Financial Intermediation in the 21st Century

Front Matter....Pages i-xxvi
Introduction: Financial Intermediation in the Age of Global Capital....Pages 1-3
Front Matter....Pages 5-5
Banking in the Twenty-First Century: the View from the Deutsche Bank....Pages 7-16
The Internet and the Commercial Banking Industry: Strategic Implications from a US Perspective....Pages 17-28
Three Imperatives to Foster as a Financial Institution in the Euro Era....Pages 29-32
Integrating Risk Management and Capital Management....Pages 33-57
IT and the Pressure to Innovate and Restructure....Pages 58-72
Front Matter....Pages 73-73
Global Finance Beyond 2000: SWX Swiss Exchange’s Challenge....Pages 75-77
On-Line Trading is Changing the Capital Markets....Pages 78-83
ABB as a Major User of Financial Markets....Pages 84-87
The Transformation of Stock Exchanges in Europe....Pages 88-116
What is the Future for Nationally or Regionally Based Financial Centres?....Pages 117-120
Front Matter....Pages 121-121
The Basel Capital Requirements: a First Step Towards Global Regulation....Pages 123-127
New Tools and Risks in Financial Intermediation in Emerging Markets: Should Regulators and Raters Adopt New Methods? The Case of Asia....Pages 128-132
The Role of the Financial Stability Institute of the Bank for International Settlements....Pages 133-139
Switzerland and the Challenges of Globalisation....Pages 140-144
Does the World Need a New Financial Architecture?....Pages 145-157
Reform of the Global Financial System: A View from an Emerging Economy....Pages 158-160
Global Finance Beyond 2000: Implications for Regulation and the Supervisory Authorities....Pages 161-168
Front Matter....Pages 169-169
Reforming African Financial Markets in the Era of Globalisation....Pages 171-185
Banking Regulation: Administrative Rules versus Market-Based Instruments....Pages 186-197
Front Matter....Pages 169-169
Credit Risk: The New Frontier of Risk Management....Pages 198-208
Banking: Is Bigger Really Better?....Pages 209-219
Turbulence, Crises and Risk Management....Pages 220-235
The Quest for the Optimal Portfolio: The Example of Investment Funds....Pages 236-245
Front Matter....Pages 247-247
Whither Financial Intermediation? Managerial and Regulatory Issues....Pages 249-307
Back Matter....Pages 309-315