How to Fix China’s Banking System

Old bad debt hasn’t been fully resolved. New bad debt is piling up. Yet the problems can be cleared up without a systemic crisis.

First Tennesee National: Tapping the Hidden Value of People

A few pioneering companies have married a perceptual shift with the new tools of human capital management. For First Tennessee National Corporation, it was a natural match. In the late 1990s, First Tennessee, now the 31st largest bank holding company in the United States in asset size and market capitalization, believed there was significant leverage in highly developed human capital management practices. The case study … [ Read more ]

A Guide to the ATM and Debit Card Industry

The U.S. payments system is going through a period of rapid change. Paper checks are increasingly giving way to electronic forms of payment, which themselves are being transformed as new products, new players, and new industry structures arise. Some of the most dramatic changes are being seen in the automated teller machine (ATM) and debit card industry. This paper provides a much-needed overview of the … [ Read more ]

Why Harvard Is Bad for Wall Street

The bright young things from Harvard Business School are making their way to Wall Street in droves. Some 26 percent of the HBS class of 2004 took stock-market related jobs, up from 23 percent of the class of 2003. I guess that means it’s time to sell.

Banking on International Financial Stability

In their search for the root causes of international financial meltdowns, politicians and bureaucrats have been looking in the wrong places. The best defense against economic crises is good, solid banks.

Private Equity’s New Challenge

A changed competitive landscape calls for a different business model.

Banks Shift Gears in Drive for Top-Line Growth: Focus Turns to Customers in the Financial Services Industry

The battle of the banks is taking on new urgency. After spending the past few years fiddling with their cost structures, leading banking organizations around the world are shifting their efforts toward growth-with an eye toward creating value.

Yet while their growth expectations are high, the markets are not cooperating. Low GDP (gross domestic product) and inflation rates in almost every market mean tepid-to-moderate growth … [ Read more ]

The Role of Central Banks in Fostering Efficiency and Stability in the Global Financial System

Fed Vice Chairman Roger W. Ferguson stressed the important role Central banks play in the global financial system and also provided a great look at the changing landscape of commercial banking. This one would make a great introduction or conclusion to a Money and Banking course! [FinanceProfessor.com Annotation]

RiskCenter

RiskCenter is the first Web-based syndicated news service devoted exclusively to providing financial risk professionals with the inside scoop on breaking economic, political and financial stories, as well as the risk strategies required to measure and manage these risks. Acting as the eyes and ears for risk professionals, RiskCenter provides an information filter so that viewers do not have to search through a myriad of … [ Read more ]