{"product_id":"financial-conglomerates-new-rules-for-new-players","title":"Financial Conglomerates: New Rules for New Players?","description":"\u003cp\u003e\u003cstrong\u003eBook info:\u003c\/strong\u003e Financial Conglomerates: New Rules for New Players? (Hardcover, 190 pages) – Springer, 1995. Language: English.\u003c\/p\u003e\n In recent years financial conglomerates have been established throughout Europe. This horizontal diversification has attracted a great deal of attention in the banking and insurance sector, and has alarmed the supervisory authorities and the European Commission.  Financial Conglomerates: New Rules for New Players? gives a broad, innovative survey of the following aspects:\u003cul\u003e\n\u003cli\u003e it analyzes different sets of definitions of financial conglomerates, groups, consolidation criteria, etc., testing the practical effects of these definitions on the basis of a detailed relational database; \u003c\/li\u003e\n\u003cli\u003e although the benefits of financial conglomerates are straightforward, it is clear that quite a number of potential risks cannot be ignored; \u003c\/li\u003e\n\u003cli\u003e moreover, the differences in regulation of the solvency requirements for banks, insurance companies and investment firms are analyzed in order to look for a possible approach for calculating the necessary level of solvency for financial conglomerates.\u003c\/li\u003e\n\u003c\/ul\u003eAudience: Required reading for practitioners as well as academic researchers in both the financial and the insurance markets. Strategic as well as regulatory perspectives are relevant disciplines.  \n\n                                         Editorial Reviews                   From the Back Cover   Financial conglomerates have been established the last couple of years all over Europe. This horizontal diversification has not only attracted a great deal of attention in the banking and insurance sector but has also alarmed the supervisory authorities and the European Commission. This book is innovative because it gives a broad overview of the following aspects : \u003cp\u003e* It analyses different sets of definitions of financial conglomerates, groups, \u003c\/p\u003e\u003cp\u003econsolidation, criteria, etc. And tests the practical effect of these definitions on the basis \u003c\/p\u003e\u003cp\u003eof a detailed relational data base; \u003c\/p\u003e\u003cp\u003e* although the benefits of financial conglomerates are straightforward, it is clear that quite \u003c\/p\u003e\u003cp\u003ea number of potential risks can not be ignored; \u003c\/p\u003e\u003cp\u003e* moreover the differences in regulation of the solvency requirements for banks, insurance \u003c\/p\u003e\u003cp\u003ecompanies and investment firms are analysed in order to look for a possible approach \u003c\/p\u003e\u003cp\u003efor calculating the necessary level of solvency for financial conglomerates. Consequently the book is useful for as well as practitioners as academic researchers in both the financial and the insurance markets.\u003c\/p\u003e                                           ","brand":"L. van den Berghe","offers":[{"title":"Default Title","offer_id":46070938108138,"sku":"9780792337539","price":107.52,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0714\/5301\/6298\/files\/610NqPqUzxL._SL1500.jpg?v=1781274276","url":"https:\/\/textbookme.store\/products\/financial-conglomerates-new-rules-for-new-players","provider":"TextbookMe","version":"1.0","type":"link"}