Dissertations / Theses: 'Investment Banks and banking'

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Ursacki, Terry. "Foreign direct investment in the Japanese and Korean banking sectors." Thesis, University of British Columbia, 1990. http://hdl.handle.net/2429/32180.

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Foreign direct investment (FDI) in banking (i.e., the establishment of branches, representative offices, agencies, subsidiaries, or affiliates abroad) is one of the key features of the international monetary system, yet it has received relatively little attention, particularly from empirical researchers. This thesis first reviews the existing work on FDI in banking, and then proposes a theoretical framework for understanding the sources of competitive advantage which lead to multinational banking. This framework integrates earlier work on the theory of financial intermediation with Durming's eclectic theory of FDI. Sources of competitive advantage (Dunning's "ownership-specific advantages") are found to lie in the areas of transaction cost reduction, asset transformation, information production, monitoring, and signalling. Empirical proxies for these variables are then identified. The importance of these variables is then tested using data on foreign banks operating in Japan and Korea. The first test uses survival time analysis (Cox proportional hazards model) to identify the factors associated with early entry into these markets after they were opened to foreign banks. The second uses multinomial logit analysis to examine the factors distinguishing banks which have established a branch or representative office in Japan and Korea from those that have not. The results of the two models are consistent for the most part and are generally in accordance with the predictions of the theory. The final part of the thesis explores the reasons for the strategic choices of the foreign banks in these markets and their relative success in implementing them. A cluster analysis reveals the presence of strategic groups in each market whose membership is broadly consistent with the types of advantages they have, as revealed by a review of the trade press. The most profitable foreign banks are found to be those that pursue niches with high barriers to entry, usually due to a natural advantage such as nationality. Implications for further research are then discussed.
Business, Sauder School of
Graduate

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Kosek, Jiří. "Analysis of investment products of domestic and foreign banks." Master's thesis, Vysoká škola ekonomická v Praze, 2014. http://www.nusl.cz/ntk/nusl-192610.

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The objective of this thesis is to show different types of investment opportunities that a small investor has on a standard banking market. Subsequently they are analyzed from both theoretical and practical aspects. The reader will be able to see pros and cons of e.g. traditional saving products, mutual funds and many others. Services will be among other assessed from an international perspective. The main intention of this analysis is to find such financial products, to which a small investor has access and that can be recommended as a meaningful investment.

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Vick, Sondra Kay. "Investment centers that are feasible in a credit union." CSUSB ScholarWorks, 2000. https://scholarworks.lib.csusb.edu/etd-project/1758.

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This project will identify the options available to a credit union desiring to open an office of the securities industry to provide investment products and advisory services to its member. The three options identified are becoming a branch office of an established broker/dealer, becoming an introducing broker/dealer, or purchasing an existing broker/dealer. An analysis will identify the required needs of an account executive in a computer system, client statements, and client confirmations. It will also analysis the capital requirements, the expenses of opening and running an office, fees charged to clients, and the licenses required. This project will show that any of these three options are feasible for a credit union but which option is chosen will be determined by the size and capital of the credit union undertaking this business venture.

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Kirikkaleli, Dervis. "Foreign direct investment in the banking sector : empirical evidence from Turkey." Thesis, University of Stirling, 2013. http://hdl.handle.net/1893/19308.

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Multinational bank activities have gradually risen in developing countries since the beginning of the globalisation process. Rising foreign bank activities in developing countries have motivated researchers to investigate foreign banks, comprehensively. Turkey is a typical example of a developing country that achieved a tremendous growth rate in foreign bank asset, especially throughout the last decade. The aim of this thesis is to examine two-way linkage; (1) between foreign bank penetration (FBP) and banking variables; (2) between FBP and country risk and (3) between FBP, foreign direct investment (FDI) and foreign portfolio investment (FPI) in Turkey. Therefore, this thesis is constructed by three empirical sections. Moreover the pattern of FDI inflow and outflow in the world and in Turkey has been analysed, chronologically. In addition, the theory of FDI is taken into account and existing FDI theories has been criticised. In the first empirical work – Chapter 3 - the short run and long run relationship, if it exits, between FBP and determinants of bank performance (namely, domestic bank assets, domestic credit and banking profitability) in Turkey was investigated after controlling DGDP and 2001 financial crisis (DUM2001). The outcome of the Granger causality test indicates that there was unilateral causality which runs from DDB to DFBP . Moreover, I also found feedback causality between DFBP and DCREDIT . By employing impulse response functions, I found that there is positive relationship between DFBP and DCREDIT as I expected. Moreover, the response of DFBP to one standard deviation shock in domestic bank assets is initially statistically significant and positive. The reverse effect is statistically significant and positive. In the final model, the response of DFBP to one standard deviation shock in profitability (PRO) is significant and positive at 3rd quarter. The reverse effect is surprisingly positive but not statistically significant. Specifically, what has not been also investigated deeply in the empirical literature is the two-way linkage between foreign bank penetration and risk such as political, financial and economic. Thus, in chapter 4, linkage between FBP and country risk (namely, political risk, economic risk and financial risk) was examined in Turkey using quarterly data from 1994Q1 to 2009Q4. My finding indicated that I found one error correction term significant and positive in bivariate vector error correction in model 1 and 2, implying that in the long run, foreign bank penetration has contributed to economic and political risk. Moreover, short run causality based on VAR approach between DFBP and financial risk is investigated but I failed to find any significant causality in the VAR model after controlling DGDP and 2001 financial crisis, even at the 10% level. By analysing impulse response functions, I could not detect any significant relationship between DFBP and host country risk variables in the short run. This is because adding control variables (DGDP and DUM2001) make the relationship between host country risk variables and DFBP statistically insignificant. Finally, I investigated two-way linkage between FBP, FPI and FDI in Turkey after controlling DGDP and 2001 financial crisis. The finding from the VAR based block exogeneity wald test indicated that changes in DFBP significantly lead to changes in DFDI and there is also unilateral causality which runs from FPI to DFBP. Moreover, using the variance decomposition technique I found that DFDI and FPI have little explanatory power for the evolution of DFBP in Turkey. The contribution of DFBP to the variability of DFDI is more than that of FPI. The contribution of DFDI to FPI variability ranges between 0.000% and 9.122% throughout 12 quarter periods whilst the contribution of DFBP to FPI variability ranges between 0.000% and 7.611%.

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Wong, Tze-kin Andy. "Design and marketing of over-the-counter option-linked deposit for retail banking market /." Hong Kong : University of Hong Kong, 1998. http://sunzi.lib.hku.hk/hkuto/record.jsp?B19872094.

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Van, Winkle Jeannette. "Capital accumulation, financial reform, and investment planning in Russia : what is to be done about the banks? /." Santa Monica, CA : RAND, 1995. http://www.rand.org/pubs/rgs%5Fdissertations/RGSD115/.

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Neupane, S. "Conflicts of interest in IPOs: case of investment banks - a systematic review." Thesis, Cranfield University, 2008. http://dspace.lib.cranfield.ac.uk/handle/1826/12486.

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Since the burst of the internet bubble there is a great deal of interest in the way investment bank prices and allocates initial public offerings (IPOs). The additional scrutiny and spotlight is also because of the dominance of bookbuilding mechanism, which gives complete discretion in terms of allocation and pricing to underwriters, and the huge amount of money left on the table by the issuers, especially during the internet bubble period. Numerous press stories and law suit by investors and issuers alleged conflicts of interest by investment banks at the expense of issuers and investors. On the basis of scoping study we identified five areas to examine conflicts of interest: laddering, spinning, relationship banking, profit sharing allocation and allocation to affiliated funds. The findings of the systematic review show that very limited research has been done on the areas identified. Moreover, there is almost no evidence available to examine the behaviour of investment banks post internet bubble burst. Likewise, very limited evidence is available from countries other than United States. From whatever limited research has been done in these areas there does seem to be enough evidence to suggest that investment banks have been involved in activities that is in conflict with their responsibilities and duties. There is clear evidence of wrong doing by investment banks in US during the internet bubble period by being involved in spinning, laddering and profit sharing allocations. There is not much evidence available at the moment to charge the underwriters of exploiting issuers and investors through the use of affiliated banks, venture capitalists and mutual funds. There is a great need to examine the behaviour of investment banks not only for the sake of the stability of the financial markets but also for the financial intermediaries themselves as unnecessary regulations undermine the efficient operations of financial markets.

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Nieuwoudt, M. M. "The strategy of PSG investment bank." Thesis, Stellenbosch : Stellenbosch University, 2003. http://hdl.handle.net/10019.1/49391.

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Thesis (MBA)--Stellenbosch University, 2003.
ENGLISH ABSTRACT: PSG Investment Bank started out of the PSG Group in 1998. It was a successful enterprise that was rated highly by the public, institutions and employees. Through 1999, there was a struggle on executive level over the strategy that PSG Investment Bank should follow. The struggle culminated in 2000 with the resignation of the founder of PSG Investment Bank. The remaining executives put their strategy in action during 2000 and 2001. External factors made the environment difficult during late 2001 and 2002 and PSG Investment Bank was not able to respond in such a way that it could ensure its own survival. PSG Investment Bank was sold to Absa in August 2002, resulting in PSG Investment Bank's closure and delisting in 2003. This study examines the strategy of PSG Investment Bank through its life according to a model for strategic management put forward by Burger (2000). The vision of PSG Investment Bank, the external environment that influenced PSG Investment Bank and the internal environment of PSG Investment Bank are analysed as well as the strategic issues and options utilised by PSG Investment Bank. The conclusion of the study is that PSG Investment Bank faced a tough external environment that needed a strong internal environment to be able to survive. By not managing the most important internal resources, the employees, correctly, management lost the ability to ride out the storm brought about by the external circumstances and were left with few strategic options but to sell PSG Investment Bank.
AFRIKAANSE OPSOMMING: PSG Beleggingsbank is in 1998 uit die PSG Groep gebore. Dit was 'n hoogs suksesvolle onderneming wat deur die publiek, institusies en werknemers gerespekteer is. Deur die loop van 1999 was daar 'n stryd op topbestuursvlak oor die strategie wat PSG Beleggingsbank moes volg. Hierdie stryd het in 2000 die bedanking van die stigter van PSG Beleggingsbank tot gevolg gehad. Die oorblywende bestuurders het hulle strategie gedurende 2000 en 2001 in werking geplaas. Eksterne faktore het die omgewing moeilik gemaak gedurende laat 2001 en 2002 en PSG Beleggingsbank kon nie daarin slaag om sodanig op te treë om sy eie oorlewing te verseker nie. PSG Beleggingsbank is in Augustus 2002 aan Absa verkoop wat veroorsaak het dat PSG Beleggingsbank gedenoteer is en sy deure tydens 2003 gesluit is. Hierdie studie ondersoek die strategie van PSG Beleggingsbank deur die loop van die onderneming se lewe aan die hand van 'n model vir strategiese bestuur soos voorgestel deur Burger (2000). Die visie van PSG Beleggingsbank, die eksterne omgewing wat PSG Beleggingsbank beïnvloed het en die interne omgewing binne PSG Beleggingsbank sowel as die strategiese kwessies en keuses wat PSG Beleggingsbank uitgevoer het, word bestudeer. Die slotsom van die studie is dat PSG Beleggingsbank 'n moeilike eksterne omgewing ondervind het wat 'n sterk interne omgewing benodig het om in te oorleef. Deur nie sy belangrikste interne hulpbron, sy werknemers, reg te bestuur nie, het die bestuur die vermoë verloor om die storm wat deur eksterne faktore veroorsaak is, uit te sit en het met min strategiese opsies oorgebly anders as om PSG Beleggingsbank te verkoop.

