Banking and Financial Services

News Release

Complexity of Financial Services Industry Makes It Difficult for Individual Investors to Distinguish Broker-Dealers and ...

The financial services industry is complex and financial service professionals are becoming less distinguishable and more inter-related.

Report

Banking System Reform in China: The Challenges of Moving Toward a Market-Oriented Economy

This paper reviews the history of Chinese banking-system reform, examines recent government reform efforts, analyzes the current condition of major commercial banks, and considers issues and challenges presented by further reforms.

Report

Identifying Fraud, Abuse, and Error in Personal Bankruptcy Filings

A digital bankruptcy case filing system, incorporating lessons from the IRS and GSA as well as the private sector, may be on the horizon to help the U.S. Trustee Program better identify and measure fraud, abuse, and error in personal bankruptcies.

Journal Article

Le Travail Indépendant Passé 50 Ans: Le Rôle De La Richesse Individuelle Et Des Coûts De Création D'entreprise

Dans une économie avec contraintes de liquidité, les individus ont plus de difficultés à créer leur entreprise faute d'un financement suffisant de la part des banques.

Report

Nonprofits Spend Much Time and Money Meeting Reporting Requirements

An in-depth examination of one nonprofit social services agency found that employees spent nearly half their time collecting information needed for compliance efforts. Steps can be taken to reduce the amount of time and money spent on reporting requirements.

Journal Article

Cataclysmic Liability Risk Among Big Four Auditors

Since the implosion of Arthur Andersen in 2002, many have advocated that the auditing industry should be insulated from legal liability, arguing that the profession faces such high risk of cataclysmic liability that its future viability is imperiled. This article discusses the legal, theoretical, and empirical nature of that claim.

Commentary

The Falling Dollar: A Silver Lining for Pittsburgh

Published commentary by RAND staff.

Report

The Lessons of the Asian and Latin American Financial Crises for Chinese Bond Markets

Examines the conditions for a successful corporate bond market in China.

Commentary

The Buy-Side Revolution

Published commentary by RAND staff.

Report

The Development and Structure of Consumer Credit in Japan

Describes and analyzes the development, structure, and regulation of consumer credit in Japan, and identifies significant laws, regulations, or ministerial guidance that may restrict consumer credit markets ...

Report

The Soviet Union's Hard-Currency Balance of Payments and Creditworthiness in 1985

This study of Soviet hard-currency balance-of-payments structure and creditworthiness in 1985 is intended to be not a prediction but rather a set of projections of the Soviet Union's financial position in 1985.

Report

Some Impacts of One-Bank Holding Companies.

A survey of some implications of the One-Bank Holding Companies for three areas of banking policy: (1) prevention of failure, fraud, and financial manipulation; (2) improvement in banking services; (3) promotion of competition. Emphasis is on conge...

Report

Privacy Aspects of the Cashless and Checkless Society: Testimony Before the Senate Subcommittee on Administrative Practice and Procedure

A discussion of the problem of maintaining privacy in an age of computerized credit transactions, and a proposal that some government agency be charged with the responsibility for protecting citizens' privacy.

Journal Article

The Soviet Financial System: Its Development and Relations with the Western World

Review of a book: The Soviet Financial System: Its Development and Relations with the Western World, by Mikhail V. Condoide.

People

Ismael Arciniegas Rueda

People

Noreen Clancy

People

Prateek Puri

People

Sale Lilly

People

Jonathan W. Welburn