Investment Banks Research Articles

A STUDY ON FINANCIAL PERFORMANCE IN STATE BANK OF INDIA

This project titled "A Study on Financial Performance of SBI Bank" aims to analyze the financial performance of State Bank of India (SBI) using various financial ratios and balance sheet comparative. The study utilizes secondary data sources to examine the financial position, profitability, liquidity, solvency, and efficiency of SBI bank. The data for the study has been collected from the annual reports of the bank, as well as from various financial websites and publications. The study finds that SBI bank has maintained a stable financial position and has consistently improved its profitability over the years. The liquidity and solvency ratios of the bank also indicate a strong financial position. However, there is scope for improvement in the efficiency ratios of the bank. The findings of the study can be used by investors, analysts, and other stakeholders to make informed decisions regarding their investment in SBI bank. Keywords: financial performance, State Bank of India, financial ratios, profitability, liquidity, solvency, efficiency, balance sheet comparative, annual reports.

New Opportunities for Investment Banks in the Meta-Universe: Strategy, Innovation and Earnings Growth

New Opportunities for Investment Banks in the Meta-Universe: Strategy, Innovation and Earnings Growth

Accounting background and cross-membership effects on investment efficiency in Islamic banks: a study of Islamic Supervisory Board members

Purpose This study aims to examine the joint effect of accounting background and cross-membership of Islamic Supervisory Board (ISB) members on bank investment efficiency. Design/methodology/approach This study uses data collected from 36 Islamic banks across 15 countries globally, spanning the period from 2012 to 2021. This research uses an ordinary least squares regression and a comprehensive set of endogeneity and robustness tests. Findings The findings show a negative relationship between the accounting background of ISB members and investment efficiency. However, when ISB members with accounting backgrounds also have ISB cross-memberships, the banks exhibit high investment efficiency. These results suggest that ISB cross-membership plays a crucial role in facilitating Islamic banks’ access to timely information on investment opportunities. This enables ISB members with accounting expertise to thoroughly assess the benefits and risks associated with their investment prospects. These findings imply that ISB members with accounting backgrounds and cross-memberships have greater motivation and thoughtful considerations for making better investment decisions. Consequently, Islamic banks are better positioned to undertake high profitable investment projects, which enhance their investment efficiency. Practical implications The current study holds immense value for Islamic bank management in their selection of ISB members who possess an accounting background and cross-membership. Originality/value This study delves into a comprehensive investigation of the proficiency, underlying principles and unique characteristics exhibited by ISB members with an accounting background. Moreover, this study acknowledges the burgeoning global prominence of Islamic banks.

Impact of Fintech on Investment Banking

Fintech, which stands for financial technology, has emerged as a disruptive force in various industries, and its impact on investment banking has been particularly profound. The rapid advancement of technology, coupled with the growing demand for more efficient and accessible financial services, has paved the way for innovative fintech applications within the investment banking sector. Fintech platforms offer advanced data analytics, artificial intelligence (AI), and machine learning tools that enable investors to process vast amounts of information and make data-driven investment decisions. This has not only increased the speed and accuracy of investment research but has also levelled the playing field, allowing smaller investors and even individual retail investors to access high-quality research previously reserved for institutional players. Another area where fintech applications are transforming investment banking is in the realm of online trading. Fintech platforms provide seamless and user-friendly interfaces that allow investors to execute trades on a real-time basis. The integration of AI algorithms and robo-advisory services within these platforms has expanded the reach of automated investment advice, enabling investors to receive personalized recommendations based on their investment goals, risk appetite, and financial constraints. fintech platforms have introduced alternative methods of capital formation, such as crowdfunding and peer-to-peer lending. This has not only reduced costs but has also increased access to capital for small and medium-sized enterprises (SMEs) and startups, fostering innovation and entrepreneurial activity. As technology continues to advance and regulatory frameworks adapt, investment banking is likely to witness even more profound changes, driving innovation and shaping the future of the industry.