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Sathitsuksanoh, Noppadon Thompson Henry L. "Recent portfolio investment and central bank policy in Thailand." Auburn, Ala, 2008. http://hdl.handle.net/10415/1504.

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Al-Sayed, Hashim Abdulrahim. "A study on the development and analysis of investment tools in Islamic banks with special reference to the experience of Qatar International Islamic Bank and Qatar Islamic Bank during the period 1999-2009." Thesis, University of Wales Trinity Saint David, 2013. http://ethos.bl.uk/OrderDetails.do?uin=uk.bl.ethos.683089.

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Ballew, Hailey B. "Accounting Quality Benefits of Regulatory Spillover:Evidence from the Banking Industry." The Ohio State University, 2019. http://rave.ohiolink.edu/etdc/view?acc_num=osu15609423195075.

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Annink, Marit. "Investment Banks in Sweden : Careers in a gendered organization culture." Thesis, KTH, Industriell ekonomi och organisation (Inst.), 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-300172.

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Gender equality is a much-debated topic today with e.g., EU putting pressure on the labour market through Sustainable Financial Disclosure Regulations (SFDR) and the UN through their Sustainable Development Goals (SDG). However, gender equality is not a simple matter of only distributions and setting goals; it also refers to attitudes, norms, values, and ideals that affect the lives of women and men in society. Currently the labour market is implementing policies and taking initiatives for increased diversity however, women are still lagging behind men and women’s hierarchical advancement is experiencing a slowing trend. One industry with a strong male dominance is the investment banking industry, an industry that has been struggling to increase the gender split. Multiple attempts have been taken to recruit more women, but the industry struggles with retention rates and is still a heavily male-dominated sector. To be able to know which policies to implement it is important to understand how the organization is gendered and to understand its willingness to change. What happens within organizations can also be seen in society, politics, and media. Research on gendered organizations provide visibility and nuance on how gender is created by society. This research has studied how the industry investment banking is gendered and the perspective on change. The study has been conducted through a qualitive method using structural interviews with guidance of Sarah Rutherford’s model on excluding factors. The interviewees were employees on a junior level in the hierarchy, at different investment banks in Sweden. The study shows an industry with multiple cultural aspects that can work as excluding towards women; the long-hour culture, language & communication, work ideology and gender awareness. The study found both a denial and unawareness of the existing gendered process. The junior team themselves were a mix of different resistors: open, hidden and neutral. There was also a strong belief that the inequalities would fade over time and that they were heavily dependent on the gender split rather than the terms and conditions at the workplace.
Jämställdhet är idag ett omtalat ämne som engagerar samhällen på alla nivåer, Eu med sin Sustainable Finance Regulation (SFDR) som ämnar sätta press på arbetsmarknaden och FN med deras Sustainable Development Goals (SDG), är bara några exempel på samtida engagemang. Jämställdhet är dock inte så enkelt att det kan reduceras till betraktandet av distributioner och målsättning; det refererar också till attityder, normer, värderingar och ideal som påverkar kvinnor och mäns liv i många delar av samhället. Arbetsmarknaden arbetar aktivt med att implementera policys och ta initiativ för att uppnå jämställdhet. Det pågående arbetet till trots kan vi dessvärre se en negativ och avtagande trend vad gäller kvinnors avancemang i professionella hierarkier och fortsatt hamnar steget efter män i dessa miljöer. En av många mansdominerande branscher är investment banking, en bransch som länge kämpat med en ojämn könsfördelning. Flera försök till att rekrytera kvinnor till branschen har gjorts men dessvärre utan önskat långsiktigt resultat då man bland annat har problem att behålla kvinnorna. För att förstå vilka policyer som ska implementeras är det viktigt att förstå hur en organisation är könsmärkt och dess vilja till förändring. Det som sker i organisationer kan också identifieras i samhället, politiken och media. Forskning på könsmärkta organisationer ger insyn och nyansering till hur kön är skapat i samhället. Denna studie har undersökt hur investment bankindustrin är könsmärkt och hur den ser på förändring. Studien har genomförts med kvalitativa metoder där strukturella intervjuer med Sarah Rutherfords modell om exkludering utgör studiens grund. De valda intervjurespondenterna befinner sig på en junior nivå i branschens hierarkisystem och är eller har varit representerade på olika investmentbanker i Sverige. Studien visar en bransch med flera kulturella aspekter som resulterar i exkludering av kvinnor, dessa var; arbetstider, språk & kommunikation, arbetsideologi och könsmedvetenhet. Vidare påvisar studien en existerande förnekelse och omedvetenhet av den könsmärkta organisationen, där respondenterna visade sig vara en blandning av den öppne, dolda och neutrale jämställdhetsmotståndaren. Det fanns också en stark tro på att en utveckling mot jämställdhet sker av sig själv då problematiken upplevdes vara såväl en generations- som en distributionsfråga och inte en fråga om olika villkor och förutsättningar på arbetsplatsen.

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Sharkasi, Omar A. "The impact of investment in accounting information systems on business performance : the case of the Libyan commercial banks." Thesis, University of Gloucestershire, 2011. http://eprints.glos.ac.uk/3282/.

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This study aimed to explore investment in accounting information system (AIS) in the commercial banks in Libya. It focuses on the extent and nature of AIS investment in the Libyan commercial banks, resultant changes in business processes and the significance of training and up-skilling of the workforce in delivering systems benefits. Following an initial literature review, the research reviewed AIS investment in all Libyan commercial banks and established top line profiles of nine of the thirteen existing banks (the other four being close to merger with, or acquisition by, other banks). Three banks were selected for detailed case study analysis, representing a cross-section in terms of size, staff, age profile, and ownership of the banks. Three methods were adopted to collect data - individual questionnaires with key bank personnel, semi-structured interviews and review and analysis of pertinent bank documents. The study researched and analysed the recent investment in advanced IT in the case study banks, where AIS packaged software and communications infrastructure had been implemented. The banks that use developed global systems have more efficient and effective systems than the banks that use local systems, and in general there are no adequate policies or plans in place for training and up-skilling of staff using these new systems. The study also found that investment in AIS and associated technological infrastructure had impacted on all main business processes, bringing about significant process improvement in some cases. Contributions to knowledge include a qualitative assessment of AIS in Libyan banks, which has not been done before, and the identification of some of the benefits and problems that result from major systems deployment. The study has also shown that models formulated for application in the developed world can be adapted and applied to assess information systems in a developing world commercial environment.

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Khumalo, Mahlomola. "How South African banking sector facilitates South African foreign direct investment into Sub-Saharan Africa." Thesis, Stellenbosch : Stellenbosch University, 2008. http://hdl.handle.net/10019.1/8445.

