In this video you will learn about the basics of Basel accord, which introduces Basel I , Basel II & Basel III. Basel committee is a financial regulatory body that formulates norms for the banks. These norms or guidelines are mandatory for the banks to follow so that banks can solvent Learn Credit Risk Modelling(PD, LGD, EAD Modelling) : http://analyticuniversity.com/credit-risk-analytics-study-pack/ http://analyticuniversity.com/ For training, consulting or help Contact : [email protected] For Study Packs : http://analyticuniversity.com/
Views: 39226 Analytics University
In today's episode of APSSDC: Watch Accounts Trainer Mounika Reddy presentation and suggestions on Accounting Procedure of private banking and public Banks, where she explained about the four important methods in detail. Live From - MANATV Studio. SAPNET -- MANATV Channel -2 Today's Program Schedule Date : 09-03-2018 Time : 04:01:00 PM User Department Name: Andhra Pradesh State Skill Development Corporation (APSSDC) Topic Name : Accounts | History of Banking - 2 Presenters Name & Designation : Mounika Reddy. Accounts Trainer. APSSDC Subscribe for latest Classes: SAPNET/MANATV AP UNIT YouTube Live URL Link :https://youtu.be/F-EP3Nar_Ds
Views: 774 MANATV AP
Financial Markets (2011) (ECON 252) Banks are among our enduring of financial institutions. Their survival in so many different historical periods is testimony to their importance. Professor Shiller traces the origins of interest rates from Sumeria in 2000 BC, to ancient Greece and Rome, up to the Song Dynasty in China between the 10th and the 12th century. Subsequently, he looks at banking in Italy during the Renaissance and at the goldsmith bankers in 16th and 17th century England. Banks have survived so long because they solve adverse selection and moral hazard problems. Additionally, he covers Douglas Diamond's and Philip Dybvig's model, which does not only analyze the banks' role for liquidity provision, but also reveals the possibility of bank runs. This leads Professor Shiller to deposit insurance as a means to prevent bank runs. He discusses the Federal Deposit Insurance Corporation as well as the Federal Savings and Loans Insurance Corporation, together with the role that the latter played during the savings and loan crisis of the 1980s. The necessity to regulate banks in the presence of deposit insurance results in a discussion of the role of the Basel commission and an explicit calculation to illustrate the core principles of Basel III. At the end, Professor Shiller provides an overview of financial crises since the beginning of the 1990s, with the Mexican crisis of 1994-1995, and the Asian crisis of 1997. 00:00 - Chapter 1. Introduction 02:52 - Chapter 2. Basic Principles of Banking 10:46 - Chapter 3. The Beginnings of Banking: Types of Banks 24:00 - Chapter 4. Theory of Banks: Liquidity, Adverse Selection, Moral Hazard 33:03 - Chapter 5. Bank Runs, Deposit Insurance and Maintaining Confidence 41:07 - Chapter 6. Bank Regulation: Risk-Weighted Assets and Basel Agreements 53:27 - Chapter 7. Common Equity Requirements and Its Critics 01:02:49 - Chapter 8. Recent International Bank Crises Complete course materials are available at the Yale Online website: online.yale.edu This course was recorded in Spring 2011.
Views: 77704 YaleCourses
Financial Markets (2011) (ECON 252) Professor Shiller characterizes investment banking by contrasting it to consulting, commercial banking, and securities trading. Then, in order to see the essence of investment banking, he reviews some of the principles that John Whitehead, the former chairman of Goldman Sachs, has formulated. These principles are the basis for a discussion of the substantial power that investment bankers have, and their role in society. Government regulation of these powerful investment banks has been a thorny issue for many years, and especially so now since they played a significant role in world financial crisis of the 2000s. 00:00 - Chapter 1. Key Elements of Investment Banking 09:50 - Chapter 2. Principles and Culture of Investment Banking 16:54 - Chapter 3. Regulation of Investment Banking 27:21 - Chapter 4. Shadow Banking and the Repo Market 33:04 - Chapter 5. Founger: From ECON 252 to Wall Street 46:24 - Chapter 6. Fougner: Steps to Take Today to Work on Wall Street 53:49 - Chapter 7. Fougner: From Wall Street to Silicon Valley, Experiences at Facebook 57:56 - Chapter 8. Fougner: Question and Answer Session Complete course materials are available at the Yale Online website: online.yale.edu This course was recorded in Spring 2011.
