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Erschienen in:
2000 | OriginalPaper | Buchkapitel
The Search for a New Global Financial Architecture
verfasst von : Dimitris N. Chorafas
Erschienen in: New Regulation of the Financial Industry
Verlag: Palgrave Macmillan UK
Enthalten in: Professional Book Archive
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Chapter 1 has documented that not only has the financial market changed but it is still undergoing change. The profit margins in the banks’ classical product lines have been squeezed. There is a trend towards disintermediation in loans compensated for by trading activities, which involve a high quotient of credit risk and market risk.