金融市场与金融机构基础 第3章.pptVIP

Copyright ? 2010 Pearson Education, Inc. Publishing as Prentice Hall * * * * * * * * * * * * * * * * * * * * * * * * * * * Depository Institutions: Activities and Characteristics Chapter 3 Asset/Liability Problem Spread Income Types of Risk Credit Risk Regulatory Risk Interest Rate Risk Liquidity Concerns Ways to accommodate withdrawals and loan demand Attract additional deposits Use currently-owned securities as collateral for loans from other institutions Raise short-term funds in the money market Sell currently-owned securities Depository Institutions Commercial Banks Savings and Loan Associations Savings Banks Credit Unions Commercial Banks As of Q2 2007, 7350 commercial banks 25% national banks, but holds 65% assets Bank deposits insured by FDIC Asset Size of Banks Top 30 Largest Banks Top 30 Largest Banks (continued) Bank Services Consumer Banking Installment loans, residential mortgage loans, credit card loans, brokerage services, student loans, etc. Institutional Banking Commercial real estate finance, leasing, factoring Global Banking Corporate finance, capital market and foreign exchange market products and services Bank Funding Deposits Demand and Time Deposits Non-Deposit Borrowing Fed Discount Window and Federal Funds Market Retained Earnings and Equity Securities Other Non-deposit Borrowing Issuance of Debt Securities Capital Requirements for Banks Risk-based capital requirements Basel 1 Framework Basel 2 Framework Three “pillars” Minimum risk-based capital requirements Supervisory review of capital adequacy Market discipline through public disclosure Capital Requirements Risk-Based Capital Guidelines Tier 1 (Core Capital) Common stock, certain preferred stock, and minority interest Tier 2 (Supplementary Capital) Loan-loss reserve, certain preferred stock, perpetual debt, hybrid capital instruments, and subordinated debt Credit Risk Weight Capital Requirement Savings and Loan Associations Principal assets Mortgages Mortgage-backed s