Views: 308288 YaleCourses
Stop buying Test Series again and again! Buy Testbook Pass and get Test Series for 65+ exams with 12 months validity. Get Testbook Pass now: http://bit.ly/tbpass Learn all about RBI from its members, RBI History & RBI Structure with our GA Expert Abhijeet Sir. Know about various kind of questions asked in different exams and best tricks to tackle them. Make note of important points so that you can revise later. #BankingAwarness3 #RBIGradeB #abhijeetsir #financialawareness #IBPSPO #ibpsrrb #rbigradeb Watch Banking Awareness Part 2 - https://www.youtube.com/watch?v=3YQDdGVnkuQ&t=2141s __________________________________________________ Testbook is Offering Biggest Ever Discount on Yearly Pass Also, 100 Lucky Winners to Get 4 Months Pass for Free Prebook Your Pass - http://bit.ly/2K0gtzr ________________________________________________ Watch various other Banking Awareness videos for SSC, Bank, IBPS, SBI, BOB, RRB Exams: Watch a video on Cheques and it's Types: https://www.youtube.com/watch?v=dVSB_Jh4Bgk Watch Monetary Policy Part 2: https://www.youtube.com/watch?v=-lRidRSWsv8 Watch Monetary Policy Part 1: https://www.youtube.com/watch?v=aVLzhxUBnT4 Watch Monetary Policy Q&A Session: https://www.youtube.com/watch?v=4LrDjhWgutU ~ Indian Currency - Q&A Live Session | Indian Rupees GK Notes | Important For SSC | Banking | RRB https://www.youtube.com/watch?v=ZZ-EttU9cEo ~ Quantitative Aptitude | Expected Questions for SBI, SSC & RRB https://www.youtube.com/watch?v=PtghkBZGskA Moreover, visit Testbook Blog to find more such articles & boost your exam preparation. Stay tuned with Testbook’s YouTube channel and other socials (FB, Twitter, Instagram) to get instant updates on job notifications, current affairs, test series, free tests, recent exams and much more. Facebook - https://www.facebook.com/testbookdotcom/ Twitter - https://twitter.com/Testbookdotcom/ Instagram - https://www.instagram.com/testbookdot... Download Testbook App - http://bit.ly/testbookmobileapp Download Current Affairs App - http://bit.ly/testbookCA Buy 2 Get 3! Get Puzzle & Seating arrangement + DI - Caselet - 100 types + Complete Analytical reasoning at just ₹1,599! Link : https://bit.ly/combocourse1 (offer valid till 16th February 2019 11:59 pm) Crack SBI PO Prelims + Mains + Interview with our Experts! Get 220+ Live Classes + Video Lessons + PDFs + Quizzes for Just ₹7999/- Link : https://www.bit.ly/sbi-po-2019 Crack RRB JE CBT 1 with our Experts! Get 230+ Video Lessons + Live & Doubt Sessions + PDFs for just ₹2999/- Link : http://bit.ly/rrbje-cbt1 Crack SSC CPO 2018-19 Exam with our Experts! Get Live Classes+Video Lessons+Quizzes+PDFs for just ₹2499/- Link : https://www.bit.ly/cpo-ssc Join Testbook's Official Telegram Channel! Link : https://t.me/testbookcom Crack NIACL AO Exam with our Experts! Get Live Classes + Video Lessons + Quizzes + PDFs for just ₹3499/- Link : https://www.bit.ly/niacl-ao Crack Advanced Maths for RRB JE, SSC CGL, SSC CPO & SSC CHSL! Get Live & Doubt Classes + Video Lessons + PDFs for just ₹1749/- Link : https://www.bit.ly/adv-maths Crack SSC GD Constable 2018 Exam with our Experts! Get 300+ Video Lessons, 40+ Live & Doubt Classes + PDFs + Quizzes for just Rs. 1299/- Link: https://www.bit.ly/sscgdlc Crack SSC CGL 2018 with our Experts - Get Recorded Videos, Quizzes, Mock Test's, LIVE Videos and Much More. Click here - http://bit.ly/ssc-cgl-lc Crack DI & Caselet for Banking Exams Link : https://www.bit.ly/di-caselet 😱 Crack GA & Banking Awareness with Financial Guru Abhijeet Sir - Videos, Quizzes, PDFs + Secret Strategies @Offer Price Rs.1299 Only! 💰 Hurry Up! 500 Seats Only! Click Here - http://bit.ly/bank-lc GS Foundation Pocket Course : Link : http://bit.ly/2MUAWMb Stop buying Test Series again and again! Buy Testbook Pass and get Test Series for 65+ exams with 12 months validity. Get Testbook Pass now: http://bit.ly/tbpass Class Schedule for 16th February 2019 7:30 AM - 16th February Current Affairs - http://bit.ly/2GIfZzP 8:30 AM - SSC CPO | CGL | CHSL GS Class : http://bit.ly/2S6VOh0 9:30 AM - SSC CPO | CGL | CHSL Reasoning Class : http://bit.ly/2DMlTwy 10:30 AM - SSC CPO | CGL | CHSL English Class : http://bit.ly/2SOQyTG 11:30 AM - IB Security Assistant Quant Class : http://bit.ly/2S0PlnO 3:00 PM - NIACL AO Mains GA Class : http://bit.ly/2GtauFH 4:00 PM - SSC & RRB Reasoning Class : http://bit.ly/2SAYXut 5:00 PM - RRB JE & NIACL GA Class : http://bit.ly/2SyOhg5 6:00 PM - Banking Exam Quant Class : http://bit.ly/2DYuqhb 7:00 PM - Banking Exam Reasoning Class : http://bit.ly/2GtbF8l
Views: 47418 Testbook.com
Today on Crash Course Economics, Adriene and Jacob talk about the 2008 financial crisis and the US Goverment's response to the troubles. So, all this starts with home mortgages, and the use of mortgages as an investment instrument. For years, it seemed like the US housing market would go up and up. Like a bubble or something. It turns out it was a bubble. But not the good kind. And the government response was...interesting. Anyway, why are you reading this? Watch the video! More Financial Crisis Resources: Financial Crisis Inquiry Report: http://www.gpo.gov/fdsys/pkg/GPO-FCIC/pdf/GPO-FCIC.pdf TAL: Giant Pool of Money: http://www.thisamericanlife.org/radio-archives/episode/355/the-giant-pool-of-money Timeline of the crisis: https://www.stlouisfed.org/financial-crisis/full-timeline http://www.economist.com/news/schoolsbrief/21584534-effects-financial-crisis-are-still-being-felt-five-years-article Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 1541147 CrashCourse
While FinTech is revolutionizing the banking industry and giving millions of people access to financial services for the first time, new banking models are emerging with FinTech start-ups and tech firms potentially disrupting the status quo. But business schools and universities are not preparing future bankers for these changes, says FinTech thought leader Henri Arslanian. How can designers, programmers and creative thinkers help? Henri Arslanian started his career as a financial markets and funds lawyer in Canada and Hong Kong, after which he spent many years with UBS Investment Bank in Hong Kong. In recent years, he has been teaching graduate courses on Entrepreneurship in Finance at Hong Kong University as an Adjunct Associate Professor, and currently leads the first FinTech course in Asia. His latest book on Entrepreneurship in Finance will be published in late 2016 by Palgrave Macmillan. A member of the Milken Institute’s Young Leaders Circle, Henri is a regular keynote speaker globally on the topic of FinTech and hedge funds and currently sits on a number of finance, academic, civil society and FinTech related boards and advisory boards. Henri is fluent in English, French, Armenian, Spanish and conversational in Mandarin Chinese and has been awarded many academic and industry awards over the years, including the Governor General of Canada Gold Medal for Academic Excellence. This talk was given at a TEDx event using the TED conference format but independently organized by a local community. Learn more at http://ted.com/tedx
Views: 277683 TEDx Talks