Off-balance-sheet policies to the rescue: The role of statistical expertise for European public–private partnerships

Off-balance-sheet policies are an important but understudied phenomenon that emerged from a technical subtlety in the calculation of public debt statistics. Taking the case of an exemplary European off-balance-sheet policy, public–private partnerships (PPPs), this paper analyzes the technocratic processes that allow the emergence of such debt-neutral instruments. In the aftermath of the sovereign debt crisis, off-balance-sheet policies have become an important policy tool for Member States in the European Economic and Monetary Union, enabling them to strike a balance between the perceived ‘public investment gap’ and the mantra of fiscal consolidation. The case study shows how the lack of political solutions to Europe’s investment-consolidation conundrum leaves it to technical experts to find workable solutions within the existing rules. The off-balance-sheet status of PPPs came under threat in 2014 but was reaffirmed through a coordinated effort by two strange bedfellows: the European Investment Bank (EIB), a promoter of PPPs, and Eurostat, the European authority responsible for public debt and deficit indicators. I argue that Eurostat and the EIB have entered into strategic cooperation to increase each other’s room for manoeuvre, diffuse political pressure and avoid bureaucratic overload. This paper contributes to a better understanding of the role of technocrats and their expertise, which shape the mutual relations between fiscal constraints and financialized investment policies in the European investor states.

Research on the Role of Investment Banks in the China’s IPO Market

Investment banks are essential players in today's dynamic capital market, serving as intermediaries that facilitate a wide range of financial activities crucial for economic growth and development. These activities encompass venture capital, project financing, mergers and acquisitions, corporate restructuring, securities issuance, and investment analysis. Investment banks must establish robust developmental frameworks and adapt to changing industry dynamics to remain effective and resilient in the face of evolving economic and financial landscapes. This research explores the role played by investment banks in the Chinese Initial Public Offering (IPO) market while considering the nation's historical context. China's financial evolution has been marked by unique historical events and economic reforms, which have significantly influenced its IPO market and the involvement of investment banks. Examining the interplay between these factors is vital for understanding the broader dynamics of the global financial system. It provides valuable insights into the strategies and adaptations required for investment banks to thrive in this complex environment. This study aims to contribute to the existing body of knowledge and inform industry stakeholders, policymakers, and investors about the intricacies of investment banking in China's IPO market.

Processing of metal-free end-of-life tyres (EOLTs) to fuels and products: an experimental study with process simulation and economic analysis from an Australian perspective

AbstractThe aim of this experimental study, process simulation and economic analysis is to assess the applicability of pyrolysis technology for processing end-of-life tyres and to evaluate the economic viability of a 60 ton/day EOLT processing facility: a case-specific study within Australia. The experimental work and characterization of feedstock and products were carried out in-house. Capital costs for major equipment were collected from suppliers. The running cost of the processing facility is calculated on the basis of the current labour and utility costs. An economic model is developed based on the information generated from the experimental program and those obtained from suppliers. From the analysis, it is evident that the pyrolysis process for processing EOLT promises a significant upside in economic terms. A conservative conclusion of 20% light oil, ~ 65% furnace oil and 7% carbon black, generated as pyrolysis products, depicts a cash-flow positivity for a 60 tonne per day (TPD) plant that can be run using the generated fuel gas for under 4 years. This is in addition to the benefit of the zero landfill requirement. Apart from the base calculations, the sensitivity of six different scenarios is analysed by mainly changing the land cost and bank investment. Depending on the scenario, the calculated internal rate of return varies between 15 and 35%. While Australia generates significant quantities of EOLT, the techno-economic results confirm that pyrolysis technology for processing EOLT is a viable solution in Australia. However, a dedicated supply chain needs to exist to make pyrolysis plants an attractive investment at defined locations. Graphical abstract

Effectively implementing knowledge management strategy through structure and support