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Thesis (MDF)--Stellenbosch University, 2008.
ENGLISH ABSTRACT: Currently, South Africa is a leading intra-continental foreign direct investor in Africa, in general, and in Sub-Saharan Africa, in particular. The internationalisation of South African enterprises has throughout the period following the advent of the new dispensation in 1994 assumed two forms: banking and non-banking cross-border expansions. These cross-border expansions have largely involved greenfield, merger and acquisition and joint venture types of investment. Increased trade between South Africa and the region and huge business and investment opportunities have been the pre-eminent motive forces behind the country's nonbanking and banking foreign direct investment drive into Sub-Saharan Africa. A number of studies have been conducted about South African general outward foreign direct investment, but none so specifically about the involvement of the South African multinational banks in this cross-border expansion by the country's multinational firms. In fact, no obvious and composite information is readily available about the "how" aspect of the involvement. It is the objective of this study therefore to investigate "how" South African banks with multinational behaviour have facilitated and continue to facilitate the way for South African foreign direct investment in Sub-Saharan Africa. The outcome of the research effort makes for an interesting discovery that demonstrates how South African banks indeed facilitate South African outward FDI flows into the Sub-Saharan region. A case study illustration in this research report clearly shows that banks, driven by their own foreign direct investment interests, were simultaneously facilitating and driving nonbanking foreign direct investment in the region. Benefits and costs are also accruing to firms and countries (host country and home country to a lesser degree) involved in the crossborder investment activities. South African outward foreign direct investment, although very important to Sub-Saharan Africa, has serious challenges to contend with in the region. Pockets of conflict and instability in some countries with lucrative opportunities continue to bedevil South African foreign direct investment. Policy and regulatory environments in some countries still remain to be a downside for the attraction of South African outward foreign direct investment, including banking foreign direct investment. Interestingly, South African govemment is keenly involved to ensure that trade and investment in Sub-Saharan Africa flow uninterruptedly without prejudicing any party. Trade and investment opportunities are indeed the key motives for South African outward foreign direct investment into Sub-Saharan Africa. The ''follow-your-client'' paradigm is largely responsible for the South African multinational banks' drive across the border into the region. This ''follow-your-client'' concept in the South Africa foreign direct investment context and other related concepts must be further researched in much greater detail and wider approach. But this does not take away the essence and significance of this study which, amongst other things, provides a good foundation for future research undertakings.
AFRIKAANSE OPSOMMING: Huidiglik is Suid-Afrika die voorstander in die intra-kontinentale vaste buitelandse investering in Afrika in die algemeen en spesifiek in Sub-Sahara Afrika. Die internasionalisering van Suid-Afrikaanse besighede het na 1994 twee vorme aangeneem, t.w. die uitbreiding van bank- en nie-bankinvestering. Die uitbreiding sluit in samesmeltings en venootskappe van investeringsgeleenthede. Verhoogde handel, investeringsgeleenthede en besigheid tussen Suid-Afrika en Sub-Sahara Afrika was die dryfkrag agter die land se vaste buitelandse beleggings. Aigemene studies is gedoen van Suid-Afrikaanse buitelandse beleggings, maar niks so spesifiek soos die samewerking van Suid-Afrikaanse banke met die banke van buitelandse multinasionale firmas nie. Daar is geen inligting vrylik bekombaar oor die 'hoe' van die buitelandse beleggings nie. Die doel van hierdie studie is om juis te bepaal hoe Suid-Afrikaanse banke tans en op die pad vorentoe te werk gaan om vaste buitelandse investerings met multinasionale besighede in Sub-Sahara Afrika uit te brei. 'n Teoretiese grondslag van die debat, definisies en begrip van die konsep "vaste buitelandse investering" vorm deel van die ondersoek, waar beide primere en sekondere data gebruik is. Moeite is gedoen om te verseker dat die data en inligting wat gebruik is, gebaseer is op die "global research methodology", wat insluit vraelyste en elektroniese onderhoude. Hierdie terugvoering wys daarop dat Suid-Afrikaanse banke inderdaad pro-aktief is in die veld van uitwaardse vaste beleggings in die Sub-Sahara area. Banke doen nie net hul eie vaste buitelandse investerings nie, maar fasiliteer dit vir nie-bank vaste buitelandse beleggings. Dit lei tot voordele en kostebesparings vir firmas in die proses van beleggingsaktiwiteite. Alhoewel Suid-Afrikaanse vaste beleggings belangrik is vir ander Afrikastate, is daar ook heelwat slaggate om in ag te neem. Onstabiliteite in lande met aansienlike investeringspotensiaal maak dit moeilik vir Suid-Afrika om te investeer. In baie lande het reels en regulasies nog steeds 'n negatiewe invloed op buitelandse investerings, wat banke insluit. Handel en beleggingsgeleenthede is die motief vir Suid-Afrikaanse investering in SubSahara lande. Die gesegde "follow your client" is die dryfkrag agter die Suid-Afrikaanse banke om te investeer. Daar moet meer ondersoek gedoen word oor die "follow your client" konsep. Hierdie verslag is dus slegs 'n begin punt waarop daar uitgebrei moet word deur verdere ondersoeke.

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Yee, Eric Michael. "The Cost of Going Bulge: A Comparative Analysis of Bulge Bracket and Non-Bulge Bracket Banks and their Impact on IPO Underpricing." Scholarship @ Claremont, 2014. http://scholarship.claremont.edu/cmc_theses/971.

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This paper examines the role of investment banks in initial public offerings. More specifically, we uncover whether or not bulge bracket banks, on average, more or less underprice IPOs than non-bulge bracket counterparts. Three different models are utilized to uncover the determinants of underpricing, with an emphasis on deal mechanics and quantitative measures of the going public firm.

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Souza-Sobrinho, Nelson Ferreira. "Essays on interest rates, growth and business cycles." Diss., Restricted to subscribing institutions, 2007. http://proquest.umi.com/pqdweb?did=1428847721&sid=1&Fmt=2&clientId=1564&RQT=309&VName=PQD.

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Mekonnen, Michael, and Gara Tahir. "The Ethnic Barrier : An exploratory study of the perception of ethnic diversity within investment banks in Sweden." Thesis, KTH, Skolan för industriell teknik och management (ITM), 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:kth:diva-300378.

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This paper aims to give an insight into how employees, with foreign backgrounds, at investment banks in Sweden perceive the industry with respect to ethnic diversity. Furthermore, it intends to investigate how employees within investment banks believe ethnic diversity can be improved with a focus on the recruitment process. The study uses grounded theory as a methodological approach to propel this equity, diversity, inclusion (EDI) research beyond the dominant understanding of the organizations. Furthermore, to collect data, semi-structured interviews were conducted with nine participants, of which seven of them had a foreign background. According to the findings of this paper, the perception of the industry is that there is a lack of ethnic diversity within the Swedish investment banking industry. Furthermore, the study found that the investment banker’s perceptions are that; there is a lack of relatable role models, a lack of relevant educational background among people with a foreign background, inequality regimes in the industry, and prevalent nepotism and network-based recruitment. The latter two reproduce ethnosociality, where the dominant group gets an advantage, and the minority gets excluded, in this case, people with a foreign background. Furthermore, when the interviewees were asked what may be done to increase ethnic diversity, they came up with ten different solutions, some of which contradicted one other and some concurring. This paper concludes that companies need to play an active role and take responsibility and put as much focus on ethnic diversity as gender diversity.
Denna uppsats syftar till att ge en inblick i hur anställda, med utländsk bakgrund, i investmentbanker i Sverige, uppfattar branschen med avseende på etnisk mångfald. Dessutom avser den att undersöka hur anställda inom investmentbanker tror att etnisk mångfald kan förbättras med ett fokus på rekryteringsprocessen. Studien använde grounded theory som ett metodologiskt tillvägagångssätt för att driva denna forskning om mångfald, rättvisa och inkludering bortom organisationernas dominant och rådande uppfattning. För att samla in data genomfördes semistrukturerade intervjuer med nio deltagare, varav sju hade en utländsk bakgrund. Enligt resultaten i denna uppsats är uppfattningen av branschen att det saknas etnisk mångfald inom investmentbankerna i Sverige. Dessutom fann studien att anställdas uppfattning är att; det saknas relaterbara förebilder, det är brist på relevant utbildningsbakgrund bland människor med utländsk bakgrund, det finns ojämlikhetsregimer i branschen och det finns en utbredd nepotism och nätverksbaserad rekrytering. De två sistnämnda anses reproducerar etnosocialitet, där den dominerande gruppen får en fördel och minoritetsgruppen utesluts, i detta fall människor med utländsk bakgrund. När intervjuobjekten tillfrågades om vad som kan göras för att förbättra etnisk mångfald, kom de fram till 10 olika förslag, både motstridiga och överensstämmande. Denna uppsats drar slutsatsen att företag måste spela en aktiv roll, ta ansvar och fokusera lika mycket på etnisk mångfald som på jämställdhet.

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Xu, Yue. "Impact of regualtion on the formation of entry strategy of multinational banks - a case of foreign investment into the Chineses banking industry." Thesis, Cranfield University, 2007. http://hdl.handle.net/1826/3445.

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The purpose of this thesis is to both explore and explain the formation of entry strategies of the multinational banks (MNBs) investing in the People's Republic of China. The research is driven by an interest in understanding the strategic behaviour of the MNBs as they are presented with huge investment opportunities but potentially higher risks caused by the market and regulatory structures. The study explains the differences in entry strategies of the MNBs and explores the causes of convergence in their entry behaviours. The study is grounded in the eclectic theoretical paradigm based on which a conceptual framework is developed to incorporate three enabling factors for the competitive advantages of the MNB in the local market. The three enabling factors are also termed the OLI framework with regard to ownership-specific advantages (0), location-specific advantages (L) and internalisation-specific advantages (1). Correspondingly, three areas of literature are focused on in this research, namely, the resource-based view, the institutional theory and internalisation theory. The research design consists of in-depth case studies of ten multinational banks. The cases are analysed based on strategic entry decisions in four dimensions, namely, the entry motive decision, the entry mode decision, the management control decision and the marketing orientation decision. The cases are explored by means of semi-structured interviews of thirty-five senior bank managers based in the local branch in Beijing and/or Shanghai in China. . Four patterns of strategic entry decision are identified through this research. Using pattern-matching techniques of analysis, the research provides evidence to support two research propositions; they are: i) the strategic entry decisions of the multinational banks in China are different. The differences are mainly attributed to the differences of the bank specific resources and the existing strategies of the parent banks; and ii) under the coercively imposed regulatory conditions and the underdeveloped market conditions, the strategic entry decisions of the multinational banks in China have tended to converge. This thesis contributes to existing theoretical, empirical and practice literature. It integrates multiple perspectives in applying the OLI framework. The developed OLI framework both explains and explores the formation of entry strategy of service multinationals. It emphasises the strategic behaviour of the MNB and provides insights to the MNB regarding how to integrate strategic entry decisions with operation and behaviour. It also provides the regulators with the way to assess the impact of regulation on competition structure.

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19

Xu, Yue. "Impact of regulation on the formation of entry strategy of multinational banks : a case of foreign investment into the Chineses banking industry." Thesis, Cranfield University, 2007. http://dspace.lib.cranfield.ac.uk/handle/1826/3445.

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The purpose of this thesis is to both explore and explain the formation of entry strategies of the multinational banks (MNBs) investing in the People's Republic of China. The research is driven by an interest in understanding the strategic behaviour of the MNBs as they are presented with huge investment opportunities but potentially higher risks caused by the market and regulatory structures. The study explains the differences in entry strategies of the MNBs and explores the causes of convergence in their entry behaviours. The study is grounded in the eclectic theoretical paradigm based on which a conceptual framework is developed to incorporate three enabling factors for the competitive advantages of the MNB in the local market. The three enabling factors are also termed the OLI framework with regard to ownership-specific advantages (0), location-specific advantages (L) and internalisation-specific advantages (1). Correspondingly, three areas of literature are focused on in this research, namely, the resource-based view, the institutional theory and internalisation theory. The research design consists of in-depth case studies of ten multinational banks. The cases are analysed based on strategic entry decisions in four dimensions, namely, the entry motive decision, the entry mode decision, the management control decision and the marketing orientation decision. The cases are explored by means of semi-structured interviews of thirty-five senior bank managers based in the local branch in Beijing and/or Shanghai in China. . Four patterns of strategic entry decision are identified through this research. Using pattern-matching techniques of analysis, the research provides evidence to support two research propositions; they are: i) the strategic entry decisions of the multinational banks in China are different. The differences are mainly attributed to the differences of the bank specific resources and the existing strategies of the parent banks; and ii) under the coercively imposed regulatory conditions and the underdeveloped market conditions, the strategic entry decisions of the multinational banks in China have tended to converge. This thesis contributes to existing theoretical, empirical and practice literature. It integrates multiple perspectives in applying the OLI framework. The developed OLI framework both explains and explores the formation of entry strategy of service multinationals. It emphasises the strategic behaviour of the MNB and provides insights to the MNB regarding how to integrate strategic entry decisions with operation and behaviour. It also provides the regulators with the way to assess the impact of regulation on competition structure.