In this video, we have covered all the basic things about RBI that all the Banking aspirants should know about. Are You Preparing For Government Job | Banking | SSC | Railway | other Competitive Examination then Join Mahendras For Extra Discount - Click on Link - https://goo.gl/WIzCuJ Visit Branch Location - https://mahendras.org/branches.aspx YOU MAY ALSO WATCH THESE VIDEOS:: https://www.youtube.com/channel/UCiDKcjKocimAO1tVw1XIJ0Q/playlists ENGLISH PLAYLIST : https://www.youtube.com/playlist?list=PLPlACV9U2YPFo1UjvnFTFgkVG0Zw5QNCM MATHS PLAYLIST : https://www.youtube.com/playlist?list=PLPlACV9U2YPEqciVVc70WFzIuYPvy-fkL REASONING PLAYLIST : https://www.youtube.com/playlist?list=PLPlACV9U2YPHWI9gFGyt_VQ2QFkw-tYU6 GA PLAYLIST : https://www.youtube.com/playlist?list=PLPlACV9U2YPHsYRImGgN2KD3hDuGZ9YZg COMPUTER PLAYLIST : https://www.youtube.com/playlist?list=PLPlACV9U2YPFuAPo8JnMaeGyTDsBBaNBs IMPORTANT FOR BANK / SSC / RAILWAYS EXAM. JOIN US ON :- FACEBOOK : https://www.facebook.com/Emahendras/ TWITTER : https://twitter.com/Mahendras_mepl INSTAGRAM : https://www.instagram.com/mahendra.guru/ PINTEREST : https://in.pinterest.com/gurumahendra/ GOOGLE + : https://plus.google.com/+MahendraGuruvideos 1. No duplicacy or editing of the videos is allowed without the written permission of the publisher. 2. All the dispute are subject to Lucknow Jurisdiction only. @ Copyright Reserved
Views: 308096 Mahendra Guru : Online Videos For Govt. Exams
Financial Markets (2011) (ECON 252) As the starting point for this lecture, Professor Shiller contrasts the view of economics as the theory of the allocation of scarce resources with the view of economics as the study of exchange. After a discussion of the difference between brokers and dealers, he outlines the history of securities exchanges from ancient Rome, to the Amsterdam Stock Exchange and Jonathan's Coffee House in London, until the formation of the New York Stock Exchange. He complements this historic account with an overview of securities exchanges all over the world, covering India, China, Brazil, and Mexico. An example of a limit order book allows him to elaborate on the mechanics of trading at the National Association of Securities Dealers Automatic Quotation System (NASDAQ). Subsequently, he turns his attention to the growing importance of program trading and high frequency trading, but also discusses their impact on the stock market crash from October 19, 1987, as well as on the Flash Crash from May 6, 2010. When talking about fairness in financial markets, particularly with regard to the relation between private investors and brokers, he discusses the National Market System (NMS), the Intermarket Trading System (ITS), and consolidated quotation systems. He concludes this lecture with some reflections on the operations of dealers, addressing the role of inside information and the Gambler's Ruin problem. 00:00 - Chapter 1. Exchange as the Key Component of Economic Activity 05:50 - Chapter 2. Brokers vs. Dealers 12:25 - Chapter 3. History of Stock Exchanges around the World 24:28 - Chapter 4. Market Orders, Limit Orders, and Stop Orders 36:15 - Chapter 5. The Growing Importance of Electronic Trading 44:46 - Chapter 6. Instabilities Related to High Frequency Trading 59:14 - Chapter 7. The Frustrations as Trading as a Dealer Complete course materials are available at the Yale Online website: online.yale.edu This course was recorded in Spring 2011.
Views: 68725 YaleCourses
Learn how predatory lenders use nationally chartered banks to evade state regulation of the consumer credit industry in this full-length documentary film, "The Secret History of the Credit Card." For more history on how this industry developed, see: https://www.nytimes.com/1996/06/04/business/late-fees-upheld-for-credit-cards.html *This video is unmonetized, and is for educational, non-commercial purposes only. Consumer Protection Hub claims no ownership rights over this video's contents. All credit and ownership rights belong to PBS.* *Copyright Disclaimer: "Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."*
Views: 29 Consumer Protection Hub
This talk was given at a local TEDx event, produced independently of the TED Conferences. The Great Economic Myth of 2008, challenging the accounting to accounting principal. Brian Wesbury is Chief Economist at First Trust Advisors L.P., a financial services firm based in Wheaton, Illinois. Mr. Wesbury has been a member of the Academic Advisory Council of the Federal Reserve Bank of Chicago since 1999. In 2012, he was named a Fellow of the George W. Bush Presidential Center in Dallas, TX where he works closely with its 4%-Growth Project. His writing appears in various magazines, newspapers and blogs, and he appears regularly on Fox, Bloomberg, CNBCand BNN Canada TV. In 1995 and 1996, he served as Chief Economist for the Joint Economic Committee of the U.S. Congress. The Wall Street Journal ranked Mr. Wesbury the nation’s #1 U.S. economic forecaster in 2001, and USA Today ranked him as one of the nation’s top 10 forecasters in 2004. Mr. Wesbury began his career in 1982 at the Harris Bank in Chicago. Former positions include Vice President and Economist for the Chicago Corporation and Senior Vice President and Chief Economist for Griffin, Kubik, Stephens, & Thompson. Mr. Wesbury received an M.B.A. from Northwestern University’s Kellogg Graduate School of Management, and a B.A. in Economics from the University of Montana. McGraw-Hill published his first book, The New Era of Wealth, in October 1999. His most recent book, It’s Not As Bad As You Think, was published in November 2009 by John Wiley & Sons. In 2011, Mr. Wesbury received the University of Montana’s Distinguished Alumni Award. This award honors outstanding alumni who have “brought honor to the University, the state or the nation.” There have been 267 recipients of this award out of a potential pool of 91,000 graduates. About TEDx, x = independently organized event In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Views: 1951673 TEDx Talks
By any measure, the UK banking sector is large. This video considers the questions: how big is the banking sector in the UK? How much larger could it get? Why is it so big? And what is the link between banking sector size and financial stability? From the UK's location with it's central time zone, to its language, to its history as one of the world's largest trading nations, the video discusses some of the key factors that led to the United Kingdom becoming a major hub for financial activity. A Quarterly Bulletin article explores these issues in more detail: http://www.bankofengland.co.uk/publications/Documents/quarterlybulletin/2014/qb14q402.pdf Filmed by James Oxley
Views: 9756 Bank of England
Alastair Hudson explains how share trading and the need for securities regulation originated in the coffee shops and alleyways of the City of London. Securities regulation is the regulation of information, at present, which is a result of securities trading having always been based on gossip and the sharing of information. This leads directly to the insider dealing and market abuse regulation of the 21st century.
