Advertisement

Capital Games

Chapter
  • 885 Downloads
Part of the Innovations in Financial Markets and Institutions book series (IFMI, volume 15)

Keywords

Banking Supervision Federal Reserve System Capital Charge Federal Deposit Insurance Corporation Subordinate Debt 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Aidun, Christopher K., “A Primer on Asset Securitization,” Journal of Commercial Lending, September 1995, 19–32.Google Scholar
  2. Ambrose, Bent W., and Michael LaCour-Little, and Anthony B. Sanders, “Does Regulatory Capital Arbitrage or Asymmetric Information Drive Securitization,” Presented at the annual meeting of the Southern Finance Assoc., Charleston, S.C., December 5, 2003.Google Scholar
  3. “Approval of the Use of Certain Preferred Stock Instruments in Tier I Capital, October 21, 1996,” Federal Reserve Bulletin, November 1996, 1112–1113.Google Scholar
  4. “Asset Securitisation,” Consultative Document, Basel Committee on Banking Supervision, Basel, Switzerland, Bank for International Settlements, January 2001.Google Scholar
  5. Bank One Capital VI, Prospectus Supplement, 7.20% Preferred Securities, October 11, 2000.Google Scholar
  6. Bartholomew, Philip F., Resolving the Thrift Crises, Washington, D.C., Congressional Budge Office, 1993.Google Scholar
  7. “Basel II: Refinements to the Framework,” Fitch Ratings, Credit Polity, Special Report, February 6, 2003, Comments on Basel II, QIS 3, http://www.bis.org/bcbs/qis/qis3.htm#resp (visited 4/18/03).Google Scholar
  8. “Basel II Spurring Market Creativity?” Global Risk Regulator, June 2003, 5.Google Scholar
  9. Bies, Susan Schmidt, Remarks by Governor Bies at Thunderbird, The American Graduate School of International Management, Glendale, Arizona, “Financial Markets and Corporate Governance in the United States and Other Countries,” February 11, 2003.Google Scholar
  10. Burhouse, Susan, John Feid, George Finch, and Keith Ligon, “Basel and the Evolution of Capital Regulation: Moving Forward and Looking Back,” For Your Information, Federal Deposit Insurance Corporation, January 14, 2003Google Scholar
  11. Calomiris, Charles, and Joseph H. Mason, “Credit Card Securization and Regulatory Arbitrage,” EconPapers, Federal Reserve Bank of Philadelphia, No. 03-07, 2003.Google Scholar
  12. Cole, Rebel A., Joseph A. McKenzie, and Laurence J. White, “Deregulation Gown Awry: Moral Hazard and the Savings and Loan Industry,” appears in The Causes and Costs of Depository Institutions Failures, Allin F. Cottrell, Michael S. Lawlor, and John H. Wood, editors, Boston, MA., Kluwer Academic Publishers, 1995, 29–74.Google Scholar
  13. “Commercial Bank Examination Manual,” Section 3000, Board of Governors of the Federal Reserve System, Washington, D.C., (May 2002). http://www.federalreserve.gov/boarddocs/SupManual/default.htm#cbem Google Scholar
  14. “Emergency Countermeasure to Deflation,” The Ministry of Foreign Affairs of Japan, (February 27, 2002). www.mofa.go.jp/policy/economy/japan/measure0202.html (visited 2/20/03).Google Scholar
  15. “European Structured Covered Bonds: Moody’s Rating Approach,” International Structured Finance, Rating Methodology, Moody’s Investors Service, April 10, 2003.Google Scholar
  16. FASB Interpretation No. 46, Consolidation of Variable Interest Entities, an interpretation of ARB No. 51, Financial Accounting Standards Board, January 2003.Google Scholar
  17. FDIC Quarterly Banking Profile, Fourth Quarter, 2002, Table III-A http://www2.fdic.gov/qbp/2002dec/cb3.htmlGoogle Scholar
  18. Ferguson, Roger W., Vice Chairman of the Board of Governors of the Federal Reserve System, Statement before the Domestic and International Monetary Policy, Trade and Technology Subcommittee on Financial Services, U.S. House of Representatives, February 27, 2003.Google Scholar
  19. Financial Institution Letters, “Authority of State Banks to Invest in Trust Preferred Securities, FDIC, FIL-16, 99, February 19, 1999.Google Scholar
