Risk Management Era in European Credit Institutions: Predictable Mutation in XXI Century
Abstract In the market economy, globalization, liberalization and diversification of financial markets, fierce competition between the credit institutions and many of the products and services offered by them are the main factors that have exposed the banking sector to new risks, while leading to multiple challenges. For these reasons it is becoming increasingly important both permanent innovation and risk management techniques tools as well as banking performance. Only a pertinent analysis and a very good knowledge of the new tendencies in banking financial risk management can provide credit institutions in Romania efficient options on their use of management, while obtaining a higher profitability and an adequate level of liquidity.
Challenges, Opportunities and Solutions in the European Banking System
In this article, the authors intend to underline the main aspects regarding the risk in European banking system. The economic downturn and financial crisis has negative impacted the European banking system, has affected all types banking products and services, all models of supervision and all evaluation methods known. Basel Committee on Banking Supervision in response to the credit crunch, has developed a series of stringent financial regulations „Basel III”. The global financial economic crisis has unveiled significant lows in the regulation and supervision of the international financial system.
The development of biological systematics : Antoine-Laurent de Jussieu, nature, and the natural system
A reevaluation of the history of biological systematics that discusses the formative years of the so-called natural system of classification in the eighteenth and nineteenth centuries. Shows how classifications came to be treated as conventions; systematic practice was not linked to clearly articulated theory; there was general confusion over the "shape" of nature; botany, elements of natural history, and systematics were conflated; and systematics took a position near the bottom of the hierarchy of sciences.