Views: 2044 profalastairhudson
Should the government bail out big banks that may otherwise go bankrupt? Or should it let them go under, as it did with Lehman Brothers in 2008? Economist Nicole Gelinas, a fellow at the Manhattan Institute, has the answer, and it will have big implications for policymakers when they grapple with the next economic crisis. Donate today to PragerU! http://l.prageru.com/2ylo1Yt Joining PragerU is free! Sign up now to get all our videos as soon as they're released. http://prageru.com/signup Download Pragerpedia on your iPhone or Android! Thousands of sources and facts at your fingertips. iPhone: http://l.prageru.com/2dlsnbG Android: http://l.prageru.com/2dlsS5e Join Prager United to get new swag every quarter, exclusive early access to our videos, and an annual TownHall phone call with Dennis Prager! http://l.prageru.com/2c9n6ys Join PragerU's text list to have these videos, free merchandise giveaways and breaking announcements sent directly to your phone! https://optin.mobiniti.com/prageru Do you shop on Amazon? Click https://smile.amazon.com and a percentage of every Amazon purchase will be donated to PragerU. Same great products. Same low price. Shopping made meaningful. VISIT PragerU! https://www.prageru.com FOLLOW us! Facebook: https://www.facebook.com/prageru Twitter: https://twitter.com/prageru Instagram: https://instagram.com/prageru/ PragerU is on Snapchat! JOIN PragerFORCE! For Students: http://l.prageru.com/29SgPaX JOIN our Educators Network! http://l.prageru.com/2c8vsff Script: In 2008, America experienced the biggest meltdown of its financial sector since the Great Depression. The conventional wisdom is that this failure and subsequent government rescue, commonly known as "the bailout" was brought about by three decades of bank de-regulation. There were a lot of causes for the meltdown, but deregulation wasn't one of them. Ironically, it wasn't because the banks had become unmoored from government control that led them into the financial storm, it was because they had become too closely tied to government. For three decades Uncle Sam, like an enabling parent, had always "been there" when the big banks got into trouble. The shock in 2008 was that for one brief moment, Uncle Sam wasn't there. In the wee hours of September 15, 2008, Lehman Brothers filed for bankruptcy. The financial industry waited for the Feds to step in and save Lehman bondholders like it saved those of Bear Stearns some months earlier. That didn't happen. Global financial markets seized up. As the Dow Jones Industrial average fell 498 points, or nearly 4.4 percent, financial institutions effectively went on strike. Banks wouldn't lend money to other banks and thus, indirectly, to the public because they had no idea which financial institution might go belly up next. The economy can withstand a stock-market crash, but a credit-market freeze -- essentially a cash freeze -- can cause a Depression, as credit underpins almost all business and personal activities. Indeed, some large companies, including General Electric, were so dependent on these short-term credit markets that they were in danger of not being able to pay their workers. The financial industry pleaded with the government to act. Later in the same day, September 15, it did. The Feds wouldn't save Lehman's but it would save AIG, the primary insurer of mortgage loans. A month later, the Troubled Asset Relief Program (TARP), a $700 billion plan to pump taxpayer cash into America's banks and financial institutions was approved by Congress. Public officials generally agreed that the free market had failed. In November 2008, President George W. Bush came to New York to explain why he, a Republican president, had signed TARP into law. "I'm a market-oriented guy, but not when I'm faced with the prospect of a global meltdown," he said. But free-market capitalism had not melted down. Again, the problem was not that banks had been too free, but that they had grown too dependent on government over the last few decades. Here's a brief history. America's first post-Depression bailout of a big bank came in 1984 when the Republican administration of Ronald Reagan, with help from the Federal Reserve bailed out Continental Illinois, the eighth largest commercial bank in the nation. The bailout introduced the phrase "too big to fail" to the financial media's vocabulary. For the complete script, visit https://www.prageru.com/videos/should-government-bail-out-big-banks
Views: 809941 PragerU
Why is the airline industry one of the most heavily regulated and subsidized industries in America? Gary Leff, Mercatus Center CFO and author at ViewFromTheWing.com, explains his point of view. As always, the Federalist Society takes no position on particular legal or public policy issues; all expressions of opinion are those of the speaker. Follow Gary Leff on Twitter: @garyleff https://twitter.com/garyleff Related Links & Differing Views: Federal Reserve Bank of San Francisco: Competition and Regulation in the Airline Industry https://www.frbsf.org/economic-research/publications/economic-letter/2002/january/competition-and-regulation-in-the-airline-industry/ Huffington Post: Airline Deregulation: A Triumph of Ideology Over Evidence https://www.huffingtonpost.com/david-morris/airline-deregulation-ideology-over-evidence_b_4399150.html Forbes: Why The Airline Industry Needs More Regulation And Some Suggestions https://www.forbes.com/sites/douggollan/2017/05/29/why-the-airline-industry-needs-more-regulation-and-some-suggestions/#63303795266b New York Times: Do Airlines Need to Be Re-Regulated? https://www.nytimes.com/roomfordebate/2016/05/25/do-airlines-need-to-be-re-regulated Related Links: US Department of Transportation: Fly Rights https://www.transportation.gov/airconsumer/fly-rights Oyez: Nader v. Allegheny Airlines, Inc. https://www.oyez.org/cases/1975/75-455
Views: 58295 The Federalist Society
On the occasion of the 200th anniversary of the foundation of the OeNB, and the 650th anniversary of the foundation of the University of Vienna the “OeNB Anniversary Visiting Professorships” were established. Every year since 2016 a visiting professor is invited to lecture about monetary policies and fiscal topics at the Faculty of Business, Economics and Statistics. In 2017, it was a pleasure to welcome Prof. Charles W. Calomiris, Henry Kaufman Professor of Financial Institutions at Columbia Business School. He is an expert in the areas of banking, corporate finance, financial history and monetary economics. Together with OeNB-Govenor Prof. Dr. Ewald Nowotny, Professor Charles W. Calomiris discussed current fiscal topics as well as bank regulation and market discipline.