There is a growing interest in corporate structure and knowledge management. JPMorgan’s hard-charging chief executive, Jamie Dimon, has been quietly telling senior managers that he expects the mega-bank’s rank and file to be in their seats at the office 5 days a week. While Goldman Sachs, demanded well over a year ago that everyone return to its offices in downtown Manhattan 5 days a week. This comes in the recent wake of layoffs at the investment bank. Thus, effective implementations of cultural adaptation, and change, are a result of the organization’s knowledge management strategy and how they manage remote work. However, this is not the case due to the current status of remote work, the mystery of inertia often sets in, and many organizations go awry. There are unanswered questions regarding the lack of alignment of the corporate structure with the knowledge management strategy and these questions have caused initiatives to stop organizational knowledge to be effectively managed. We propose that an effective alignment between the corporate structure and the knowledge management strategy needs to be a direct connection between the upper echelon of the organization and its stakeholders. A vibrant corporate structure includes all the departments of the organization to effectively serve the objectives of the knowledge management strategy. The structure of this article will address how organizations can ensure that there is an alignment between the corporate structure and the knowledge management strategy. These findings come from our interviews with 81 senior managers in Australia and the UAE.

Сurrent International Situation and Opportunities for Financial Cooperation Between Russia and China

The article analyzes in detail the current international situation and possibilities of financial cooperation between Russia and China in the new normal functioning of the world economy. As a result, of the reorientation of Russian foreign trade, the share of the yuan in international trade calculations, domestic and international trade operations of Russia continues to grow. Under these conditions the question of how the Russian economy can get a steady, safe and affordable flow of capital to promote economic structural reforms and optimize the placement of debt currency, as well as how Russian enterprises and financial institutions can get yuan liquidity into their own hands, is becoming an important element of Chinese- Russian financial cooperation in the near future. In the future, Chinese-Russian financial cooperation may continue in the following directions: speedup of the connection of the Chinese payment system CIPS with the Russian SPFS, the creation of an offshore conversion center in yuan in Russia, assistance to the capital management agencies and investment banks of the two countries in conducting preliminary research to enter each other's capital markets, speedup of the construction of a regional currency system through multilateral cooperation mechanisms such as the SCO and BRICS.

IMPRESSION MANAGEMENT METHODS AND THEIR IMPACT OF ORGANIZATIONAL HAPPINESS / ANALYTICAL RESEARCH IN THE MIDDLE EAST BANK

The research aims to identify impression management methods represented by (selfpromotion, flattery and appreciation of others, showing the need for help, role model, coercion) and their impact in organizational happiness and through its dimensions represented by (job satisfaction, satisfaction with work-life balance, employee well-being) in The Iraqi Middle East Investment Bank is the place where the research was applied. Accordingly, the hypothetical plan for the research was designed, which embodies the relationship between the research variables, and through testing the hypothesis that shows the extent of the impact of impression management methods on creating organizational happiness in the researched bank. The descriptive analytical approach was adopted through analyzing the data. Finance for the period (2018-2021), and the research reached a number of results, namely that impression management methods have a significant impact on organizational happiness in the workplace

Investment Portfolio Management System Using Machine Learning

Abstract: Portfolio management is the concept of determining the proportions of various assets to be held in a portfolio in order to maximize return while minimizing risk exposure. Investment banking and financial management both depend heavily on portfolio optimization. Choosing the greatest feasible combinations of several portfolios to construct an optimal portfolio is an exponentially complex challenge in terms of computation. It's commonly believed that public opinion and financial markets are intertwined. Recently, a variety of machine learning algorithms have been employed to anticipate short-term financial markets with positive outcomes. On the other hand, historical returns don't seem to fit the normal distribution theory. But sentiment analysis performs better when combined with long short-term memory networks and historical data. In this project, we want to use AI/ML to predict portfolio risk and provide insights into how stocks will perform. We will train our model using datasets obtained from the Yahoo Financial API that include historical data from the top 100 companies (NIFTY 100) in the NSE and BSE from 2010 to 2021.

Trends of Investment Banking and Growth Potential in India till 2030

Abstract: This research delves into the intricate world of investment banking, offering insights into its multifaceted nature as both a cornerstone of financial systems and a dynamic career path. It emphasises the importance of traditional qualifications while also underscoring the significance of passion and relevant skills in navigating this field. Furthermore, it highlights the accessibility of the industry to individuals from diverse academic and professional backgrounds, emphasising that success in investment banking is not limited to those with strictly financial pedigrees.

