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Asset Management

In: The Euro-Bank

Author

Listed:
  • Steven I. Davis

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.

Suggested Citation

  • Steven I. Davis, 1980. "Asset Management," Palgrave Macmillan Books, in: The Euro-Bank, edition 0, chapter 3, pages 48-71, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-1-349-05661-3_4
    DOI: 10.1007/978-1-349-05661-3_4
    as

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