Titlebook: British Banking, 1960–85; John Grady,Martin Weale Book 1986 John Grady, and Martin Weale 1986 banking.finance

鄙視讀作

Risk and Financial Institutions,things including return being equal, investors prefer liquid assets of certain value to illiquid assets of uncertain value. This allows them to meet potential and unforeseeable demands for funds. Thus investors require an additional return, known as a risk premium, on assets whose price varies, in o

侵害

Cpap155

The Traditional Banking System,he early 1960s the clearing banks (including those in Scotland) and the Northern Irish banks accounted for some 95 per cent of the bank deposit liabilities of United Kingdom residents. By the end of the decade this proportion had fallen to less than 80 per cent as a result of the increasing competit

Stress

The Accepting Houses, be based in the City of London. The committee is not a formal body in the sense that there are no rules which a bank has to accept if it wishes to apply to become a member. Its members are expected to have a substantial business in acceptances which command the finest discount rates and are eligibl

使長胖

Herpetologist

The Other British Non-Clearing Banks,ting to the Bank of England and for whom statistical information is therefore available, and some with a degree of banking status (the ‘Section 123’ banks) which did not furnish returns to the Bank and were therefore excluded from its supervision and control. However, the statistical series provided

intangibility

沒有貧窮

Conclusions,nd 1960, controls on the clearing banks were tightened during the 1960s. The traditional system of monetary management relied on the requirement that clearing banks held as cash or deposits with the Bank of England 8 per cent of their deposit liabilities, and that they held another 22 per cent of th

Exaggerate

Concomitant