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20

Durisin, Boris. "Global investment banking : competing on knowledge assests in the quest for competitive advantage /." Bamberg : Difo-Druck, 2001. http://aleph.unisg.ch/hsgscan/hm00151358.pdf.

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21

Knaese, Birgit. "Das Management von Know-how-Risiken : eine Analyse von Wissensverlusten im Investment Banking einer Großbank /." Wiesbaden : Dt. Univ.-Verl, 2004. http://www.gbv.de/dms/zbw/377384410.pdf.

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22

Eksteen, Lydia Katriana. "Designing and implementing a shared services model for Capricorn Investment Holdings, Namibia." Thesis, Stellenbosch : University of Stellenbosch, 2007. http://hdl.handle.net/10019.1/4870.

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Thesis (MBA (Business Management))--University of Stellenbosch, 2007.
ENGLISH ABSTRACT: This report presents a structured approach to design and implement a shared services model for Capricorn Investment Holdings (CIH), Namibia. Shared services are tactical by nature and aim to support the organisation's strategy. Shared services are the consolidation of support activities into a business unit which operates on business principles and focuses on value creation, and the leverage of the skills and knowledge in an organisation. The successful transformation to a shared services business unit requires the transformation of the employees (people), business processes, and technology. Without the required transformation shared services will remain "faddish-, and the organisation will not gain the full benefits associated with shared services. The banking operations under the CIH group, similar to the other banks in Namibia are under ever increasing pressure to reduce costs, improve service, develop and deliver high quality banking products. These issues are important to increase market share and profits in order to position themselves as leaders against both traditional and non-traditional competition. CIH group now has a perfect opportunity, with business in Botswana, Zambia and Namibia to build a shared services model suitable to its needs and also to support the group strategy to expand throughout Africa. Although geographically dispersed operations or transaction centres will not go the way of the dinosaur, companies must design and manage each support function according to the integrated and, when possible, standardised model. This framework should allow for necessary geographic, regulatory or cultural variations, while ensuring maximum control and management. It must also achieve economies of scale and leverage employee expertise. That is why CIH firstly started off, with the process blueprint project, which caters for standard processes, and will be rolled out to the rest of the banking business. Secondly, after completion of the process blueprint project, CIH is going to follow a component business approach in order to make the transition to a shared services model much easier. Component business models offer a proven approach to driving a specialised focus, both internally and externally. With this exercise, CIH will be in a position to identify both the core and non-core components of its banking business. This will enable the group to take an informed decision on which components to share and which should remain in the different business units. Thirdly, the group is going to redesign the supply chain. Especially with the shared services model, a much closer, deeper relationship with intermediaries and service companies should be built to ensure that the group move in a customer centricity way. The optimum relationship would be long-term cooperation, joint planning of sales strategy and operations, and shared knowledge in order to optimise business, develop innovative initiatives and continuously improve to consolidate market position. Further to this study, CIH is going to re-evaluate its value chain where the support activities in a single organisation are extended across organisations, multiple companies, divisions or business units to cater for its expansion strategy. Lastly CIH, with its approach to firstly sharing the IT structure, then business processes, still have a few critical decisions to make. The shared services centre involves finding and assessing service providers, determining geographies from which to source the services, like will it be Botswana, Zambia, Windhoek or South Africa? Other critical issues are developing contracts, defining service levels and a myriad of other tasks. Whichever road CIH chooses, successful implementation demands considerable front-end investment and cultural transformation. To clear these initial hurdles, the group, especially senior management, must be fully committed to significant change. Key to successful implementation is distinguishing between the types of services to share, developing service contracts, choosing shared services staff carefully, benchmarking the service against outside vendors, establishing a governance board and designing an implementation approach unique to the specific needs of the group. It is very important to ensure successful transformation of the shared services model, existing of all the projects currently running within the group. In order to do that the executive team should know that implementing shared services is not a simple process. The rollout and implementation will take time, at least one to two years. Finally, building a shared services model requires focusing on the internal clients. The solution is not a simple, quick fix, but calls for careful consideration and implementation of all the points made throughout the course of this research report, from strategy and design to governance and transparent metrics.
AFRIKAANSE OPSOMMING: Hierdie verslag stel 'n gestruktueerde benadering voor tot die ontwikkeling en implimentering van 'n gedeeldedienste-model vir Capricorn Investment Holding groep (CIH) Namibie. Gedeeldedienste is takties van aard en het ten doel om organisasie- struktuur te ondersteun. Die beginsel van gedeeldedienste impliseer die samevoeging van Ondersteuningsaktiwiteite en fokus op waarde ontsluiting en die hefboom van kennis en vaardighede binne die organisasie. Die sukses van transformasie na gedeeldedienste is afhanklik van die transformasie van die mense, prosesse en tegnologie in die organisasie. Sonder hierdie transformasie sal gedeeldedienste onsamehangend gelewer word en sal die organisasie nie die volle voordele daarvan geniet nie. Bankdienste binne die CIH groep, soos ook die geval is met ander handelsbanke in Namibie,is geduring onder toenemende druk om kostes te verlaag, dienslewering- standaarde te verhoog en bankprodukte van kwaliteit te voorsien. Hierdie aangeleenthede is belangrik om markaandeel te verhoog en wins te verseker, maar ook om die CIH groep te posisioneer as markleiers onder beide tradisionele en minder tradisionele rolspelers. Die CIH-groep is nou in 'n gunstige posisie met besigheid in Botswana, Zambie en Namibia, om 'n gedeeldedienstemodel daar te stel wat die groep se strategie vir uitbreiding in Afrika kan ondersteun. Alhoewel geografies wydverspreide operasies of dienspunte nie sal verdwyn nie, moet die onderskeie maatskapye ondersteuningsdienste ontwerp en bestuur volgens 'n geintegreerde en, waar moontlik, 'n gestandaardiseerde model. Hierdie raamwerk moet ruimte laat vir geografiese, wetlike en kulturele verskille terwyl dit effektiewe kontrole en bestuur moet verseker. Dit moet ook aan die beginsel van skaalekonomiee voldoen en moet die optimale benutting van vaardighede van personeel verseker. Om hierdie rede het CIH 'n projek geloots, Proses Witskrif, wat die standaard prosesse verval. Hierdie projek sal uiteindelik ook die res van die prosesse in die bank se besigheid insluit. Na voltooiing van die Proses Witskrif projek sal CIH 'n benadering volg van besigheid in komponente om sodoende die transformasie na 'n gedeeldedienste-model te vergemaklik. Die model van besigheid in komponente bied 'n beproefde benadering tot die implimentering van 'n gespesialiseerde fokus, beide intern en ekstern. CIH sal met die implimentering van hierdie projek beide kern en nie-kern komponente van die bank se besigheid kan identifiseer. Dit sal die groep in staat stel om ingeligte besluite te neem oor watter komponente gedeel behoort te word, en oor watter komponente in die verskillende besigheidseenhede moet bly. Hierna kan die groep die verskaffingsketting herontwerp. Om te verseker dat die groep sake doen in 'n klientgesentreerde manier, veral met die gesentreerdedienste-model moet hegter verhoudings met tussengangers en diensverskaffers gesmee word. Die ideale verhouding is een van langtermyn samewerking, gesamentlike beplanning van verkoopstrategiee, die implementeering van operasies, en 'n gedeelde poel van kennis om sodoende operasies, ontwikkeling van innoverende voorstelle en deurlopende verbetering van markaandeel te bewerkstellig. Vervolgens gaan CIH sy waardeketting herevalueer waar ondersteuningsaktiwiteite in die groep oor die grense van organisasie, maatskappye, afdelings of besigheids- eenhede strek om sodoende te beantwoord aan sy uitbreidingstrategie. Laastens sal CIH met 'n benadering van gedeelde tegnologiese platvorms en besigheidprosesse nog 'n paar kritieke besluite moet neem. Die gedeeldedienste-sentrum moet geskikte diens- verskaffers identifiseer en beoordeel, of dit in Botswana, Zambia, Namibie of Suid Afrika moet wees. Verdere uitdagings is die ontwikkeling van kontrakte en definiering van diensleweringstandaarde asook ander aspekte. Afgesien van watter rigting die groep mag inslaan, sal suksesvolle implementering 'n relatiewe hoe aanvanklike beleggings- en kulturele-transformasie verg. Ten einde hierdie aanvanklike hindernisse te oorkom, moet die groep, veral senior bestuur, ten volle toegewyd wees aan groot verandering. Die sleutel van suksesvolle implementering le in die vermoe om te bepaal watter dienste gedeel moet word, watter standaarde van diensleweringooreenkomste te ontwikkel, personeel wat gedeelde dienste moet lewer noukeuring te kies, dienslewering te meet aan standaarde van eksterne verskaffers, 'n beheerliggqaam te vestig en 'n benadering tot implementering te ontwerp wat die spesifieke behoeftes van die groep kan vervul. Dit is belangrik om te verseker dat suksesvolle transformasie van die gedeeldedienste-model alle bestaande projekte kan akkomodeer. Die kompleksiteit hiervan moet nie deur senior bestuur onderskat word nie. Die ontwerp en implimentering kan een tot twee jaar neem. Dit verg verder 'n deurlopende benadering van fokus op interne kliente. 'n Oplossing verg deeglike oorweging en implimentering van alle aspekte wat tydens die navorsing na vore gekom het. Dit sluit strategie en ontwerp in om sodoende deursigtige beheer te verseker.

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23

Tong, Daochi. "The heart of economic reform China's banking reform and state enterprise restructuring /." Santa Monica, CA : RAND, 1999. http://catalog.hathitrust.org/api/volumes/oclc/43291239.html.

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24

Zhang, Dongmei. "Customer switching behaviour in the Chinese retail banking industry." Lincoln University, 2009. http://hdl.handle.net/10182/1789.

