Tier 2 capital

Appendix 2 – TD Capital Position 13 Tier 1 Capital 13 Tier 2 Capital 14 Capital Ratios 14 Appendix 3 – BCAR Capital Components 15 Tier 1 15 Tier 2 16 Tier 3 17 Capital Ratios 17 Appendix 4 - Consolidated Balance Sheet 18 Appendix 5 - BCAR Derivative Component 21 Appendix 6 – Risk Weighted Assets Basel II 23 Appendix 7 – Price Waterhouse Coopers 24 Perspectives on the Canadian banking industry

Focus on Capital requirement Positive： Improve the standard of capital ratio: According to Basel 3, Capital requirement includes 4 different ratios: Common equity Tier 1 capital ratio =(Common equity Tier 1 capital)/( risk-weighted assets) Tier 1 capital ratio =(Total Tier 1 capital)/( risk-weighted assets) Total capital ratio =( Tier 1 capital+ Tier 2 capital)/( risk-weighted assets) Capital conservation buffer Comparing to Basel 2 , the Basel 3 requirement of common equity Tier 1 capital ratio

the firm’s financial data. 2. Select appropriate discount rate based on WACC 3. Discount each cashflow back to it present value 4. Obtain the terminal value through an application of terminal value multiple 5. You add these values together 6. Using this method, Martin calculates the price of Cox’s share to be $54.29 Multiple Valuation: 1. Identify comparable firms that have growth, cashflow and risks similar to those of target firm whose value is in question. 2. Obtain the individual multiple

reduce his future taxable income as the property that he distributed is a capital gain property. Since Mrs. Rich is the only income beneficiary of the annuity amount, there is no taxable gift as it is protected by the marital deduction . The remainder value of the trust is not subject to gift tax . Annuity income received by Mrs. Rich is subject to tax in under tiered system and needs to be included in her gross income. Tier 1- ordinary income to the

global economic growth. Indubitably, the imprudence in which banks managed their risks and capital holdings were among reasons that caused the crisis. It raised the need for industry reform, leading to G20’s Basel III proposal in 2010 to strengthen the global capital framework by imposing stricter rules regarding capital and liquidity requirements, as well as a focus on transparency, consistency and quality.   2. Regulatory Framework Table 1 highlights the main differences between Basel I, Basel II

What is Basel III and who is making the decisions? Basel III is a set of proposed changes to international capital and liquidity requirements and some other related areas of banking supervision. It is the second major revision to an original set of rules, now known as Basel I, which was promulgated by the Basel Committee in 1988. The committee was established in the mid‐1970’s, after the failure of a small German bank (Herstatt) sent shudders through the global financial system as a result of poor

Bendigo Bank Analysis WACC Analysis (Question 2) The decision to choose the issuance of preferred shares or unsecured notes is balanced not only by the cost of the capital to the bank, but also the characteristics of the instruments themselves. Issuing preferred stock may be advantageous to the current firm's management due to its unique characteristics over ordinary stock, as well as its hybrid status as a financing instrument. Preferred stock is enticing to investors since it is senior to

Table of Contents Executive Summary……………………………………………………………………………………...2 Question 1………………………..………………………………………………………………………….3 Question 2……………………………………………………………….…………………………………..4 Question 4………………………………………………………………………………………………......6 Question 5…………………………………………………………………………….……………………..7 Appendix………………………………………………………………………………………………………8 Bibliography…………………………………………………………………………………………………10 Executive summary Laura Martin is a reputable equity analyst, who currently deals with the sell-side of

financial crisis has influenced the performance evaluation methods. PERFORMANCE EVALUATION In bank’s performance evaluation two models are used which are: 1. The accounting model: which is the traditional Financial Ratio Analysis based on historical data 2. The economic model: which comprises risk adjusted performance measures that reflects Shareholder Wealth maximization The two models are being used to complement each other. The information for performance evaluation is the financial ratio derived from

(Pope, Anderson, &Kramer, 2010). In the rest of this paper, we will first discuss the capital structure and legal structure of L3C. Then, we will give a typical L3C entity example to illustrate the benefit to both investors and social. Moreover, the last discussion will be involving some criticisms and the existing problems of the L3C. II. Capital structure A. Program-related investment (PRI) To understand the capital structure of the L3C, it’s important to understand the program-related investment