Just to remind you (needless I am sure), the current convention is that banks need in general to hold equity capital equivalent to around 10% of their loans.
The outcome, eventually, was a rule by which a company can keep a special-purpose vehicle off its balance sheet as long as an independent third party owns a controlling equity interest equivalent to at least 3% of the fair value of its assets.
Most dramatic has been Britain: house prices have risen by more than 25% over the past year, and Goldman Sachs estimates that mortgage equity withdrawal was equivalent to 8.5% of personal disposable income in the fourth quarter, more than at the peak of Britain's housing bubble in the late 1980s.
It is also reasonable to think of the activities of many private equity firms as the equivalent of remortgaging a house.
In Britain home-equity withdrawals added the equivalent of 3% of post-tax income to households in the fourth quarter of 2007 but subtracted 3% a year later.
In 2010, BP had produced 3, 822 thousand barrels of oil equivalent barrels per day, of which equity-accounted entities contributed 1, 330 thousand barrels of oil equivalent barrels per day.
They are not allowed to lend more than the equivalent of 25% of equity to any one of them.
In the mutual fund context, ownership of shares in an equity mutual fund is generally considered the equivalent of owning equities.
Too many existing mortgages and mortgage securities were being valued with no known bids, roughly the equivalent of having little or no equity in them.
Repeal would be the equivalent of a rate cut, boosting equity prices.
Taken together, on an annualised basis, employees received the equivalent of 27% of the core equity in the firm, whereas shareholders got a return of zero.
Private-equity firms borrow heavily to buy companies the equivalent of a gambler borrowing money to double his bet.
The Bank of England's Financial Stability Review shows that Barclays' retail banking loans in Spain, Italy and bailed-out Portugal are equivalent to a bit more than its core equity capital - its buffer against losses.
BBC: Downgraded UK banks, bonuses and Bank of England support
Credit Suisse Securities is planning over the next two years to increase Japanese equity analyst staffing by over 40 percent, to a level equivalent to that before the 2008 crisis.
Of these, he says, three-fifths had no provisions, equivalent to more than the bank's total shareholders' equity of euro5.7 billion.
That move reduced all equity and high-yield bond exposure, creating 50% cash or cash equivalent allocations across all portfolios.
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