吸纳、培养和激励最优秀的雇员：汇丰银行人力资源管理——访汇丰银行人力资源管理专家曾庆生先生

人才是企业核心竞争力的核心,国内各大商业银行目前正在进行的人力资源体制改革是商业银行改革的关键。有鉴于此,本刊记者专访了汇丰银行派驻我行的人力资源管理顾问曾庆生先生,请其就汇丰银行人力资源部门的职能定位和组织架构、员工的职业发展体系、薪酬体系、绩效体系等制度进行了介绍。     

重视信贷风险监管 重在落实各项制度——对当前信贷风险监管工作的分析与思考

农行信贷经营管理面临着十分复杂而严峻的形势,当前的信贷风险监管工作仍存在不少薄弱环节,如分层管理执行不到位,经营行管贷力量不足,派驻风险经理不能切实履行职能。结合咸宁市行实际,作者建议从完善监管机制,加强监管力量,加大责任管理力度,完善风险经理派驻管理制度方面不断强化信贷风险监管工作。     

益百利亚太区区域会议：未来的展望

亚太区信贷风险管理、分析及审批决策技术越来越获得业内的关注，为此全球信贷风险管理专家益百利及来自世界各地的专家、区内主要信贷机构客户以及业内权威包括：汇丰银行／上海交通银行、新加坡星展银行、南韩Shinhan Bank、澳大利亚Commomwealth Bank及Deloitte顾问公司等，均聚首于此一连两天的会议在上海进行交流。     

香港银行业成功运作经验及对农村信用社的启示

2011年12月,按照自治区联社的安排,笔者赴港参加为期八天的短期培训,学习了香港商业银行的运作模式、信贷风险管理、客户关系管理、内部控制、财务成本管理、市场营销管理等方面的内容,参观和考察了香港金融管理局、中银香港分行、汇丰银行香港分行等。     

商业银行信贷风险管理的新思考

信贷风险是商业银行的主要风险来源之一,我国商业银行存在着严重的信贷风险问题,从理论和现实角度分析其成因,结合我国目前商业银行信贷风险管理的现状和问题,提出完善信贷风险管理的一系列措施。     

关注客户体验 提高服务品质

感触最为深刻的是汇丰无处不在的服务意识以及在服务管理方面的先进思路与做法。汇丰银行在市场经济的环境下经过了上百年的洗礼．积累了丰富的服务经验．在服务理念，实践和管理中均显示出独到之处。     

外资行的房贷服务特色——访汇丰银行（中国）有限公司北京分行行长丁国良

汇丰银行是首批获准在中国内地设立法人银行的外资行之一,在人民币业务启动之后,房贷一度是汇丰中国首推的业务版块.面对当前竞争日益激烈的房贷市场,汇丰的发展现状如何,它是如何看待中国房贷市场以及次贷危机的影响?本刊记者采访了汇丰银行(中国)有限公司(以下简称汇丰中国)北京分行行长丁国良先生.     

浅析商业银行信贷风险管理

信贷业务是商业银行的主要收益来源,而信贷风险也是商业银行的主要风险之一,是商业银行必须重视的风险。本文针对商业银行信贷风险存在的问题进行分析,并尝试性提出改善对策,加强我国商业银行信贷风险管理的力度。     

我国商业银行信贷风险管理存在的问题及对策

信贷风险管理是商业银行风险管理的核心内容,在国内外经济形势复杂多变的背景下,信贷风险管理问题日益凸显。本文分析了我国商业银行信贷风险的主要表现形式及其成因,提出完善商业银行信贷风险管理的对策。     

浅析商业银行信贷风险管理与防范措施

信贷业务是商业银行的核心业务,在商业银行经营管理过程中占具重要的地位。然而商业银行的信贷风险是资金运作过程中不可回避的核心问题,因此增强信贷风险的管理意识,有效的防范风险是商业银行信贷业务的重中之重。对此,本文阐述了商业银行信贷风险管理的现状,分析商业银行信贷风险管理中存在的问题,提出防范商业银行信贷风险管理的建议。     

