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Banks have to find new funds
Jacek RamotowskiFor most banks loans from parent banks are the cheapest form of loan funding. The crisis has dried out that source, however, so banks have to devise new methods to raise the necessary capital – claims Andrzej Topiński,...
Off-budget vehicle by the BGK aroused a lot of interest in The City
Jan CieńskiWhen Prime Minister Donald Tusk addressed parliament last week he was speaking to a much wider audience than just the deputies sitting in front of him and the national public – key recipients of his message were the...
Shadow banking, or who is a bank and who is just pretending
Witold GadomskiThe collapse of Amber Gold has generated a number of calls for liquidating parabanks or bringing them, on a mandatory basis, within the scope of oversight. However, identifying financial institutions that are not subject to...
The road to hell is paved with good intentions
Krzysztof NędzyńskiIf Warren Buffet failed to fix the compesation system at Salomon Brothers, how can one expect government bureaucrats can regulate bonuses in banking? How to compensate is one of the toughest issues to solve in every...