Banks are a riddle wrapped up in an enigma. We all kind of know that they do stuff with money we don’t understand, while the last crisis left a feeling of deep mistrust and confusion. We try to shed a bit of light onto the banking system. Why were banks invented, why did they cause the last crisis and are there alternatives? The music from the video is available here! http://epicmountainmusic.bandcamp.com/track/banking http://soundcloud.com/epicmountain/banking http://www.epic-mountain.com Visit us on our Website, Twitter, Facebook, Patreon or Behance to say hi! http://kurzgesagt.org https://www.facebook.com/Kurzgesagt https://twitter.com/Kurz_Gesagt http://www.patreon.com/Kurzgesagt http://www.behance.net/Kurzgesagt Banking Explained – Money and Credit Help us caption & translate this video! http://www.youtube.com/timedtext_cs_panel?c=UCsXVk37bltHxD1rDPwtNM8Q&tab=2
Views: 5197584 Kurzgesagt – In a Nutshell
Dr. Dan Sutter, of the Manuel Johnson Center for Political Economy, hosts EconVersations, a program that explores the role of free markets in promoting prosperity through conversations with Manuel Johnson Center faculty and guests. In this episode, Dr. Sutter interviews Dr. Thomas Hogan.
Views: 144 TROY TrojanVision
Financial Markets (2011) (ECON 252) To begin the lecture, Professor Shiller explores the origins of central banking, from the goldsmith bankers in the United Kingdom to the founding of the Bank of England in 1694, which was a private institution that created stability in the U.K. financial system by requiring other banks to have deposits in it. Turning his attention to the U.S., Professor Shiller outlines the evolution of its banking system from the Suffolk System, via the National Banking era, to the founding of the Federal Reserve System in 1913. After presenting approaches to central banking in the European Union and in Japan, he emphasizes the federal funds rate, targeted by the Federal Open Market Committee, as well as the recent change to pay interest on reserve balances at the Federal Reserve, enacted by the Emergency Economic Stabilization Act from 2008, as important tools of U.S. monetary policy. After elaborating on reserve requirements, which are liability-based restrictions, and capital requirements, which are asset-based, he provides a simple, illustrative example that delivers an important intuition about the difficulties that banks have faced during the recent crisis from 2007-2008. This leads to Professor Shiller's concluding remarks about regulatory approaches to the prevention of future banking crises. 00:00 - Chapter 1. The Origins of Central Banking: The Bank of England 06:27 - Chapter 2. The Suffolk System and the National Banking Era in the U.S. 12:08 - Chapter 3. The Founding of the Federal Reserve System 25:46 - Chapter 4. The Move to Make Central Banks Independent 30:49 - Chapter 5. U.S. Monetary Policy: Federal Funds Rate and Reserve Requirements 45:23 - Chapter 6. Capital Requirements, Basel III and Rating Agencies 52:34 - Chapter 7. Capital Requirements and Reserve Requirements in the Context of a Simple Example 01:05:30 - Chapter 8. Capital Requirements to Stabilize the Financial System in Crisis Times Complete course materials are available at the Yale Online website: online.yale.edu This course was recorded in Spring 2011.
Views: 99010 YaleCourses
This video is the sixth chapter of a video series about the Federal Reserve provided by the Philadelphia Fed. In this chapter, discover more about how the Federal Reserve supervises and regulates thousands of financial institutions. Learn about the history of the Federal Reserve's role in the supervision and regulation of the nation's financial institutions. Find out how Congress passes laws that affect financial institutions and how the Federal Reserve, in cooperation with other regulatory agencies, writes rules to implement those laws. This video has been uploaded for informational and educational purposes only, so please do not abuse. Segments: Introduction: 0:00 Federal Reserve Supervision and Regulation History: 4:15 The Role of Congress in Supervision and Regulation: 6:02 Bank Examinations: 6:32
Views: 1191 HistoryNut 617
Welcome to the Investors Trading Academy talking glossary of financial terms and events. Our word of the day is “Basel” An attempt to reduce the number of bank failures by tying a bank's capital adequacy ratio to the riskiness of the loans it makes. For instance, there is less chance of a loan to a government going bad than a loan to, say, an internet business, so the bank should not have to hold as much capital in reserve against the first loan as against the second. The first attempt to do this worldwide was by the Basel committee for international banking supervision in 1988. However, its system of judging the relative riskiness of different loans was crude. For instance, it penalized banks no more for making loans to a fly-by-night software company in Thailand than to Microsoft; no more for loans to South Korea, bailed out by the IMF in 1998, than to Switzerland. In 1998, "Basel 2" was proposed, using much more sophisticated risk classifications. However, controversy over these new classifications, and the cost to banks of administering the new approach, led to the introduction of Basel 2 being delayed until (at least) 2005. By Barry Norman, Investors Trading Academy - ITA
Views: 26075 Investor Trading Academy
Keeping on an even keel: the role of the Bank of England is a short film that uses nautical metaphors and animation to explain the Bank's roles and responsibilities in an accessible, imaginative and entertaining way. The film is divided into seven short modules, which provide a simple guide to the Bank's monetary policy and financial stability roles. They explain why low inflation and a safe and stable financial system matter to the UK economy and how the Bank contributes to achieving them.