Impact of Income Diversification on Capital Market Investment Decision: A Study on Indian Public Sector Banks

Income diversification strategy is one of the useful tools of risk management technique. Banks have identified different sources of income apart from their traditional source of income. Capital market is one of such source of income identified by the banks today. Every year banks invest a large volume of fund in capital market. In this study it is attempted to observe the impact of income diversification on the capital market investment decision of the public sector banks in India. For this purpose data are collected from 12 public sector banks for 5 years period from 2017 to 2021. Variants of panel data regression analysis are applied in this study. The result revealed that there is a significant impact of income diversification on the capital market investment of Indian public sector banks.

Revolutionizing Healthcare with Smarter AI: In-depth Exploration of Advancements, Challenges, and Future Directions

Artificial intelligence (AI) is the main branch of computer science that permits advanced machines to interpret and analyze complex healthcare data elaborating the recent challenges in the medical field of study. The current state of AI applications in healthcare is examined in this systematic literature review, with an emphasis on the technology's accomplishments, difficulties, and potential. The wide breadth of AI technologies used in healthcare settings, such as robots, computer vision, machine learning, and natural language processing, is highlighted in this review through an extensive analysis of peer-reviewed publications. It talks about how customized medicine, predictive analytics, illness detection, and treatment planning are just a few of the areas of healthcare delivery that AI-driven technologies are transforming. According to research by investment bank Goldman Sachs, 300 million full-time employees could be replaced by artificial intelligence (AI). In the US and Europe, it might replace 25% of labor duties, but it might also lead to an increase in productivity and the creation of new jobs. Additionally, it might eventually result in a 7% rise in the global annual value of products and services produced. Additionally, the paper projects that approximately 25% of all employment might be performed totally by AI and that two-thirds of jobs in the U.S. and Europe "are exposed to some degree of AI automation. "The most likely groups to be impacted by workforce automation are educated white-collar workers making up to $80,000 annually, according to research from OpenAI and the University of Pennsylvania. According to a McKinsey Global Institute study, developments in digitalization, robots, and artificial intelligence may require at least 14% of workers worldwide to change jobs by 2030.

The Belt and Road Initiative and export variety: 1996–2019

This study examines the association between the Belt and Road Initiative (BRI) and export variety (EV). We propose three hypotheses on how BRI may foster export markets (destinations) or export product lines. The estimates are based on a dataset constructed specifically for this analysis, covering 183 countries and linked with trade data from 1996 to 2019. We apply the instrumental variable (IV) approach in regressions for covering the endogeneity. The results indicate that participation in BRI is negatively related to EV. Specifically, we find evidence that, on average, BRI participants have less EV (by product and by destination) and greater export concentration. As regards participation in the Asian Infrastructure Investment Bank and BRI meanwhile (AIIB_BRI and AIIB_MOU), the results show a more negative effect. And there are heterogeneous effects of BRI across different economies and sectors.

Which banks’ business operations are more risky? The impact of leverage on Brazilian financial institutions

We analyse the effect of leverage components and banks’ ‘business model channels’ on risk-taking for Brazilian banks. Using a detailed dataset from the Brazilian financial system, the results show that the measurement of leverage components is relevant for determining banks’ risk. We highlight two important findings. First, we provide novel insights for the design of a generalised method of moments (GMM) estimation using external instruments. Second, the derivative and on-balance-sheet operations are risky for investment and foreign banks. These results provide important information for banking supervision and regulation and bring new insights regarding banks’ leverage behaviour.

