Banking and trading /
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 t...
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| Format: | Book |
| Language: | English |
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[Washington, D.C.] :
International Monetary Fund,
©2012
Washington, D.C. : 2012 |
| Series: | IMF Working Papers ;
Working Paper No. 12/238 IMF eLibrary IMF working paper ; WP/12/238 |
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Internet
This item is not available through BorrowDirect. Please contact your institution’s interlibrary loan office for further assistance.Stanford University
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