finance industry, Management and management techniques, Taxation and duties law

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      In recent years financial conglomerates have been established throughout Europe. This horizontal diversification has attracted a great deal of attention in the banking and insurance sector, and has alarmed the supervisory authorities and the European Commission. Financial Conglomerates: New Rules for New Players? gives a broad, innovative survey of the following aspects: it analyzes different sets of definitions of financial conglomerates, groups, consolidation criteria, etc., testing the practical effects of these definitions on the basis of a detailed relational database; although the benefits of financial conglomerates are straightforward, it is clear that quite a number of potential risks cannot be ignored; moreover, the differences in regulation of the solvency requirements for banks, insurance companies and investment firms are analyzed in order to look for a possible approach for calculating the necessary level of solvency for financial conglomerates. Audience: Required reading for practitioners as well as academic researchers in both the financial and the insurance markets. Strategic as well as regulatory perspectives are relevant disciplines.
      Format: CONTRIBUTORS: L. van den Berghe EAN: 9780792337539 COUNTRY: Netherlands PAGES: WEIGHT: 1000 g HEIGHT: 234 cm
      PUBLISHED BY: Springer DATE PUBLISHED: 1995-10-31 CITY: GENRE: BUSINESS & ECONOMICS / Finance / General, BUSINESS & ECONOMICS / Management, LAW / Taxation WIDTH: 156 cm SPINE:

      Book Themes:

      Finance and the finance industry, Management and management techniques, Taxation and duties law

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