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New PDF release: A Blueprint for Better Banking: Svenska Handelsbanken and a

By Niels Kroner

ISBN-10: 0857190970

ISBN-13: 9780857190970

'A Blueprint for larger Banking' takes a clean examine the monetary drawback. It units out to reply to in particular what the errors have been that banks made and the way this may were kept away from. what's precise approximately this booklet is an in depth description of a giant financial institution that operates very in a different way from its friends and that has, consequently, suggested away from the parts that experience introduced many different banks into hassle. this gives a couple of insights into how a extra resilient, post-credit crunch banking procedure should still look.

the 1st part starts with an outline of present motives of the problem and why they continue to be partially unsatisfactory. It then units out an alternate framework established round seven behavioural styles of imprudent banking. those 'Seven lethal Sins' have prompted such a lot banking crises, together with the present one, and whereas they arrive in numerous shapes and kinds they continue to be primarily a similar. This e-book examines why they continue to be super tempting to bankers, usually with the enthusiastic aid in their shareholders and no significant objection through regulators.

the second one and major a part of the ebook is a brand new and vast description of the administration practices at Svenska Handelsbanken, one of many best 25 banks in Europe. It not just survived the Swedish banking drawback within the Nineties with no inquiring for help, however it has additionally remained reliable throughout the most up-to-date challenge. Handelsbanken didn't have to elevate capital or ask for presidency aid and its stocks were the easiest appearing ecu financial institution inventory by means of a large margin.

The financial institution has generally been run through administration practices which are diametrically against so-called 'best practice' within the undefined. The publication investigates how Handelsbanken operates with out bonuses and examines their distinctive company, process dialogue, threat administration and capital markets communique. In impression, the publication describes how Handelsbanken guarantees that it doesn't fall for any of the Seven lethal Sins. Niels Kroner has carried out over fifty interviews with Handelsbanken executives and opponents, and likewise attracts on his within event of many different associations to convey out the real transformations among the 'Handelsbanken way' and customary practices at different banks.

the ultimate half summarises what different banks and monetary associations can study from Handelsbanken and the way its version may well provide an answer that different strength regulatory adjustments may perhaps not.

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Additional info for A Blueprint for Better Banking: Svenska Handelsbanken and a proven model for more stable and profitable banking

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The basic problem is that they are cyclical because they are for some time self-reinforcing. In real estate, credit expansion leads to increased demand for a fixed supply of real estate so asset price increases. With rising asset prices even problem cases rarely lead to a loss because selling the collateral at a higher price more than covers the loan. Lending standards are relaxed since risks appear negligible, further fuelling credit expansion and taking care of problem cases since it is easy to refinance.

10 But it is an exaggeration to claim that Basel II itself is procyclical when its preferred model is precisely the opposite. In addition, Basel II explicitly gives regulators the tool, via stress testing capital levels under the so-called pillar II, to impose higher capital requirements on 9 US Generally Accepted Accounting Principles (US GAAP) are the mandatory accounting standards for companies listed on US stock exchanges. Most companies outside the US follow International Financial Reporting Standards (IFRS).

4. Investing in Non-Core Assets Should a US investment bank be the biggest owner of Japanese golf courses? Should European postal savings banks hold bundles of American mortgages to subprime clients? Or large portfolios of international real estate? A Swedish bank hold mortgages on Lehman property? The fourth deadly sin is so obvious that it does not need further elaboration. When banks own assets that have absolutely nothing to do with their real business, simply because they seem low risk and yield a juicy return, more often than not it ends in tears.

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A Blueprint for Better Banking: Svenska Handelsbanken and a proven model for more stable and profitable banking by Niels Kroner


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