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Journals and Conferences
Risks of intermediate business of commercial banks are relatively low compared with those of asset-liability business. However, market risks of intermediate business have been growing with innovation and development of products of credit business. Therefore, to prevent market risks becomes a significant task for intermediate business of commercial banks.… (More)
Since 2007 subprime lending crisis, the U.S. government has taken measures to rescue financial institutions to prevent an economic crisis. However, the government has ever taken policies which are constructive ambiguously to resist moral hazard. If the government rescue them all, the U.S. Government's finances are likely to be collapsed and consume more… (More)