How Long to Read Banking and Trading

How Long Does it Take to Read Banking and Trading?

It takes the average reader and 49 minutes to read Banking and Trading by Mr.Arnoud W.A. Boot

Assuming a reading speed of 250 words per minute. Learn more

Description

We study the effects of a bank's engagement in trading. Traditional banking is relationship-based: not scalable, long-term oriented, with high implicit capital, and low risk (thanks to the law of large numbers). Trading is transactions-based: scalable, shortterm, capital constrained, and with the ability to generate risk from concentrated positions. When a bank engages in trading, it can use its ‘spare’ capital to profitablity expand the scale of trading. However, there are two inefficiencies. A bank may allocate too much capital to trading ex-post, compromising the incentives to build relationships ex-ante. And a bank may use trading for risk-shifting. Financial development augments the scalability of trading, which initially benefits conglomeration, but beyond some point inefficiencies dominate. The deepending of the financial markets in recent decades leads trading in banks to become increasingly risky, so that problems in managing and regulating trading in banks will persist for the foreseeable future. The analysis has implications for capital regulation, subsidiarization, and scope and scale restrictions in banking.

How long is Banking and Trading?

Banking and Trading by Mr.Arnoud W.A. Boot is 48 pages long, and a total of 12,384 words.

This makes it 16% the length of the average book. It also has 15% more words than the average book.

How Long Does it Take to Read Banking and Trading Aloud?

The average oral reading speed is 183 words per minute. This means it takes 1 hour and 7 minutes to read Banking and Trading aloud.

What Reading Level is Banking and Trading?

Banking and Trading is suitable for students ages 8 and up.

Note that there may be other factors that effect this rating besides length that are not factored in on this page. This may include things like complex language or sensitive topics not suitable for students of certain ages.

When deciding what to show young students always use your best judgement and consult a professional.

Where Can I Buy Banking and Trading?

Banking and Trading by Mr.Arnoud W.A. Boot is sold by several retailers and bookshops. However, Read Time works with Amazon to provide an easier way to purchase books.

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