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The deposit outflow in Spain reflects a broader capital flight problem that is by far the most serious in the euro zone.
The losses caused by even the biggest natural disaster would be a drop in the bucket to the broader capital markets.
In the interest of stability, the report recommended that banks have a broader capital base to enable them to absorb shocks.
Or it could reflect the lender's contribution to systemic risk, based on its size, complexity and the extent of its connections to other financial firms.How such a penalty would fit with broader capital reforms is unclear.
Piketty really doesn't go into that at all, which is a shame because if you don't have a clear understanding of the benefits of broader capital ownership it's difficult to explain why it's so "terrifying" if things are now moving back in the other direction.
Bringing a concept that is familiar from the mortgage industry into the power sector could do much to lower utilities' cost of capital while integrating them more fully into the broader capital markets.
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Under Dr. Ewers, Pace is nearing the end of its first broad capital campaign, for $55 million, which will help bring its endowment to nearly $100 million.
Instead of relying on broad capital markets as is common in American and Europe, they seek credit in more traditional ways: bank loans, the sale of discounted receivables, and letters of credit.
Florida and Montana have broad capital rape laws on the books that do not distinguish by the victim's age, though the Florida Supreme Court has ruled that the Florida law is unconstitutional.
And regulators and accountants could ease up when banks risk a liquidity spiral as in Europe in 2002, when insurers faced a solvency crisis over falling share prices.It would be perverse to ignore market signals when finance is increasingly based on broad capital markets.
Some central banks, especially in countries that lack a broad capital market, extend medium- and long-term credit to banks and to government development corporations in order to facilitate the financing of domestic economic-development expenditures and to alleviate the deficiency of financial savings.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com