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With the intense competition and increasing globalization in the financial markets, bank management must develop customer-oriented strategies in order to compete successfully in the competitive retail banking environment. The longer a bank can retain a customer, the greater revenue and cost savings from that customer. However, customers are also more prone to changing their banking behaviour when they can purchase nearly identical financial products provided by the retail banks. In order to stay competitive, bank managers need to understand the factors that influence and determine consumer’s bank switching behaviour. With China's accession to the World Trade Organization (WTO), their financial services market was liberalized and deregulated. As a result, customers have a greater choice between domestic and foreign banks. Furthermore, the emergence of the internet allows customers to access financial products without limitation, and increases the Chinese retail banks’ ability to prevent customers’ switching banks. This study identifies and analyses the factors that influence bank customers’ switching behaviour in the Chinese retail banking industry. The findings reveal that Price, Reputation, Service Quality, Effective Advertising, Involuntary Switching, Distance, and Switching Costs have an impact on customers’ bank switching behaviour. The results also reveal that the Young Age and High Income Groups are more likely to switch banks. In general, the results of this research allow service marketers and practitioners to develop and implement services marketing strategies to decrease customer defection rates, and in turn, increase bank profits. Furthermore, this research provides useful information for future researchers who study switching-behaviour in the banking industry.

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25

El, Bernoussi Khalid. "Stabilité financière des banques et régulation." Thesis, Paris 2, 2011. http://www.theses.fr/2011PA020057.

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Les banques sont des institutions à part, car elles sont au coeur du fonctionnement des économies et de la dynamique de croissance des pays. Leurs services représentent de ce fait un bien public, et il est donc primordial de les maintenir éloignées autant que possible du risque de faillite. Toutefois, des crises bancaires surviennent régulièrement et affectent les sociétés, souvent de manière durable et profonde, à l’image de la crise financière des subprimes qui a éclaté en 2007, et dont nous ne connaissons pas encore toutes les conséquences désastreuses. Pour prévenir le risque de faillite et de crises bancaires, les autorités de régulation nationales ont développé des filets de sécurité qui, en partie, suivent les standards internationaux de réglementation et de supervision bancaire développés par le Comité de Bâle sur le contrôle bancaire, sous l’égide de la Banque des Règlements Internationaux. Cependant, les crises récurrentes se produisent et nous montrent les limites de la régulation bancaire et, surtout, nous indiquent que celle-ci doit être en permanence revue et adaptée, de façon dynamique, à l’évolution des systèmes bancaires et de l’innovation financière. L’un des principaux objectifs est de s’assurer que les banques soient suffisamment et solidement capitalisées pour faire face à des pertes exceptionnelles inattendues. Par ailleurs, il est primordial, afin d’assurer une stabilité financière durable, que les superviseurs bancaires soient à même de contrôler efficacement les banques et d’entreprendre les actions nécessaires pour que ces dernières demeurent à des niveaux de risques engagés raisonnables et qui ne menacent ni leur solvabilité, ni celle de l’ensemble du système bancaire. Enfin, les banques sont censées être régulées par le marché (discipline de marché), sur la base des informations qu’elles sont tenues de divulguer publiquement, sur leur santé financière. Dans ces politiques de régulation bancaire et de prévention du risque de crise, il ne faut pas oublier le rôle de l’assureur dépôt, à qui certains économistes et instances internationales veulent prêter de plus en plus de pouvoir sur les banques. Nous montrons dans notre travail de thèse, à travers des analyses empiriques menées sur des données contemporaines, les insuffisances des politiques de régulation et de supervision bancaire, les erreurs commises dans l’approche de la régulation bancaire, et nous présentons les aspects qu’il serait souhaitable de prendre en compte, pour approcher une politique de réglementation et de supervision bancaire plus efficace, et dynamique, dans l’objectif de maintien de la stabilité bancaire. Nous avançons notamment qu’il est nécessaire de mieux prendre en compte la nature de l’activité des différents types d’institutions financières qui composent les systèmes bancaires, et dont la nature et le degré d’exposition aux risques ne sont pas les mêmes. Il est également important de considérer les caractéristiques de l’environnement institutionnel dans lequel évoluent les banques, de manière à développer une structure de supervision adaptée et efficace. En définitive, nous étudions dans cette thèse un large ensemble de déterminants économiques et institutionnels, susceptibles d’impacter la stabilité bancaire, de manière à identifier celles des politiques de régulation qu’il s’agirait de mettre en oeuvre, afin d’assurer dans l’avenir un meilleur maintien de la stabilité financière des banques
Banks are special institutions because they are central to the functioning of economies and to economic growth. Their services represent a public good. Therefore, it is essential to keep them as far as possible from risk of bankruptcy. However, banking crises occur regularly and affect societies, often dramatically and over a long period, like the current subprime financial crisis which burst into 2007, and which consequences are still not very well perceived. To prevent the risk of bankruptcy and banking crisis, the national authorities of regulation have developed safety nets. These follow partially the international standards of regulation and banking supervision developed by the Basel Committee on Banking Supervision under the aegis of the Bank for International Settlements. However, recurrent crises occur and show us the limits of the banking regulation and, especially, indicate that the latter should be continually revised and adapted to the evolution of banking systems and financial innovations. One of the main goals is to make sure that banks are enough capitalized to face unexpected large losses. In order to achieve long-lasting financial stability, it is essential that banking supervisors can monitor efficiently banks. By doing so, the risk taken by banks would be sustainable and would not threaten either their own solvency or the whole banking system solvency. Finally, banks are supposed to be regulated by the market (market discipline) on the basis of information about their financial health which should be disclosed publicly. Along the policies of banking regulation and crisis risk prevention, one should not forget the role of the deposit insurers. Indeed, some economists and international authorities want to attribute more power over banks to deposit insurers. In our research, the empirical analysis, based on contemporary data, show the weakness of the actual regulation and banking supervision policies and the mistakes in banking regulation. Different features of the banking system that should be taken into account for an efficient implementation of regulation and banking supervision policies are also discussed in this work. Hence, we suggest that the type of financial institutions' activities should be better taken into account as it changes with the degree of risk exposure. We also find that it is important to consider the characteristics of the institutional environment in which banks evolve in order to develop a suitable and efficient supervision agency. To summarize, we study in this thesis a large range of economic and institutional determinants of the banking system, which are likely to affect the banking stability. By doing so, we are able to identify the regulation policies which would be the most likely to preserve the financial stability of banks

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26

Bermpei, Theodora. "The impact of risk, fees, corporate governance and unconventional monetary policy on investment bank performance." Thesis, University of Sussex, 2016. http://sro.sussex.ac.uk/id/eprint/60869/.

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This thesis examines the effect of bank-specific variables on investment bank performance, as estimated by efficiency and financial indicators, in the G7 and Switzerland countries, over the 1997-2012 period. Moreover, we investigate the impact of expansionary monetary policies on the risk-taking of investment banks between 2007 and 2014. Firstly, we investigate the impact of risk, liquidity and fee-based income on cost efficiency prior to and during the crisis. Then, we examine the presence of possible threshold effects of bank-specific variables on performance (cost efficiency). Moreover, we investigate whether there is difference between the impact of liquidity on the performance of stand-alone investment banks and on investment banks that belong to a larger banking entity. Secondly, we assess the impact of corporate governance on the performance (profitability and profit efficiency) of the US investment banks. We focus on five different categories of governance measures: i) board structure, ii) executive compensation, iii) ownership, iv) CEO power and v) operational complexity. We put emphasis on the impact of board size and board ownership on performance by examining for threshold effects of these variables. Thirdly, we examine the impact of M&A advisory fees on bank performance, as estimated by technical inefficiency, using a methodology that includes as an undesirable output the bank-individual level of risk. Then we test the level of convergence in terms of M&A advisory fees and technical inefficiency of investment banks in the G7 and Switzerland prior to (1997-2007) during (2007-2010) and after the financial crisis (2010-2012). Fourthly, we study the effect of unconventional monetary policies (UMPs) on the risk-taking of investment banks in the US over the 2007-2014 period. We employ a number of alternative proxies that capture both directly UMPs: i) central bank's assets over gross domestic product ratio ii) monetary aggregates iii) Taylor gap; and indirectly through the usage of low-interest rates: i) federal fund rate and ii) shadow short rate. Finally, we provide conclusions together with limitations of this research and a plan for a future work.

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27

Beznos, Luiz Bueno. "Liability of foreignness in banking sales and trading business." reponame:Repositório Institucional do FGV, 2018. http://hdl.handle.net/10438/24430.

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International management literature arguments that foreign firms operate under Liability of Foreignness (LOF). Several previous studies looked at LOF in banks, with contradictory results. Our study however is focused exclusively in the business of Sales and Trading of investment banks. We hypothesize this holds true for this business of investment banks, as the disadvantages of foreignness will be greater than advantages such as access to global markets. We looked at profitability for 87 domestic and foreign investment banks in Brazil for 27 quarters, using Pooled OLS as our statistical model. We found that there is indeed liability of foreignness. Testing characteristics that might mitigate LOF, we found that the smaller psychic distance and large home country economy can have a positive effect in foreign banks profitability. Surprisingly, experience does not appear to have a mitigating effect on LOF.
A literatura de administração internacional argumenta que empresas estrangeiras operam sob Liability of Foreignness (LOF). Vários estudos prévios abordaram LOF em bancos, com resultados contraditórios. Nosso estudo, entretanto foca exclusivamente na linha de negócios de Sales and Trading de bancos de investimento. Nossa hipótese central é de que existe LOF nesta linha de negócio dos bancos de investimento, e que as desevantagens de ser estrangeiro serão maiores que as vantagens. Nós analisamos a lucratividade de 87 bancos locais e estrangeiros no Brasil por 27 trimestres, usando Painel Empilhado como metodologia estatística. Os resultados indicam que realmente há LOF. Testando características mitigadoras deste LOF, encontramos indicativos que menor distância psíquica e maior economia no país sede podem ter um efeito positivo na lucratividade de bancos de investimento estrangeiros. Surpreendentemente, experiência não parece ter um efeito mitigador sobre LOF.

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Phung, Giang. "Essays on banks in the emerging and transition economy of Vietnam." Thesis, Paris 1, 2019. http://www.theses.fr/2019PA01E030.