  20. French, George, “Estimating the Capital Impact of Basel II in the United States,” For Your Information (FYI), Federal Deposit Insurance Corporation, December 8, 2003.Google Scholar
  21. Frischmann, Peter J., and Terry D. Warfield, “Multiple Motivations and Effects—The Case of Trust Preferred Stock,” Issues in Accounting Education Abstracts, Vol. 14, No. 2, May 1999.Google Scholar
  22. Frye, Jon, “Weighting for Risk,” Capital Market News, Federal Reserve Bank of Chicago, December 2001, 1–3.Google Scholar
  23. Harvey, Keith D., M. Carry Collins, and James W. Wansley, “The Impact of Trust-Preferred Issuance on Bank Default Risk and Cash Flow: Evidence from Debt and Equity Securities Markets, The Financial Review, 38, May 2003, 235–256.CrossRefGoogle Scholar
  24. Hawke, John D., Jr., Comptroller of the Currency, Statement before the Subcommittee on Domestic and International Monetary Policy, Trade and Technology of the Committee on Financial Services, U.S. House of Representatives, February 27, 2003.Google Scholar
  25. Hawke, John D., Jr., Comptroller of the Currency, Remarks before the Institute of International Bankers, Washington, D.C., March 3, 2003.Google Scholar
  26. Higgins, Eric J., and Joseph R. Mason, “What is the Value of Recourse to Asset-Backed Securities? A Clinical Study of Credit Card Banks,” Working Papers, Federal Reserve Bank of Philadelphia, No. 00-06, April 2003.Google Scholar
  27. “Interagency Advisory on Mortgage Banking,” Washington, D.C., Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, Office of Thrift Supervision, February 25, 2003.Google Scholar
  28. “Interagency Advisory on the Unsafe and Unsound Use of Covenants Tied to Supervisory Actions in Securitization Documents,” Washington, D.C., Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, Office of Thrift Supervision, May 23, 2002.Google Scholar
  29. “Interagency Guidance on Asset Securitization Activities,” Washington, D.C., Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, Office of Thrift Supervision, December 13, 1999.Google Scholar
  30. “Interagency Guidance on Implicit Recourse in Asset Securitizations,” Washington, D.C., Office of the Comptroller of the Currency, Federal Deposit Insurance Corporation, Board of Governors of the Federal Reserve System, Office of Thrift Supervision, May 23, 2002.Google Scholar
  31. “Interpretive Letter #777,” 12. U.S.C. 24(7)92, Office of the Comptroller of the Currency, Washington, DC, April 1997.Google Scholar
  32. Jordan, Paul, “Pooled Trust Preferred Stock,” Capital Market News, Federal Reserve Bank of Chicago, March 2000, 6–7. www.chicagofed.org/publications/publicpolicystudies/emergingissues/pdf/S&R-2000-2.pdfGoogle Scholar
  33. Kalser, Kathy R., “Financial Markets,” Regional Outlook, Federal Deposit Insurance Corporation, Fourth Quarter, 1997, 19–22.Google Scholar
  34. Kealhofer, Stephen, “Quantifying Credit Risk I: Default Prediction,” Financial Analysts Journal, January/February 2003, 30–44.Google Scholar
  35. Kendall, Leon T., and Michael J. Fishman, A Primer on Securitization, Cambridge, Mass., The MIT Press, 1998.Google Scholar
  36. Moscow, Michael H., “The Regulation of Derivatives,” appears in Derivatives and Public Policy, Proceedings of a Conference,” Chicago, Ill, Federal Reserve Bank of Chicago, 1996, 1–6.Google Scholar
  37. OCC Bulletin, “Interagency Guidance on Asset Securitization Activities,” OCC 99-46. Washington, D.C. Office of the Comptroller of the Currency, December 14, 1999.Google Scholar
  38. OCC Bulletin, “Unsafe and Unsound Investment Portfolio Practices,” OCC 2002-19, May 22, 2002.Google Scholar
  39. OCC Bulletin, “Interagency Questions and Answers on the Capital Treatment of Recourse, Direct Credit Substitutes, and Residual Interests in Asset Securitizations,” OCC 2002–22, May 23, 2002.Google Scholar
