China’s Opening to the World: What Does It Mean for U.S. Banks?PDF (131k) by Valentine V. Craig
China has agreed to open its financial system to full foreign competition in December 2006. What does this financial opening mean for foreign banks? This article examines in detail the abundant opportunities and significant risks of entry into the Chinese market for U.S. banks.
A Moving-Average Formula for Calculating Deposit Insurance AssessmentsPDF (91k) by Panos Konstas
This article examines the level and volatility of the assessment rates that would have been imposed if the current assessment policy had been in effect when the FDIC first began operations in 1934, and proposes an alternative approach for setting deposit insurance assessment rates that uses a moving-average formula. This approach would smooth the extremes in the high assessment rates required under the current policy, thus helping the banking industry through cyclical fluctuations.
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Donald E. Powell
Director, Division of Insurance
Arthur J. Murton
Christine E. Blair
Valentine V. Craig
Rose M. Kushmeider