Many financial systems are overly concentrated with a few major banks dominating. This was long considered a necessary evil to ensure stability. It turns out that this is not true, as concentration is a main cause of systemic risk. More importantly, the end users of the financial system are paying a heavy price for this concentration. Large banks have market and pricing power and the financial systems are not nearly competitive enough. As a result, products and services are over priced, not differentiated, nor transparent. Switching providers, necessary for a competitive system, is still not easy with large banks controlling the client relationships. Big tech companies moving into financial services may not increase competition either as they can dominate as opposed to diversify and further increase systemic risk. A better solution is to develop a secure and well-regulated Open Banking system and increase the number of smaller banks without creating systemic risk, but there are formidable barriers. As increasing competition is on the agenda of policy-makers, this book discusses key considerations with deep dives in two heavily concentrated financial systems, Canada and Australia.
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Vendeur : BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, Allemagne
Taschenbuch. Etat : Neu. This item is printed on demand - it takes 3-4 days longer - Neuware -Many financial systems are overly concentrated with a few major banks dominating. This was long considered a necessary evil to ensure stability. It turns out that this is not true, as concentration is a main cause of systemic risk. More importantly, the end users of the financial system are paying a heavy price for this concentration. Large banks have market and pricing power and the financial systems are not nearly competitive enough. As a result, products and services are over priced, not differentiated, nor transparent. Switching providers, necessary for a competitive system, is still not easy with large banks controlling the client relationships. Big tech companies moving into financial services may not increase competition either as they can dominate as opposed to diversify and further increase systemic risk. A better solution is to develop a secure and well-regulated Open Banking system and increase the number of smaller banks without creating systemic risk, but there are formidable barriers. As increasing competition is on the agenda of policy-makers, this book discusses key considerations with deep dives in two heavily concentrated financial systems, Canada and Australia. 64 pp. Englisch. N° de réf. du vendeur 9786200533586
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Vendeur : moluna, Greven, Allemagne
Etat : New. Dieser Artikel ist ein Print on Demand Artikel und wird nach Ihrer Bestellung fuer Sie gedruckt. Autor/Autorin: Ozdemir BogieBogie Ozdemir is the CRO & EVP for CWB Financial Group and an active researcher. He has authored and co-authored 3 books and over 20 articles in peer reviewed risk management journals. Michael Giesinger is a risk profess. N° de réf. du vendeur 385893411
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Vendeur : buchversandmimpf2000, Emtmannsberg, BAYE, Allemagne
Taschenbuch. Etat : Neu. This item is printed on demand - Print on Demand Titel. Neuware -Many financial systems are overly concentrated with a few major banks dominating. This was long considered a necessary evil to ensure stability. It turns out that this is not true, as concentration is a main cause of systemic risk. More importantly, the end users of the financial system are paying a heavy price for this concentration. Large banks have market and pricing power and the financial systems are not nearly competitive enough. As a result, products and services are over priced, not differentiated, nor transparent. Switching providers, necessary for a competitive system, is still not easy with large banks controlling the client relationships. Big tech companies moving into financial services may not increase competition either as they can dominate as opposed to diversify and further increase systemic risk. A better solution is to develop a secure and well-regulated Open Banking system and increase the number of smaller banks without creating systemic risk, but there are formidable barriers. As increasing competition is on the agenda of policy-makers, this book discusses key considerations with deep dives in two heavily concentrated financial systems, Canada and Australia.VDM Verlag, Dudweiler Landstraße 99, 66123 Saarbrücken 64 pp. Englisch. N° de réf. du vendeur 9786200533586
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Vendeur : AHA-BUCH GmbH, Einbeck, Allemagne
Taschenbuch. Etat : Neu. nach der Bestellung gedruckt Neuware - Printed after ordering - Many financial systems are overly concentrated with a few major banks dominating. This was long considered a necessary evil to ensure stability. It turns out that this is not true, as concentration is a main cause of systemic risk. More importantly, the end users of the financial system are paying a heavy price for this concentration. Large banks have market and pricing power and the financial systems are not nearly competitive enough. As a result, products and services are over priced, not differentiated, nor transparent. Switching providers, necessary for a competitive system, is still not easy with large banks controlling the client relationships. Big tech companies moving into financial services may not increase competition either as they can dominate as opposed to diversify and further increase systemic risk. A better solution is to develop a secure and well-regulated Open Banking system and increase the number of smaller banks without creating systemic risk, but there are formidable barriers. As increasing competition is on the agenda of policy-makers, this book discusses key considerations with deep dives in two heavily concentrated financial systems, Canada and Australia. N° de réf. du vendeur 9786200533586
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Vendeur : preigu, Osnabrück, Allemagne
Taschenbuch. Etat : Neu. Competition and Stability in Concentrated Financial Systems | Key Considerations from a Policy-Making Perspective | Bogie Ozdemir (u. a.) | Taschenbuch | 64 S. | Englisch | 2020 | LAP LAMBERT Academic Publishing | EAN 9786200533586 | Verantwortliche Person für die EU: preigu GmbH & Co. KG, Lengericher Landstr. 19, 49078 Osnabrück, mail[at]preigu[dot]de | Anbieter: preigu. N° de réf. du vendeur 118473973
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