Views: 63141 Bank of England
This week on Crash Course Economics, we're talking about monetary policy. The reality of the world is that the United States (and most of the world's economies) are, to varying degrees, Keynesian. When things go wrong, economically, the central bank of the country intervenes to try aand get things back on track. In the United States, the Federal Reserve is the organization that steps in to use monetary policy to steer the economy. When the Fed, as it's called, does step in, there are a few different tacks it can take. The Fed can change interest rates, or it can change the money supply. This is pretty interesting stuff, and it's what we're getting into today. Crash Course is on Patreon! You can support us directly by signing up at http://www.patreon.com/crashcourse Thanks to the following Patrons for their generous monthly contributions that help keep Crash Course free for everyone forever: Fatima Iqbal, Penelope Flagg, Eugenia Karlson, Alex S, Jirat, Tim Curwick, Christy Huddleston, Eric Kitchen, Moritz Schmidt, Today I Found Out, Avi Yashchin, Chris Peters, Eric Knight, Jacob Ash, Simun Niclasen, Jan Schmid, Elliot Beter, Sandra Aft, SR Foxley, Ian Dundore, Daniel Baulig, Jason A Saslow, Robert Kunz, Jessica Wode, Steve Marshall, Anna-Ester Volozh, Christian, Caleb Weeks, Jeffrey Thompson, James Craver, and Markus Persson -- Want to find Crash Course elsewhere on the internet? Facebook - http://www.facebook.com/YouTubeCrashCourse Twitter - http://www.twitter.com/TheCrashCourse Tumblr - http://thecrashcourse.tumblr.com Support Crash Course on Patreon: http://patreon.com/crashcourse CC Kids: http://www.youtube.com/crashcoursekids
Views: 787766 CrashCourse
Meltdown is a four-part investigation into a world of greed and recklessness that brought down the financial world. The show begins with the 2008 crash that pushed 30 million people into unemployment, brought countries to the edge of insolvency and turned the clock back to 1929. But how did it all go so wrong? Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place. Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced "light touch regulation" - giving bankers a free hand in the marketplace. Meltdown moves on to examine the epidemic of fear that caused the world's banks to stop lending and how the people began their fight back. Finally, it asks how the world can prepare for the next crisis even as it recognises that this one is far from over. We hear about the sheikh who says the crash never happened; a Wall Street king charged with fraud; a congresswoman who wants to jail the bankers; and the world leaders who want a re-think of capitalism. http://www.RebelMystic.com
Views: 2008417 Rebel Mystic
It used to be that retail banks had a pretty clear view of customer needs and how to meet them. But technology and regulation have bred a chaotic, new environment. Equifax has a long history of helping banks grow and protect their business. New marketing consumer insights are needed to compete and remain relevant. With the expanded use of predictive analytics, Equifax helps financial institutions say in tune with what’s going on with customers.
Views: 196 Equifax Insights
At Fraser Trebilcock, our lawyers help clients keep up with the changing regulations and technology. Throughout our history, Fraser Trebilcock lawyers have served Michigan's banking industry. Many of our banking law attorneys have over 30 years of experience, covering virtually all areas of banking transactions, counseling, and litigation, including, but not limited to: - Loan and transactional document preparation. - Trust and estate administration. - Workouts and bankruptcy representation. - Defense of lender liability claims. - Consumer protection law. - Mergers and acquisitions. - Collections and collateral recovery, including foreclosures and receiverships. - Loan portfolio acquisitions and dispositions. - Disputes and claims concerning accounts and negotiable instruments.
Views: 85 Fraser Trebilcock
MELTDOWN - The Men Who Crashed The World - 2019 The first of a four-part investigation into a world of greed and recklessness that led to financial collapse. In the first episode of Meltdown, we hear about four men who brought down the global economy: a billionaire mortgage-seller who fooled millions; a high-rolling banker with a fatal weakness; a ferocious Wall Street predator; and the power behind the throne. The crash of September 2008 brought the largest bankruptcies in world history, pushing more than 30 million people into unemployment and bringing many countries to the edge of insolvency. Wall Street turned back the clock to 1929. But how did it all go so wrong? Lack of government regulation; easy lending in the US housing market meant anyone could qualify for a home loan with no government regulations in place. Also, London was competing with New York as the banking capital of the world. Gordon Brown, the British finance minister at the time, introduced 'light touch regulation' - giving bankers a free hand in the marketplace. All this, and with key players making the wrong financial decisions, saw the world's biggest financial collapse. Trading Strategies Live Trade Coaching Binary Options CFD's Futures Equities Commodities FX
Views: 955801 TradingCoachUK
" Mr. Kelman will discuss the history of AML compliance and its impact on correspondent banking and cryptocurrency. He will then analyze the SEC's approach toward cryptocurrencies and its approachto the classification of securities. Finally, he will compare the approaches of international jurisdictions, with a particular focus on large Asian nations and the 'offshore' world. ""4 Years of ICO Activity"" - https://youtu.be/ac1P3GXkFxc Blockchain Law Summit - May 24, 2018 Location: Los Angeles" --------------------------------------- The ‘Crypto Funding Summit: Security Tokens & ICOs’ is coming to NYC in July 2018! Would love to see you soon. Visit our website for more info: https://www.cryptofundingsummit.com
Views: 185 Blockchain Enterprise Forum
Find out more about the history of the Federal Reserve's role in the supervision and regulation of the nation's financial institutions.