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La crise financière mondiale de 2008 a mis en évidence l'échec de la réglementation bancaire traditionnelle et contraint les pays en voie de développement à renforcer les réglementations existantes et à rechercher de nouveaux moyens de stabiliser les banques. En particulier, il est devenu évident que les réglementations prudentielles classiques peuvent être plus efficaces si elles sont complétées, par exemple, par une bonne gouvernance d'entreprise, une discipline de marché et des procédures efficaces pour le traitement des banques en faillite par le régulateur. Dans cette thèse, nous essayons d'identifier l'efficacité de ces différentes dimensions de la réglementation bancaire pour le cas particulièrement intéressant du Vietnam. Après la décision de réforme du gouvernement (« doi moi ») en 1986, le pays a réussi à privatiser progressivement différents secteurs de l’économie, notamment la banque et la finance, ce qui a permis une économie plus prospère et de meilleures conditions de vie. Cependant, il est possible d'identifier certains problèmes dans le secteur financier qui risquent de ralentir la croissance économique. Si le Vietnam veut continuer à croître et à rattraper les économies plus développées, il est essentiel de comprendre les causes profondes de ces problèmes et de les résoudre avec une meilleure réglementation financière. Nous pensons que nos résultats seront un pas dans cette direction. Nous pensons également que nos résultats sont transférables à d'autres pays émergents et en transition. Plus généralement, le Vietnam peut également être utilisé comme laboratoire pour mieux comprendre les mécanismes économiques existant dans les pays développés
The global financial crisis in 2008 has highlighted the failure of traditional banking regulations and forced developing countries not only to reinforce existing regulations but also to search for new ways of stabilizing banks. In particular, it became evident that classical prudential regulations can be more efficient if it is complemented for example by good corporate governance, market discipline and efficient procedures for the handling of failed banks by the regulator. In this thesis, we try to identify the efficiency of these different dimensions of bank regulations for the particularly interesting case of Vietnam. After the government’s decision of reform (“doi moi”) in 1986, the country has succeeded in the gradual privatization of different economic sectors, including banking and finance, leading to a more prosperous economy and better living conditions. However, when looking closer at this process, it is possible to identify a number of problems in the financial sector that threaten to slow down economic growth. If Vietnam is to keep growing and catch up with more developed economies, it is essential to understand the root causes of these problems and address them with better financial regulations. We believe that our results will be a step in this direction. We also think that many of our insights should be transferrable to other emerging and transition countries. More generally, Vietnam can also be used as a laboratory to better understand the economic mechanisms that exist in developed countries

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Wezel, Torsten. "Determinants of foreign direct investment in emerging markets : an empirical study of FDI flows from Germany and its banking sector /." Frankfurt am Main [u.a.] : Lang, 2005. http://www.loc.gov/catdir/toc/fy054/2005040754.html.

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30

Bergling, Oscar, and Hampus Lundin. "Är storbankernas dominans förbi? : Digitaliseringens hot mot storbankerna." Thesis, Linköpings universitet, Institutionen för ekonomisk och industriell utveckling, 2021. http://urn.kb.se/resolve?urn=urn:nbn:se:liu:diva-177806.

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Bakgrund: Digitaliseringen har transformerat bankmarknaden. Denna förändring har öppnat upp möjligheter för nya aktörer att konkurrera på marknaden. Detta har även lett till att fler kunder väljer att genomföra bankbyten eller komplettera med ytterligare bank/banker. Sparande har även ökat markant bland Sveriges privatpersoner de senaste 20 åren, vilket gör att det är en stor och viktig marknad för bankerna att fokusera på. Storbankerna har däremot förlorat marknadsandelar inom sparande till fördel för internetbankerna. Utvecklingen av bankmarknaden kan därför innebära att storbankernas dominans kan vara förbi. Syfte: Uppsatsen syftar till att undersöka hur storbanker kan bli mer konkurrenskraftiga inom placeringar gentemot internetbanker. Detta då digitaliseringen har förändrat sparmarknaden syftar uppsatsen även till att se hur privatpersoners sparbeteende har förändrats. Metod: För studien har en kvalitativ metod använts i form av semistrukturerade intervjuer samt dokumentstudie. Studien har utgått ifrån en deduktiv ansats, då intervjuerna har analyserat utifrån teorierna i referensramen. Detta för att besvara studiens syfte och frågeställningar. Slutsats: Storbanker kan bli mer konkurrenskraftiga genom att förbättra sina digitala lösningar, arbeta mer proaktivt samt applicera mer agila affärssystem. Studiens resultat visar även på att digitaliseringen har haft en stor inverkan på privatpersoners sätt att placera. Fler personer har genom digitaliseringen fått möjlighet till att kunna investera och intresset har vuxit markant. Fler personer idag är även mer riskbenägna än tidigare på grund av den goda börsutvecklingen de senaste 10 åren. Nyckelord: Digitalisering, Storbank, Internetbank, Konkurrenskraft, Kundnöjdhet, Placering
Title: Is the time of the major banks over? - The threat of digitalization for the major banks. Background: Digitization has transformed the banking market. This change has created opportunities for new players to compete in the market. This has also led to more customers choosing to carry out bank changes or supplement with additional bank / banks. Savings have also increased significantly among private individuals in Sweden over the past 20 years, which means that it is a large and important market for banks to focus on. The major banks, on the other hand, have lost market shares in savings in favor of the internet banks. The development of the banking market may therefore mean that the dominance of the major banks may be over. Purpose: The thesis aims to investigate how large banks can become more competitive in investments against internet banks. As digitalization has changed the savings market, the thesis also aims to see how private individuals' savings behavior has changed. Method: For the study, a qualitative method has been used in the form of semi- structured interviews and document study. The study has been based on a deductive approach, as the interviews have been analyzed based on the theories in the frame of reference. This is to answer the study's purpose and questions. Conclusion: Major banks can become more competitive by improving their digital solutions, working more proactively and applying more agile business systems. The results of the study also show that digitalization has had a major impact on the way individuals invest. Through digitalization, more people have got the opportunity to invest and the interest in investments has grown significantly. More people today are also more risk-averse than before due to the good stock market development over the past 10 years. Keywords: Digitization, Major Banks, Internet Banking, Competitiveness, Customer Satisfaction, Investment

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Pryce, Patricia. "Banking on a level playing field : the role of social capital in the promotion process to MD in a major investment bank : is it different for women?" Thesis, Cranfield University, 2013. http://dspace.lib.cranfield.ac.uk/handle/1826/8271.

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This thesis analyses individual experiences of the promotion process to Managing Director within a global bank to identify the contribution made by social capital. Using Nahapiet and Ghoshal’s (1998) three-dimension framework as the theoretical lens, the thesis extends social capital research beyond its largely quantitative focus on network analysis (structural dimension) to understand more clearly the relative importance and impact of the relational and cognitive dimensions. Semi-structured interviews were conducted with 34 men and women in an investment bank and a template-based analysis of their accounts was made. The findings make visible, the invisible mechanisms which enable or constrain the creation, development and use of social capital and, therefore, its contribution to securing the position of Managing Director. The findings highlight the need to consider the importance of agency, relationship level and gender in this context. The study makes three key contributions. First, it extends Nahapiet and Ghoshal’s (1998) theory of social capital, in the context of career progression, by demonstrating how each social capital dimension is operationalized and interdependent. Second, the research explicitly demonstrates the crucial role social capital plays in an executive-level promotion process, thereby revealing a complex and multi-layered system. Third, the study extends our knowledge of the gendered nature of senior-level career progression by identifying the particular barriers women face, compared to men, in their efficacious use of social capital for promotion in a global bank.

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Pakhomova, Nataliya. "Essays in banking and corporate finance." Thesis, Aix-Marseille, 2013. http://www.theses.fr/2013AIXM1090.

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Cette thèse est composée de 3 essais. Le 1er essai traite de la problématique du risque de pertes extrêmes dans le secteur bancaire dans un contexte du problème d'agence entre les actionnaires et les top managers des banques. Pour pouvoir inciter les banques à ne pas prendre le risque de pertes extrêmes, il est proposé d'appliquer la régulation des fonds propres sous forme d'une politique de recapitalisations obligatoires, dont les paramètres sont choisis pour inciter les actionnaires à rémunérer leurs managers de la manière à les détourner des stratégies au risque de pertes extrêmes.Le 2ème essai développe le design de la supervision bancaire qui vise à éliminer le problème d'aléa moral au sein d'une banque, tout en assurant un coût minimum de supervisions. Les banques, dont la situation financière commence à se dégrader, doivent être soumises à des audits aléatoires. Les banques, dont la valeur de l'actif s'est dégradée considérablement, doivent être mises sous tutelle pour un redressement financier. Les auditeurs externes peuvent être impliqués dans le processus de supervision, mais ne doivent pas complètement remplacer les régulateurs. Le 3ème essai étudie comment la capacité d'emprunt de l'entreprise non-financière affecte sa politique d'investissement en présence des coûts d'émission de la dette. Il est montré que les entreprises, dont la capacité d'emprunt est moyenne, ont intérêt à réaliser un investissement plus important par rapport aux entreprises dont la capacité d'emprunt est relativement faible/forte. Cela est entièrement dû à l'effet des coûts fixes d'émission de la dette, qui émerge dans le contexte dynamique d'investissement
This dissertation consists of 3 self-contained theoretical essays.Essay 1 brings into focus the problem of "manufacturing" tail risk in the banking sector. This work shows that, in order to prevent banks from engaging in tail risk, bank capital regulation should account for the internal agency problem between bank shareholders and bank top managers. It is proposed to design bank capital requirements in the form of incentive-based recapitalization mechanism which would induce bank shareholders to shape executive compensation in such a way as to prevent top managers from engaging in tail-risk.Essay 2 deals with the problem of moral hazard in bank asset management. It proposes the concept of incentive-based bank supervision aimed at preventing moral hazard at a minimum cost to the regulator. It is shown that the intensity of supervision efforts should be gradually adjusted to the bank's financial health: banks in the mild form of distress should be subject to random audits, whereas deeply distressed banks should be placed under temporary regulatory control. To prevent double moral hazard, external auditors involved in supervision should be offered the optimal incentive contract.Essay 3 examines the impact of credit rationing (debt capacity) on corporate investment in the setting with costly debt financing. It is shown that, when credit constraints are binding, the firms with intermediate levels of debt capacity will establish larger investment projects than the firms with relatively low or high debt capacity. This non-monotonicity of investment on debt capacity arises due to the effect of the lump-sum debt issuance costs in the dynamic context of investment

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Alves, Caio Zarino Jorge. "A topologia dos bancos de investimento no Brasil: primazia urbana e formação do complexo corporativo metropolitano de São Paulo." Universidade de São Paulo, 2015. http://www.teses.usp.br/teses/disponiveis/8/8136/tde-05082015-115933/.

