Asset Management
Steven I. Davis
Chapter 3 in The Euro-Bank, 1980, pp 48-71 from Palgrave Macmillan
Abstract:
Abstract Asset management is one of the Euro-bank chief executive’s highest priorities in view of the importance usually placed by stockholders on participation in the medium-term Euro-currency deposit and lending market and the relative facility with which a loan portfolio can be built up to earn a return on invested capital. While many Euro-banks — particularly subsidiaries of the large American commercial banks — as a matter of policy do not carry a significant loan portfolio on their own books, interest differential income and fees derived from loan participations represent the dominant source of income for most Euro-banks.
Keywords: Chief Executive; Asset Management; Loan Loss; Loan Portfolio; Interbank Market (search for similar items in EconPapers)
Date: 1980
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-05661-3_4
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DOI: 10.1007/978-1-349-05661-3_4
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