Almanac of anticipations: The age of affluence—of anticipation—of anxiety—of automation—of discontinuity—of longing—of overkill—of space exploration

With this survey of developments in the futures field since 1945, I.F. Clarke completes his present series for Futures. He makes two major points: that forecasting techniques have become essential tools in the management of change; and that nuclear weapons and ecological problems have added a moral dimension to the study of the future. In the next issue of Futures he will start a new series on the range of future-thinking in the USA, from the expectations of the first settlers to the Star Wars programme.     

基金公司经营融资融券业务的问题审视

融资融券业务正式运营已经开展,为证券市场带来了革命性的改革,作为证券市场的一大主体,基金公司面对融资融券也迎来了新的发展方向和挑战,本文从融资融券业务的运行机制入手,分析了基金公司融资融券的新契机,并对其即将面临的问题进行审视和剖析,进而提出策略建议.     

对基层人民银行科技工作的几点建议

银监会分设后,人民银行将专司货币政策、金融稳定、金融服务三大职能。作为人民银行的分支机构,基层人民银行的工作重心也将从金融监管调整到这三大职能上来。人民银行的科技部门,就要积极运用科技手段,为人民银行履行新的职能发挥“服务、支持、促进、发展”的作用。一、围绕三大职能搭建五大平台经过“六五打基础、七五作准备、八五大发展”几个阶段后,人民银行相继实现了核算电算化、清算网络化和办公信息化。特别是近一两年来,陆续开通了大额支付系统、信贷登记咨询系统、会计四集中系统、金融信息服务网站等系统,人民银行信息化水平又…     

The Usefulness of Measures of Consistency of Discretionary Components of Accruals in the Detection of Earnings Management

Abstract:  Prior research has shown the prevalence of measurement error in models used to estimate aggregate discretionary accruals. In these models, the incremental information content of the various components of accruals is ignored. Limited prior research and data gathered from firms under Securities and Exchange Commission (SEC) litigation indicate that managers use either one or more than one component of accruals simultaneously, in a consistent way to manipulate bottom-line earnings in a given direction. I propose two measures that capture the consistency between the discretionary components of accruals and test their significance in earnings management (EM) detection in firms that have artificially added accrual manipulation and firms that were targeted by the SEC for accrual manipulation. There is evidence that this information is incrementally useful in detecting EM. This finding paves the way for improvements in the discretionary accruals measure by including consistency information from the components of aggregate accruals.     

社会主义所有制形式的改革、完善与共产党执政能力的提高

在中国,所有制形式的调整、改革与完善,先进生产力的发展,党的执政能力建设,是社会主义建设过程中密切结合在一起的三个不同层面的发展关系.应在相互促进和共同提高中促进社会的和谐发展,保证社会主义现代化建设战略目标的顺利实现.     

Summary of Results of Survey of Seminar Attendees

Abstract

The Society of Actuaries undertook a three-phase research project on mortality improvement in the three NAFTA countries: Canada, Mexico, and the U.S. Phase 1 consisted of a literature review of papers on projecting mortality levels in the future and a study of the trend in mortality improvement during this century. Phase 2 consisted of a discussion of different facets of modeling mortality rates at a seminar attended by 79 experts (actuaries, demographers, economists, and medical researchers) representing different countries. The last session of the seminar consisted of the completion of a survey by the attendees to obtain input for Phase 3, which would analyze the impact of mortality improvement on the social security system of each country. This paper summarizes the results of the survey.