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A presente dissertação tem por objetivo central investigar a lógica de funcionamento e de localização dos bancos de investimento no território brasileiro. Esta lógica possui determinações mais gerais ligadas ao capitalismo dirigido pelas finanças e é também um reflexo da atual restruturação urbana, caracterizada pela concomitância entre os processos de dispersão territorial de unidades produtivas (que trabalham com informações padronizadas) e de intensa concentração dos serviços especializados avançados (que coletam, interpretam e produzem informações complexas e instáveis). A partir destes pressupostos, analisamos a mudança qualitativa no uso financeiro do território brasileiro por meio da topologia dos bancos de investimento entre os anos de 1966 e 2013, dando destaque a ação recente de duas instituições deste tipo: o BR Partners e o BES Investimento do Brasil. A desregulamentação financeira, articulada ao incremento da fluidez imaterial do território, está no cerne da passagem de uma topologia mais regionalizada para outra mais verticalizada dos bancos de investimento, topologia que aumentou a primazia da cidade de São Paulo na rede urbana brasileira. Como corolário desse processo vê-se, na esfera da estrutura urbana de São Paulo, uma expansão do Complexo Corporativo da Metrópole, fundado agora em novas centralidades, cada vez mais intensivas em técnica, ciência e informação em seu ambiente construído.
The main objective of this master\'s thesis is to research on the logic behind operation and location of investment banks in Brazil. This logic has more general determinations related to finance-led capitalism and is also a reflection of contemporary urban restructuring, characterized by the coincidence between the processes of territorial dispersion of production units (which works with standardized information) and intense concentration of advanced specialized services (which collect, interpret, and produce complex and unstable information). From these assumptions, we analyze the qualitative change in the financial use of Brazilian territory through the topology of investment banks from 1966 to 2013, highlighting the recent action of two institutions: BR Partners and BES Investimento do Brasil. Financial deregulation, hinged to increased immaterial fluidity of territory, is at the heart of the passage of a more regionalized topology to a more vertical one of investment banks, a topology that increased the primacy of the city of São Paulo in the Brazilian urban network. As a corollary of this process in the sphere of urban structure of São Paulo, an expansion of the Metropolitan Corporate Complex can be observed. It is now established in new centralities, increasingly intensive in technique, science and information in its built environment.

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34

Jedlička, Václav. "Dopady legislativy na změnu informačního systému banky." Master's thesis, Vysoká škola ekonomická v Praze, 2012. http://www.nusl.cz/ntk/nusl-165119.

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This diploma thesis deals with the impact of legislation on information system in a particular bank institution. Based on the proposal of European Market Infrastructure Regulation it identifies areas where the bank institution does not fulfill the regulation requirements. The thesis also tries to suggest existing processes adjustment and guarantee for them the support of information systems. During the existing processes investigation it discovers other weaknesses and suggests solutions leading to their elimination. These solutions would also lead to acceleration and increase in efficiency within the Straightthrough Processing model. The thesis devotes to all points of European regulation which should be fulfilled in the bank institution's point of view. First the current situation and then the solution of the particular point are mentioned. The thesis looks more detailed into central clearing. There are analyzed possible options in the process point of view. The impacts on the information system are specified for the chosen and most appropriate option. In order to secure the compact understanding of investigated issues, the thesis includes relations of European Market Infrastructure Regulation to the BASEL III concept, regulation supervision authorities in the European Union or introduction to functioning and core of financial derivatives.

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Gao, Ya. "Two Essays on Mergers and Acquisitions." University of Cincinnati / OhioLINK, 2017. http://rave.ohiolink.edu/etdc/view?acc_num=ucin1505209910494279.

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36

Mukora, Noreen C. "South Africa's Bank licencing prequirements in light of its banking sector liberalisation commitments under the general agreement on trade in services : a legal perspective." Diss., University of Pretoria, 2014. http://hdl.handle.net/2263/43669.

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37

Holiš, Jakub. "Analýza Morgan Stanley v průběhu finanční krize." Master's thesis, Vysoká škola ekonomická v Praze, 2009. http://www.nusl.cz/ntk/nusl-15471.

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The main task of the diploma thesis is an analysis of financial performance and position of Morgan Stanley during several successive periods before and during the subprime financial crisis. Through the analysis of trends in key items, it also demonstrates strong cyclicality of financial performance and position of the investment bank. The first chapter deals with history and key divisions of the Company. The following chapter generally discusses selected phenomena, which, as per the author's view, significantly influenced industry-wide record-breaking performance during the period before the subprime crisis, and which substantially determined Morgan Stanley's risk profile and performance's corrections later during the Crisis. The core part of the Thesis is conceived as an analysis of financial performance and position of Morgan Stanley during the selected periods. The analysis of pre-crisis period until 2006 in the third chapter demonstrates growth of activities lying behind the unprecedented profitability of the Institution. The following fourth chapter analyzes deteriorating financial performance during the subprime crisis and indicates crucial strategy changes, implemented by the Company at the end of 2008. Effects of the strategic changes and challenges of the future development of the Institution are discussed in the last chapter. Additionally, the Thesis includes annexes, which further deal with selected topics and their general relations to investments banks and two annexes which compare Morgan Stanley with its nearest peers during specific periods.

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38

Sungho, Choi. "Three essays in banking and finance." Full text available, 2005. http://images.lib.monash.edu.au/ts/theses/sungho.pdf.

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39

Chen, Qing. "An Empirical analysis of the effects of market response to bank loan announcements in the Hong Kong stock market." Diss., Lincoln University, 2009. http://hdl.handle.net/10182/1205.

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This study will validate several key results from previous studies of bank loan announcement effects by using the data from Hong Kong market following the 1997 Asian crisis. Banks are believed to play a unique role in financial market which could effectively reduce the problem of information asymmetry and moral hazard. Banks could access borrowers’ inside information which is not available to other participants. Thus bank loan announcements convey valuable information to the market, and market response of the stock price should be positive. However, because of the significant reform in both financial market and information market, the valuation of bank loan announcement conveyed need to be reconsidered. This study investigates whether banks are still “unique” in the financial market or whether they are like middlemen between borrowers and investors. Data used in this study is collected from the Hong Kong Stock Exchange Index, and a standard event study with the market model is applied in the research to conduct the empirical analysis. The results suggest bank loan announcements are associated with significantly higher positive abnormal returns than non-bank loan announcements. Based on the market model of event study, market response is found to be significantly positive for loan syndication, short maturity loan and borrower’s debt ratio, and negatively related to firm size and loan size. Bank loans with refinancing and capital expenditure and no specific purpose have significantly higher positive abnormal returns, and borrowers with property and industrial industry type have more significant positive abnormal returns compared to other industry type. The findings also suggest the Hong Kong stock market is efficient in both strong and semi-strong form for bank loan announcements. A strong evidence of information leakage problem is found for non-bank loan announcements. The results are generally consistent with the existing literature.

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40

Schulz, Jorg. "An historical analysis of the market-entry of non-bank competitors into the retail banking markets in the USA and Germany between 1980 and 1990, and of the investments made by banks in information technology : a search for a hypothesis about causation." Thesis, University of Edinburgh, 1993. http://hdl.handle.net/1842/20771.

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Throughout the 1980s, information technology gained increasing importance within commercial banks. There have also been turbulent competitive developments in the retail banking market caused by non-banks making inroads into traditional banking business. This research examines whether there is a direct correlation between significant changes in the market environment of commercial banks and significant changes in the banks' information technology strategy. The research develops an understanding of this complex relationship in two distinct retail banking markets, the USA and Germany, and in two steps. The first is a thorough literature analysis of the factors influencing the model, the market-entries of selected non-bank competitors, and banks' general strategic response. The second is a qualitative research on the banks' strategic response, in particular in terms of information technology. The change of the IT strategy is measured by the investments made by banks in information technology. The research finds that commercial banks responded with a time lag of 1 to 1.5 years to market-entries of a substantial competitive and strategic scale. They spent more than twenty percent of their information technology budget devoted to information technology investments in the retail banking function of their institution, to respond to the market-entry. Thus, a direct correlation seems to exist.

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Ozturk, Huseyin. "Three essays in Turkish banking : development banks, Islamic banks and commercial banks." Thesis, University of Leicester, 2015. http://hdl.handle.net/2381/31399.

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This thesis is composed of three empirical chapters each of which examines separate segments of Turkish banking system from different perspectives. First empirical chapter investigates regional loan distribution of development banks. The findings in this chapter suggest that political connection has played a significant role in development lending. There is also geographical bias which leads to higher volumes of loans in the regions close to the capital city. Second empirical chapter examines Islamic banks and compares them with conventional banks in terms of profitability and competition grounds. The results reveal that Islamic banks earn more returns with respect to conventional banks. The results also suggest that the regulatory changes of the last decade improve market power of these banks. The last empirical chapter investigates micro structure of Repo and Reverse Repo Market of Turkey in which only commercial banks can transact. This chapter initially presents the network topologies of this market that helps one to understand the characteristics of complex network in this market. This chapter then computes a connectivity measure and investigates the drivers of connectivity out of domestic and external factors. Although results provide very rich insights, external factors dominate the behaviour of network in this market.

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42

Sáez, Marcos. "Vertrauen in der Anlageberatung von Banken aus Sicht der ökonomischen Ethik." Doctoral thesis, Saechsische Landesbibliothek- Staats- und Universitaetsbibliothek Dresden, 2012. http://nbn-resolving.de/urn:nbn:de:bsz:14-qucosa-86693.