  40. OCC News Release, “Agencies Issue Rulemakings to Amend Risk-Based Capital Treatment of Exposures to Asset-Backed Commercial Paper Programs and Securitizations with Early Amortization Provisions,” NR 2003-72, September 13, 2003.Google Scholar
  41. OCC “Agencies Issue Rulemakings to Amend Risk-Based Capital Treatment of Exposures to Asset-Backed Commercial Paper Programs and Securitizations with Early Amortization Provisions” Interim Final Rule, (September 2003). http://www.occ.treas.gov/ftp/release/2003-72a.pdfGoogle Scholar
  42. Petrou, Karen Shaw, “Policy Issues in Complex Proposals Warrant Congressional Scrutiny,” Testimony before the Domestic and International Monetary Policy, Trade and Technology Subcommittee on Financial Services, U.S. House of Representatives, February 27, 2003.Google Scholar
  43. “Program for Financial Revival—Revival of the Japanese Economy Through Resolving Non-Performing Loans Problems of Major Banks,” The Ministry of Foreign Affairs of Japan/Financial Services Agency, Japan, October 30, 2002. www.mofa.go.jp/policy/economy/japan/program0120.html (visited 2/20/03).Google Scholar
  44. Powell, Donald E., Chairman, FDIC, Remarks Before the Independent Community Bankers Association, San Diego, CA; FDIC, Press Release PR-22-2004, March 16, 2004.Google Scholar
  45. “Quantitative Impact Study 3 Technical Guidance,” Basel Committee on Banking Supervision, Basel Switzerland, Bank for International Settlements, October 2002.Google Scholar
  46. “Range of Practice in Banks’ Internal Rating Systems” Discussion Paper, Basel Committee on Banking Supervision, Basel Switzerland, Bank for International Settlements, January 2002.Google Scholar
  47. Sheng, Andrew, “The United States: Resolving Systemic Crisis, 1981–1991, appears in Bank Restructuring: Lessons from the 1980s, Andrew Sheng, editor, Washington, D.C., The World Bank, 1996, 71–86.Google Scholar
  48. Sherrerd, Katrina F., “Forward” appears in Credit Analysis Around the World, Charlottesville, VA, Association for Investment Management and Research (AIMR), 1998, v.Google Scholar
  49. Spillenkothen, Richard, Director, Division of Banking Supervision and Regulation, “Banking Supervision and Regulation in the Next Millennium,” Remarks made at the New York State Banking Department, New York, New York, Board of Governors of the Federal Reserve System, Speech, October 25, 1999.Google Scholar
  50. Statistical Abstract of the United States 1989, Washington, D.C., U.S. Department of Commerce, 1989.Google Scholar
  51. Supervisory Letter, Derivative Contracts Hedging Trust Preferred Stock, Board of Governors of the Federal Reserve System, SR-02-10, March 28, 2002.Google Scholar
  52. “The Challenge of Structural Reform and Pursuing Dynamism in Society and Economy,” Joint Report by the Social and Economic Outlook Committee and Economic Entity Role Committee, Economic Council, Japan, June 1998.Google Scholar
  53. “The Market for Covered Bonds in Europe,” Deutsche Bank, Global Market Research, March 18, 2003.Google Scholar
  54. Toritani, Reiko, and Philip Jones, “Japanese Banks: Stormy New Year,” FitchRatings, January 16, 2003 (www.fitch.com).Google Scholar
  55. “Toxic Waste,” The Economist, March 15, 2003, 68–69.Google Scholar
  56. UBS AG, Financial Services Group, “The New Accord, Pillar 1—Quantitative Impact Study 3 Technical Guidance,” Comment letter to the BIS, February 7, 2003, http://www.bis.org/bcbs/qis/qis3.htm#resp (visited 4/18/03).Google Scholar
  57. Yanagisawa, Hakuo, M.P., Minister for Financial Services, Japan, presentation at the Symposium on Building the Financial System of the 21st Century: An Agenda for Japan and the United StatesWarrenton, Virginia September 20, 2002. http://www.fsa.go.jp/statement/statement.html (visited 2/20/03).Google Scholar

Copyright information

© Springer Science+Business Media, Inc. 2005

Authors and Affiliations

  1. 1.University of AlabamaUSA

Personalised recommendations