| Description |
1 online resource (29 pages) |
| Series |
IMF staff discussion note ; SDN/11/04 |
|
IMF staff discussion note ; SDN/11/04.
|
| Summary |
"Integrated cross-border banking groups may provide important efficiency gains arising from the scale and diversification of their operations, but their failure can also generate spillovers that threaten financial stability in countries in which they operate. Cross-border expansion by banking groups through integrated branch networks appears to be less costly and, in some cases, more efficient than establishing a series of legally independent subsidiaries. In the event of failure of a banking group, however, it appears that a subsidiary structure would generally be less costly to resolve. A key consideration for policymakers, then, is whether the trade-off between efficiency and financial stability argues for policies that reflect a preference for certain cross-border banking structures. This paper examines the relative advantages and disadvantages of different organizational structures for cross-border banking groups both from the point of view of the financial groups and of the home/host authorities. It concludes that given the diversity of business lines and the varying objectives and stages of financial development of different countries, there is no one obvious structure that is best suited in all cases for crossborder expansion--one size does not fit all when it comes to the choice of organizational structure"--Executive summary |
| Notes |
Title from pdf title page (IMF Web site, viewed Jul. 30, 2012) |
| Bibliography |
Includes bibliographical references |
| Notes |
"March 7, 2011." |
|
English |
| Subject |
Banks and banking, International.
|
|
Banks and banking, Foreign.
|
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Branch banks.
|
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Subsidiary corporations.
|
|
branch banks.
|
|
Banks and banking, Foreign.
|
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Banks and banking, International.
|
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Branch banks.
|
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Subsidiary corporations.
|
| Form |
Electronic book
|
| Author |
International Monetary Fund. Monetary and Capital Markets Department, issuing body.
|
| ISBN |
1616350407 |
|
9781616350406 |
|
9781462302123 |
|
1462302122 |
|
1455296635 |
|
9781455296637 |
|
145528856X |
|
9781455288564 |
|
