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Long description: This dissertation contributes to the theoretical and to the empirical literature on the relationship of banks and financial markets. The first two chapters consist of two theoretical studies which use different approaches to model the interaction of banks in the interbank market where liquidity is traded among banks in bilateral transactions. In the third chapter an empirical study assesses the degree of market discipline in the bank bond market which is an important source of debt-financing for banks. In the first chapter a heterogeneous banking sector is incorporated into a dynamic, stochastic, general equilibrium framework with financial frictions to analyze the effects of a central bank's collateral policy on interbank lending volumes. In the second chapter a partial equilibrium model of a bank's lending decision in the interbank market is developed. If lenders are assumed to possess only imperfect information about individual borrower characteristics there exists a relationship between the uncertainty about counterparty risk and the level of interbank lending activity. In the third chapter a panel data set of bank bond spreads and bank-specific risk factors is constructed and a structural break analysis is employed to assess the sensitivity of a bank's funding costs in the bond market to changes in its balance sheet risk.

Banks and banking --- Securities processing.

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Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) - Materials Concerning Staff Progress Towards the Development of a Comprehensive AML/CFT Methodology and Assessment Process.

Evaluation --- Banks and banking --- Methodology. --- Securities processing.

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Banks and banking. --- Banks and banking --- Securities processing.

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Investments. --- Government securities. --- Banks and banking --- Securities processing.

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As economic and regulatory pressures drive financial institutions to seek efficiency gains by improving the quality of their trading processes and systems, firms are devoting increasing amounts of capital to maintaining their competitive edge. Straight-Through Processing (STP), which automates every step in the trading system, is the most effective way for firms to remain competitive. According to the Securities Industry Association, the US securities industry will spend 8 billion to implement STP initiatives, and 99% percent of this investment will be made in systems internal to the firm.

Banks and banking --- Clearing of securities. --- Financial services industry --- Securities processing. --- Technological innovations. --- Clearance of securities --- Clearing of stocks --- Settlement of securities --- Stock clearing --- Securities processing services of banks --- Clearinghouses (Banking) --- Securities --- Clearing of securities --- Securities processing --- Customer services