Views: 55 Philadelphia Fed
Thomas Jefferson and Andrew Jackson understood "The Monster". But to most Americans today, "Federal Reserve" is just a name on the dollar bill. They have no idea of what the central bank does to the economy, or to their own economic lives; of how and why it was founded and operates; or of the sound money and banking that could end the statism, inflation, and business cycles that the Fed generates. Dedicated to Murray N. Rothbard, steeped in American history and Austrian economics, and featuring Ron Paul, Joseph Salerno, Hans Hoppe, and Lew Rockwell, this extraordinary documentary is the clearest, most compelling explanation ever offered of the Fed, and why curbing it must be our first priority. Alan Greenspan was not, we're told, happy about this 1996 blockbuster. Watch it, and you'll understand why. This is economics and history as they are meant to be: fascinating, informative, and motivating. This movie is changing America.
Views: 1070864 misesmedia
'The British banking system and solvency regulation: lessons from the past for the 21st century'. Forrest Capie (Cass Business School) and Geoffrey Wood (University of Buckingham). Presented at the IIMR/IEA monetary conference, 8 November 2017: 'Has Financial Regulation Gone Too Far? And do banks really need all the extra capital?'. In Session 2, 'Bank recapitalisation during and since the Great Recession: right or wrong?', chaired by Maria Nieto.
Regulation and FinTech innovation are transforming banks from "distribution channels of products" into the "digital packaging of advice". IBM Thought Leader Paolo Sironi discusses how FinTech, Banks and IBM can work together to transform banks' business models intelligently. Website: https://ibm.com/banking Subscribe: https://www.youtube.com/channel/UCYuBZVt_S82TGwoEgNqN8yg?sub_confirmation=1
Views: 548 IBM FinTech
Our guest today holds a Ph.D. in economics from Royal Melbourne Institute of Technology, better know as RMIT University (Australia) His thesis was titled "Safety and Soundness: An Economic History of Prudential Bank Regulation in Australia, 1893-2008", and offered the first comprehensive history of the politics and economics of prudential bank regulation in Australia. Fair to say, my guest knows his financial regulations. Dr. Berg is one of Australia’s most prominent voices for free markets and individual liberty, and a leading authority on over-regulation, economic freedom, and civil liberties. Our talk with him today will be around "Crypto-Economics". About Dr. Chris Berg: Chris Berg is a Postdoctoral Fellow at RMIT University, a Senior Fellow with the Institute of Public Affairs, and an Academic Fellow with the Australian Taxpayers’ Alliance. Dr. Berg is the author of five books including The Libertarian Alternative. Dr. Berg is one of Australia’s most prominent voices for free markets and individual liberty, and a leading authority on over-regulation, economic freedom, and civil liberties. The Cato Institute praised the “wit and grace” of his book Liberty, Equality & Democracy, and the Sydney Morning Herald described him The Libertarian Alternative as “spirited and sometimes wry”. His other books include In Defence of Freedom of Speech: from Ancient Greece to Andrew Bolt, Magna Carta: the tax revolt that gave us liberty and The Growth of Australia’s Regulatory State. He is also the editor of 100 Great Books of Liberty and The National Curriculum: A Critique. Dr Berg has been a regular columnist with the Sunday Age and ABC’s The Drum. In addition, his articles have appeared in the Wall Street Journal, The Australian, the Australian Financial Review, and the Sydney Morning Herald, as well as magazines such as Quadrant, Spectator Australia, and Overland. He is a frequent media commentator on television and radio and appears regularly throughout the electronic press. His scholarly contributions have appeared in the Australian Journal of Political Science, Econ Journal Watch, Agenda, and Trends in Anaesthesia and Critical Care.He holds a He holds a PhD in economics from RMIT University, which was awarded in 2016. His thesis was titled Safety and Soundness: An Economic History of Prudential Bank Regulation in Australia, 1893-2008, and offered the first comprehensive history of the politics and economics of prudential bank regulation in Australia. A few websites should help – http://chrisberg.org/ http://www.cryptoeconomics.com.au/ and http://sites.rmit.edu.au/blockchain-innovation-hub/ Our basic intro to institutional cryptoeconomics is https://www.coindesk.com/institutional-cryptoeconomics/ and we talk about the tax and regulatory treatment of crypto here https://theconversation.com/bitcoin-investors-should-be-taxed-like-any-other-investor-84291 Co-Hosts: Brian Roemmele: http://www.quora.com/Brian-Roemmele Faisal Khan: https://faisalkhan.com Nako Mbelle: http://fintechrecruiters.com/ Official Website: http://aroundthecoin.com We are available on… iTunes: https://itunes.apple.com/us/podcast/around-the-coin/id805021615 Stitcher: http://www.stitcher.com/podcast/around-the-coin YouTube: https://www.youtube.com/user/aroundthecoin Quora: https://aroundthecoin.quora.com/ Soundcloud: https://soundcloud.com/aroundthecoin Medium: https://medium.com/around-the-coin Twitter: https://twitter.com/aroundthecoin Facebook: https://www.facebook.com/aroundthecoin/
Views: 415 Around The Coin
Trump campaigned on deregulating Wall Street, saying that regulations are “killing our country and our jobs.” He wants to repeal Dodd-Frank, the 2010 law that tried to reign in the banks after the financial crisis. What exactly does Dodd-Frank do? And is the president right that it threatens the American economy?