Elasticity of Investment Financing Policy towards the Growth of Film Distribution Networks as an Effort to Redesign the Film Industry

This research aims to analyze the influence of investment financing policies on the growth of film distribution networks. Investment financing policy is seen from the aspect of setting investment credit interest rates in banking. Meanwhile, the growth of the film distribution network can be seen from the aspect of the number of cinema screens in Indonesia. This research uses several variables, such as: Investment Credit Interest Rates at Bank Persero, Regional Development Banks, National Private Banks and Foreign and Joint Venture Banks. The time range used in this research is from 2014 – 2022. This research uses quantitative methods using multiple linear regression. The explanation of the analysis results uses Keynes and Schumpeter’s theoretical approach. Based on the results of data analysis, it was concluded that the investment credit interest rate variable had a significant negative effect on the variable number of cinema screens, especially on the National Private Bank Investment Credit Interest Rate. The results of the coefficient of determination (adjusted R2) show that the influence of the number of cinema screens is 0.9492175. The higher the interest rate on investment credit, the lower the number of cinema screens.

The U. S. Commercial and Investment Banks, the Eurocurrency Markets, and the International Economy: from the Late 1970s Through the Start of the 1980s

This article, through the case study of Merrill Lynch and Lehman Brothers, investigates the role of U. S. commercial and investment banks in the development of the Eurocurrency markets from the 1970s to the start of the new decade, as well as the investment activities of U. S. financial institutions in the new financial environment of the 1980s based on the appearance of new financial actors and instruments. The first purpose is to frame the investment activities of American banking in the Eurodollar and other non resident markets against the backdrop of changing market pressures on the dollar from the first oil shock through to the monetary and financial consequences of combined second oil crisis and the historic decision by the newly appointed Chairman of the Board of Governors of the Federal Reserve System Paul A. Volcker to raise interest rates at unprecedented highs since 1980. Therefore, this article links the investment behaviour of American banks to the trajectory of U. S. dollar in the foreign exchange markets between the two oil crises of the 1970s. Secondly, this contribution pinpoints the variety of financial activities of American bankers during this period, which went way beyond the Eurodollar markets and involved, at least by the mid-1970s, a wide array of financial instruments both overseas and on domestic markets, from government securities to commercial paper assets. In the third instance, the aim is, as much as possible, to shed some preliminary lights on how the process of securitising, typical of the 1980s, was on the investment portfolios of American investors by the start of this decade. At the outset of this three-fold research target, the final objective is to make sense of the limited role of Eurodollar dealings and offerings in the context of trading and investment activities of U. S. financial institutions during the time frame considered, and particularly since the start of the new decade. In turn, this article suggests the multi-fold scope of financial activities of American banks in the context of macroeconomic and monetary transformations following the end of fixed exchange rates, the tottering of the dollar in the foreign exchange markets, and the meteoric rise of unregulated money markets since the 1970s, as well as the rise of securitisation since circa the year 1980.

Women Entrepreneurs: A Case Study on Nykaa in India

This paper examines the path taken by women entrepreneurs by examining Nykaa, a significant participant in the Indian beauty and wellness sector. Nykaa, which was founded by former investment banker Falguni Nayar, has become a leader in empowering women in the workplace and beyond. The article opens by discussing the importance of female entrepreneurs in the modern economy. It then analyzes Nayar’s first foray into entrepreneurship, stressing the tactics and obstacles she faced. Thereafter, the emphasis turns to Nykaa’s innovative business strategy and efforts to support women entrepreneurs. A SWOT analysis clarifies Nykaa’s competitive position and potential for future growth by highlighting its strengths, weaknesses, opportunities, and threats. The paper concludes by highlighting Nykaa’s revolutionary influence on women entrepreneurs, serving as a source of motivation for prospective business owners and a driver of gender-inclusive business ecosystems.

Overlapping lending by the European Investment Bank and the European Bank for Reconstruction and Development

ABSTRACT One of the main criticisms of contemporary lending practice by different multilateral public banks in Europe made by scholars and policymakers focuses on overlapping loans, which can create duplications and inefficiencies. However, no database exists on the lending overlaps between these banks. With the aim of analysing these overlaps, all lending by the two major multilateral public banks in Europe, the European Investment Bank and the European Bank for Reconstruction and Development, were merged into a single database. This new database allows researchers to assess lending overlap, regarding its size, evolution, and geography, facilitating an inquiry into the extent to which banks coordinate this overlapping lending.