The survey results illustrate the difficulty in forecasting mortality levels, because the effects of many factors that could have significant impact on mortality rates are unknown. This suggests the need for dynamic forecasting, which allows for the possibility of random shocks. A majority of the survey respondents believe that stochastic forecasting models, despite their complexity, have significant potential to add value. Respondents also believe that both historical data and cause-specific mortality forecasts are useful as input and also in validating forecasts of the aggregate levels of mortality. The challenge is to develop more sophisticated forecasting models to produce results that are relatively easy to interpret and to communicate these results to the desired audiences, including the public and policymakers.

The survey results suggest that the aggregate effect of lifestyle changes, medical advances, diseases, catastrophe, and physical environmental changes is an increase in life span. However, there is much uncertainty about the future. Respondents expect that beyond the year 2020 the mean annual rate of reduction in mortality for males age 65 and over will average about 0.58% for Canada, 0.76% for Mexico, and 0.67% for the U.S. The results for the female age 65 and over population are 0.64%, 0.83%, and 0.70%, respectively. The age 65 and over population is expected to see larger percentage reductions in mortality than the 0–14 and 15–64 populations. The reductions in male and female mortality will be ultimately the same, and the mortality levels in the three countries will ultimately converge, although differences may persist for decades.     

Separation of Unit of Account from Medium of Exchange

The separation of a unit of account (UoA) from a medium of exchange (MoE) in the commodity–money system is investigated by considering explicitly a seller's choice of UoA in terms of either an MoE or a unit of metal weight. If the likelihood of debasement of an MoE and its rate are high enough, the price is posted in terms of a unit of metal weight rather than an MoE. Interestingly, this MoE–UoA separated equilibrium yields the flexible nominal price, whereas an MoE–UoA integrated equilibrium yields the sticky one. This implies the nominal price rigidity in the fiat‐money system where MoE and UoA are integrated.     

银行软件项目外包管理分析

一、引言随着国民经济的不断发展,银行业务与外部企业的联系越来越密切。银行正逐步成为现代经济活动的中心,作为数据处理核心的银行业务应用也越来越大型化、越来越复杂化,因此许多银行也把软件项目逐步由原来的自主开发转变为与公司合作的方式,或直接外包开发的方式,银行本身的技术人员也逐步由开发转向项目管理。二、项目外包的分类银行项目的外包有以下几种情况:①部分子系统外包,有时由于银行的软件项目太大,单靠银行自身的开发力量基本无法在预定的时间内完成项目,只好把相对独立的部分外包;②直接购买软件公司的成熟产品,有些金融软…     

银行管理信息平台建设发展的思考

一、目前国内银行IT发展现状及面临的问题 银行数据集中工作的完成,标志着银行的业务由电子化建设阶段转入信息化建设阶段.一方面银行数据的集中提供了丰富全面的基础数据,面对日益庞大的数据源,如何将数字转化为对银行有用的信息,并从中发现知识,为银行的经营决策提供支持,是摆在银行IT人员面前的一个亟待解决的问题.另一方面用户对银行信息的需求日益增长,如果银行没有一套完整、实用的信息管理系统,将对业务发展非常不利.南京爱立信公司倒戈花旗银行事件曾经轰动一时,其中一个重要原因就是中国本地银行不能满足爱立信全球总部对南京爱立信公司的要求:每周财务上报和每天贷款限额管理.这一事件为中国商业银行的未来发展敲响了警钟,如果不加快管理信息系统的开发,迅速提升业务管理水平,类似的事件还会接连不断地发生,并最终导致国内商业银行在同国外商业银行的竞争中全面溃败.     

Properties of time-series estimates of degree of leverage measures

Empirical studies suggest that time-series regression estimates of the degrees of operating and financial leverage have a tendency to produce measures less than one. According to ex ante theory, these measures should be greater than one for firms operating above the breakeven point. There have also been suggestions that the biases in these estimates may be attributable to an underlying increase in unit sales. This work presents evidence that these counter-intuitive measures are produced by changes in the firm's operating parameters (unit price, variable cost, fixed cost and interest payments). It further suggests that attempts to control for the underlying change in unit sales substantially increase the volatility of predicted estimates.