Views: 19515 The Atlantic
You can directly support Crash Course at https://www.patreon.com/crashcourse Subscribe for as little as $0 to keep up with everything we're doing. Free is nice, but if you can afford to pay a little every month, it really helps us to continue producing this content. In which John Green teaches you about the New Deal, which was president Franklin D. Roosevelt's plan to pull the united States out of the Great Depression of the 1930's. Did it work? Maybe. John will teach you about some of the most effective and some of the best known programs of the New Deal. They weren't always the same thing. John will tell you who supported the New Deal, and who opposed it. He'll also get into how the New Deal changed the relationship between the government and citizens, and will even reveal just how the Depression ended. (hint: it was war spending) Hey teachers and students - Check out CommonLit's free collection of reading passages and curriculum resources to learn more about the events of this episode. President Roosevelt developed his New Deal policies to ease the economic burdens of the Great Depression, a grim reality he began to tackle with his first fireside chat: https://www.commonlit.org/texts/president-roosevelt-s-first-fireside-chat In his Economic Bill of Rights, FDR tried to get the country to trust its banks again: https://www.commonlit.org/texts/the-economic-bill-of-rights Follow us! @thecrashcourse @realjohngreen @crashcoursestan @raoulmeyer @br8dybrunch
Views: 2493761 CrashCourse
Found this super informative and useful video on The Crisis of Credit visualized by Jonathan Jarvis (https://vimeo.com/jonathanjarvis). Please check out their website: http://cashmoneylife.com/economic-financial-crisis-2008-causes/ & https://www.youtube.com/watch?v=bx_LWm6_6tA P.S. I do not own this video, just sharing..
Views: 921890 Vivien Yeow
So you just made a nice big deposit in your account—you’re free to go spend that money, right? Not so fast. The funds you deposited may not be available right away. Get a better idea of what determines how quickly you have access. To learn more and see more videos go to http://go.bofa.com/5gqzr
Views: 127954 Bank of America
Does Donald Trump want to bust up big banks? Or cut them a break? Candidate Trump talked about fighting a rigged system — how Wall Street backed Hillary Clinton. He even had big bank regulations added to the Republican Party platform. (https://prod-cdn-static.gop.com/media/documents/DRAFT_12_FINAL%5b1%5d-ben_1468872234.pdf) But… now he wants to "do a big number" on "out of control" regulations, and supports a proposed law that would let banks: • keep less cash on hand • charge higher fees on credit cards • and make riskier moves. That law's called the Financial CHOICE Act, and it is a big choice. (https://financialservices.house.gov/uploadedfiles/hr_10_the_financial_choice_act.pdf) Is he on the banks' side? Or yours? Read what I think at Debt.com. https://www.debt.com/americas-voice-on-debt/trump-on-financial-reform/ We hope you enjoy our video, and let us know what you think in the comments below, and don't forget to subscribe to our channel - Debt.com For more information about Debt.com visit: https://www.debt.com and follow us on social media: ★ Facebook: https://facebook.com/debt.com/ ★ Twitter: https://twitter.com/debtcom/ ★Google+: google.com/+DebtDotCom
Views: 2651 Debt.com
The heads of Wall Street's biggest investment banks were summoned to an evening meeting by the US Treasury Secretary, Hank Paulson, to discuss the plight of another - Lehman Brothers. After six months' turmoil in the world's financial markets, Lehman Brothers was on life support and the government was about to pull the plug. Lehman CEO, Dick Fuld, recently sidelined in a boardroom coup, spends the weekend desperately trying to resuscitate his beloved company through a merger with Bank of America or UK-based Barclays. But without the financial support of Paulson and Lehman's fiercest competitors, Fuld's empire - and with it, the stability of the world economy - teeters on the verge of extinction.
Views: 1347110 scottab140
Anti-Money-Laundering, Counterterrorism Financing and Financial Crime: The Critical Role of Financial Institutions and How It Affects You Talk by Hue Dang ’92, Head of Asia for the Association of Certified Anti-Money-Laundering Specialists. Media coverage in the last several years of financial penalties against global banks such as BNP Paribas ($8.9 billion) or HSBC ($1.92 billion) for money-laundering and sanctions violations—to name just a few examples—highlights the increasing risks to banks as they conduct their normal business. We now live in an era of international money-laundering controls. The terrorist attacks of Sept. 11, 2001, revolutionized the anti-money-laundering (AML) field and brought into stark relief the threat of the movement and disguising of funds destined for the support of terrorism throughout the world, introducing a whole new effort to combat the financing of terrorism (CFT). As a result of the governmental reaction in virtually all countries, banks, non-bank financial institutions and nonfinancial businesses face tougher national and international legal requirements and harsher penalties than ever before. By the same token, the regulators of those businesses, law-enforcement agents and prosecutors also face greater challenges and responsibilities in their work. The discussion of what this means to you will include the economic and social consequences of money laundering; the latest regulatory developments in the U.S., Asia and Europe; challenges in effective AML/CFT implementation; and key lessons learned from recent cases. Presented by the Class of 1992.
Views: 42350 AmherstCollege
#Americaslawyer Mike Papantonio and Trial Magazine Executive Editor Farron Cousins take a look at the Federal Reserve and how they are preparing to further de-regulate some of the biggest banks in the country and what they could mean for consumers. Then, RT Correspondent Brigida Santos discusses how the Trump administration’s DOJ is rewriting the rules for asylum seekers in what could easily be a violation of U.S law. Plus a discussion with Legal Journalist Mollye Barrows on Democrats and how after winning control of the House of Representatives in midterm elections, have vowed to launch investigations involving the Trump administration’s use of power to punish companies. FOLLOW Mike Papantonio on Twitter: https://twitter.com/americaslawyer FOLLOW America’s Lawyer on Facebook: http://www.facebook.com/rtamericaslawyer Find RT America in your area: http://rt.com/where-to-watch/ Or watch us online: http://rt.com/on-air/rt-america-air/ Like us on Facebook http://www.facebook.com/RTAmerica Follow us on Twitter http://twitter.com/RT_America
Views: 12015 RT America