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Anlageberatung ist eine Form der Kooperation zwischen Banken und Kunden, für deren Funktionieren das Vertrauen der Kunden eine wichtige Grundlage darstellt. Geht Vertrauen verloren, wird die Realisierbarkeit von wechselseitig vorteilhaften und gesellschaftlich erwünschten Kooperationen gefährdet. In der Tat haben Banken in vielen Fällen durch ihr Verhalten gegenüber Privatkunden das Vertrauen in sich und die eigene Anlageberatung gemindert. Die vorliegende Dissertation modelliert den Prozess von Vertrauenswürdigkeit der Banken und ihrer Determinanten über die Vermittlung der Vertrauenswürdigkeit und Wahrnehmung bei Bankkunden bis hin zur Bildung von Vertrauen und seinem Einfluss auf die Kooperationsbereitschaft der Kunden. Ausgehend von diesem Modell werden Friktionen als empirische Bedingungen identifiziert und analysiert, die Banken von Investitionen in den Vermögenswert Vertrauenswürdigkeit bzw. von vertrauenswürdigem Verhalten abhalten. Aus den aus der Analyse gewonnenen Erkenntnissen werden Kriterien für angemessene Lösungsmechanismen abgeleitet. Ansätze aus dem Anlegerschutz- und Funktionsverbesserungsgesetz 2011 werden darauf aufbauend bewertet und Verbesserungsvorschläge abgeleitet.

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Venturin, Gianfrancesco Teribele. "Internacionalização do Banco do Brasil: um estudo de caso dos fatores motivadores para aquisição do Eurobank." Universidade do Vale do Rio dos Sinos, 2015. http://www.repositorio.jesuita.org.br/handle/UNISINOS/4576.

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Os anos recentes presenciaram uma grande onda de fusões e aquisições no sistema financeiro, motivadas por fatores diversos como: expansão para novos mercados, diversificação de fontes de receita e até mesmo, por oportunidades de negócios decorrentes de crises financeiras. Neste cenário, optou-se por analisar quais foram os fatores determinantes no movimento de internacionalização do Banco do Brasil, quando de sua entrada como banco de varejo com atuação local nos Estados Unidos, através da aquisição do Eurobank. Tal estudo adquire relevância quando considerado o histórico incremental de internacionalização do Banco do Brasil, com movimentos normalmente convergentes com a Escola de Uppsala e o modelo comportamental, o que cria um contraponto com a operação de investimento estrangeiro direto, cujo suporte teórico reside no modelo econômico. Esta dissertação é um estudo de caso qualitativo, do tipo descritivo, aplicado ao Banco do Brasil S.A. no contexto da aquisição do Eurobank no estado da Flórida, nos Estados Unidos, com sua posterior transformação em Banco do Brasil Americas. Como método de investigação, a coleta de dados foi feita por meio de múltiplas fontes de evidência como: entrevistas com gestores de alto nível estratégico e da direção do Banco do Brasil e do Banco do Brasil Americas, questionário, pesquisa documental e bibliográfica além de observação direta. Com embasamento na revisão teórica do tema foi desenvolvida a análise dos dados e a construção final do trabalho. O estudo descreveu o histórico de internacionalização do Banco do Brasil e identificou os seus principais meios de atuação no exterior. Posteriormente, foi verificada a convergência da aquisição do Eurobank com as correntes teóricas estudadas, quais sejam: Paradigma Eclético, Escola de Uppsala e Teoria das Redes de Relacionamento. Foram identificados pontos de convergência no histórico de internacionalização do Banco do Brasil com a Escola de Uppsala e com a Teoria das Redes de Relacionamento, no entanto, o Paradgima Eclético mostrou-se mais próximo à operação estudada. Por fim, foram identificados e relacionados os fatores determinantes para aquisição do Eurobank, sendo estes: (1) a existência de grande comunidade brasileira na região alvo (2) viabilizar complemento ao portfólio de produtos e serviços oferecidos pelo banco nos Estados Unidos (3) estratégia de diversificação de riscos e fontes de receita (4) ampliar competências e aprimorar gestão através da troca da experiências (5) intenção de permanência e expansão de médio e longo prazo no mercado norte americano.
The recent years have witnessed a wave of fusions and acquisitions in the financial system, motivated by a number of factors such as: to expand to new markets, to diversify income sources, and even for business opportunities due to financial crisis. In this scenario, we chose to analyze which were the determinant factors to internationalize Banco do Brasil when it became a bank with local operation in the United States through the acquisition of the Eurobank. Such study is relevant when we consider the historical internationalization increment of Banco do Brasil, usually moving in convergence with the Uppsala School and the behavioral model. It creates a counterpoint to the operation of foreign direct investment, which technical support resides in the economic model. The present dissertation is a qualitative case study; descriptive, applied to the Banco do Brasil S.A. in the context of the acquisition of Eurobank in the state of Florida, in the United States, with its posterior transformation in Banco do Brasil Americas. As the investigation method, data were collected from multiple evidence sources such as: interviews with high level strategic and operational representatives from Banco do Brasil and Banco do Brasil Americas, questionnaires, document and bibliographical research, and direct observation. Data analysis and the final construction of the dissertation were based on the theoretical review of the theme. The study described the internationalization history of Banco do Brasil and identified its main foreign operation areas. Later, we verified the acquisition convergence of Eurobank with the studied theoretical currents, that is: Eclectic Paradigm, School of Uppsala and the Networks Theory. We identified convergence points in the internationalization history of Banco do Brasil with the School of Uppsala and the Network Theory. However, we found that the Eclectic Paradigm was closest to describe the operation we studied. Finally, we identified and elaborated the determinant factors for the Eurobank acquisition, which were: (1) the existence of a large Brazilian community in the target region, (2) to enable a complement to the product and service portfolio offered by the bank in the United States, (3) a strategy to diversify risks and income sources, (4) to widen competences and improve management through experience exchange, and (5) the intention of settling and expanding in the American market in the medium and long term.

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Bezerra, Ricardo Ramos. "Análise do setor bancário: a presença dos bancos espanhóis no Brasil." reponame:Repositório Institucional do FGV, 2005. http://hdl.handle.net/10438/5621.

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Presents the reasons that lead Spanish banks to invest in the Brazilian banking sector and analyses the results of that strategy. Discuss the relationship among the global consolidation process in the banking sector, the strategies used by Spanish banks and the effects in the Brazilian banking system. Describes the Brazilian banking sector formation and its consolidation after the Real Plan. Analyses the internationalization of Spanish banks and the Latin America option. Discuss the expectations with the presence of foreign banks, the competition in Brazilian banking sector, and the Spanish banks results.
Apresenta as razões que levaram bancos espanhóis a investir no setor bancário brasileiro e analisa os resultados dessa estratégia. Discute a relação entre o processo de consolidação mundial do setor, as estratégias utilizadas pelos bancos espanhóis e os efeitos no sistema bancário brasileiro. Descreve a formação do setor bancário no Brasil e sua consolidação a partir do Plano Real. Analisa a internacionalização dos bancos espanhóis e a opção pela América Latina. Discute as expectativas criadas com a vinda dos bancos estrangeiros, a competitividade no setor e os resultados obtidos pelos bancos espanhóis.

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Rinkus, Michael A. "An Exploratory Study Comparing Mid-sized U.S. Banks' and Global Banks' Sustainability Programs." Thesis, Lawrence Technological University, 2015. http://pqdtopen.proquest.com/#viewpdf?dispub=3738368.

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This is an exploratory qualitative case study of the state of sustainability programs within a set of 12 mid-sized U.S. banks compared among themselves and then compared to a set of 12 global banks. This research was designed in two phases. Phase One presented the current state of sustainability within mid-sized U.S. banks and global banks based upon each bank’s public data as organized into three sections: a bank profile, major strategic initiatives, and bank sustainability initiatives and programs. Phase Two data were analyzed from 24 interviews with key executives within each bank. A structured interview format was used, and the interviews were conducted in-person, by phone, or via email depending on the respondent’s preference.

The research found that the majority of mid-sized U.S. banks had, from a regulatory view point, achieved the broader aspects of sustainability. Mid-sized U.S. banks had not seized the spirit of sustainability by organizing and communicating their efforts in the context of a voluntary formal reporting mechanism. Mid-sized banks generally relied on government compliance reports to communicate their efforts. By relying on compliance reporting, mid-sized U.S. banks are missing an opportunity to enhance their image and improve reputational and risk management efforts. It was found that the global banks demonstrated a willingness to embrace the spirit of sustainability past any regulatory requirements, but found their efforts were still in the process of integration within their many business units. It was also found that there is a need for one globally accepted reporting mechanism for sustainability performance. At present, there appear to be many competing requirements for reporting on sustainability efforts, which are beginning to tax internal departments of global banks in an effort to meet the information needs of all their stakeholders.

Using thematic analysis, five key contributions resulted: The first contribution is an understanding of the key components of mid-sized U.S. banks and global bank sustainability programs. The second contribution is identification of the motivators for mid-sized U.S. banks and global banks to establish a sustainability program. Third, a set of criteria was identified to help determine the success of a bank’s sustainability program that can be used by mid-sized U.S. banks and global banks (criteria for success). The fourth contribution is the presenting of the current state of sustainability programs for the set of banks used in the study. The fifth contribution is a set of guiding elements and impact benefits that can be used by any size bank executives to improve business results through implementation of a sustainability initiative.

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Cutcher, Leanne. "Banking on the customer customer relations, employment relations, and worker identity in the Australian retail banking industry /." Connect to full text, 2004. http://hdl.handle.net/2123/632.

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Thesis (Ph. D.)--University of Sydney, 2004.
Title from title screen (viewed 8 May 2008). Submitted in fulfilment of the requirements for the degree of Doctor of Philosophy to the Discipline of Work and Organisational Studies, School of Business, Faculty of Economics and Business. Includes bibliographical references. Also available in print form.

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Wu, Tong Caudill Steven B. "Is there a gap of banking efficiency between access and non-accession countries in central and eastern Europe." Auburn, Ala., 2006. http://repo.lib.auburn.edu/2006%20Summer/Theses/WU_TONG_10.pdf.

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Lee, Sai-kit. "The role of supervisory authorities in maintaining banking system stability in 1990's : a comparison between Hong Kong (Hong Kong Monetary Authority) and Japan (The Ministry of Finance) /." Hong Kong : University of Hong Kong, 1999. http://sunzi.lib.hku.hk/hkuto/record.jsp?B21240668.

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Lai, Pui-ming Amy. "Service quality in banking : a longitudinal study in Hong Kong /." Hong Kong : University of Hong Kong, 1996. http://sunzi.lib.hku.hk/hkuto/record.jsp?B17982376.

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Schneider, Friedrich. "Regulating the banking sector /." Florence (Italie) : European University Institute, 1990. http://bibpurl.oclc.org/web/33280.

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Dissertations / Theses on the topic 'Investment Banks and banking'

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