Before deregulation of European financial markets in 1987 - then a partner of a sovereign "Bankierhaus / Maison des Banquiers / Acceptance-/ Merchant Banking-house" would act as a confidant or a trustee/fiduciary at arm's length to other roles in financial markets; e.g. insurers, trading houses, brokers, clearing-banks and asset managers. Bankier-houses were pivotal to international financial centers - like Hamburg, Amsterdam, Paris and London. During more than two centuries they had developed and practiced a strict code for fit and proper conduct, which had resulted in positioning, overview and legitimacy to peg specific prices - and to arbitrate. Whenever this code of conduct was broken, then the responsible parties were punished.
Look to the Postscript of this Page on Trust - with a historic, systemic and resource-based perspective.
After the deregulation the list of relationships at a Bankier-house became valuable to multi-role financial groups with cross-selling strategies stimulated by internal bonus schemes. Today there are few independent Bankier-houses left - except in "Vermögensverwaltung / Gestion de Fortune / Wealth Management".
Bankier.co was initiated in 1988 as a supplementing alternative to the emerging multi-role financial groups, security brokerages as well as asset- and fund management companies - by focusing on the needs of owners/enterprisers and investors of the real economy in maritime regions. Look for more info on the Page: "Alliances, RNPs & Bankier.co".
National authorities have tended to favor illegally the business models of the financial industry's incumbents. Therefore, Small and Mid-sized Enterprises (SMEs) without "Names" in media and markets have become underserved. That has resulted in damages and complaints.
"National Remedy" and "the Principle of State Liability" have so far been ignored in most cases. After the economic crises of 2007-2009 real financial reforms with social impact should have happened. Illegal favoring could have been stopped - likwise collusion - by a ban on cross-selling strategies stimulated by internal bonus schemes.
Bankier.co participated in HBS.edu New Venture Competition (NVC) 2017 with the entry: “A Social Enterprise for Impact Investing – organized as a Collaborative Value Network (CVN)”.
We got a positive response from a Global Industrial Group. Unfortunately, it was thereafter attacked by a Vulture Fund. More details follow below.
A new NVC-entry 2021 added to the Pitch Deck: "Boosted by Fintech".
The expectations were low before submitting the entry on January 8, 2021. But, it is important to present an alternative to "Vulture-funds" - e.g. to challenge a "2/20-remuneration-formula", which benefits primarily the General Managers. Bankier.co's alternative can- and will build REACH beyond the financial economy - into the real economies of maritime regions.
Look to the Pages: "Networking in Maritime Regions" - and: "Stances on Private Equity".
The CVN-Approach for Impact Investing has a “No-Group-Structure”, which combines a business- and an open ownership-model. Bankier.co invites stakeholder-profiles, who set "Purpose before Profit". These wanted stakeholders are:
During- and after the COVID-pandemic the authorities should focus on needs of the real economy and behavior by "nudging" and general policies as well as pro-active measures and institutional changes - e.g. a Green Shift based on Green Pricing for a more Circular Economy
There are National Plans for the Climate and the Environments. However, there is not a framework for a general, fair play "Green Pricing", i. e. to tax- and/or stimulate actual use of resources and technical standards.
EU Classification of Taxonomy, i.e. whether economic activities are sustainable or not, has 6-six criteria. An EU-Regulation requires publishing of information on investments' sustainability to investors by the financial sector.
Before July 17, 2021 the European countries shall implement an EU Directive 2019-1023 concerning restructuring, insolvency and discharge of debt. That will require preparations - e.g. setting up specialized courts for pro-active restructuring and resource-conflicts. Access to liquidity must be available by an insurance arrangement based on Public- and Private Cooperation (PPC) as one measure of a reform for debt relief as well as effective, pro-active restructuring and reorganization.
For more details look to the Page: "Restructuring and Reorganization", the Page: "Financial Reform" and the Page: "Focus on the Real Economy and Institutional Changes".
A brief on the Regional Network Partners & Associates - the franchisees of Bankier.co
They practice a single-role as confidants or trustees/fiduciaries - and offer a value proposition to a new relationship after a dialogue - e.g. on how to become better prepared to meet markets. The needs of owners/enterprisers and investors are similar everywhere - especially in maritime regions. RNPs focus on these needs and are "wedges" for impartiality by separating roles in markets and industries. There is no hidden agenda and/or carried interest. Relations are built on trust. RNPs build network and competency in maritime regions. They offer deliberations on vital dispositions; such as Pro-Active Restructuring and Reorganization (PARR) - e.g. by altering use of assets to strengthen access to equity capital and/or mezzanine financing.
Please find information below on "Owner-/enterpriser dynamics" in English, French, German and Scandinavian - as well as "Stances on Private Equity" and "Focus on the Real Economy and Institutional Changes" (ca. 800 words).
To initiate a mutual exchange of information contact Bankier.co's e-mail address: steco@bankier.co
A Postscript on Trust - with a historic, systemic and resource-based perspecitive
Trust can prevail by Collaboration, Impartiality, Transparency, Pro-Active Restructuring - and Cyber-secure Fintech
2021: An era of poor credit extension based on collateral can be over in EU/EEA - subject to a debt relief reform...
2017: Cyber-secure Fintech can scale-up collaborative value networks for self-directed participants...
1999: The Repeal of US Glass-Steagall Act resulted in favoring, collusion and a financial crisis (2008)
1993: The use of Internet grew exponentially by 3G. But, it also resulted in a Dot.com-bubble (2000)
1987: City of London abolished its divide between roles – e.g. acceptance houses and clearing banks
1700: Northern Europe expanded by use of checks, acceptances and charging interest - based on trust
1400: The Catholic Church favored the powerful by a ban on charging interest - like other orthodoxies…
Look to the Postscript of this Page on Trust - with a historic, systemic and resource-based perspective.
After the deregulation the list of relationships at a Bankier-house became valuable to multi-role financial groups with cross-selling strategies stimulated by internal bonus schemes. Today there are few independent Bankier-houses left - except in "Vermögensverwaltung / Gestion de Fortune / Wealth Management".
Bankier.co was initiated in 1988 as a supplementing alternative to the emerging multi-role financial groups, security brokerages as well as asset- and fund management companies - by focusing on the needs of owners/enterprisers and investors of the real economy in maritime regions. Look for more info on the Page: "Alliances, RNPs & Bankier.co".
National authorities have tended to favor illegally the business models of the financial industry's incumbents. Therefore, Small and Mid-sized Enterprises (SMEs) without "Names" in media and markets have become underserved. That has resulted in damages and complaints.
"National Remedy" and "the Principle of State Liability" have so far been ignored in most cases. After the economic crises of 2007-2009 real financial reforms with social impact should have happened. Illegal favoring could have been stopped - likwise collusion - by a ban on cross-selling strategies stimulated by internal bonus schemes.
Bankier.co participated in HBS.edu New Venture Competition (NVC) 2017 with the entry: “A Social Enterprise for Impact Investing – organized as a Collaborative Value Network (CVN)”.
We got a positive response from a Global Industrial Group. Unfortunately, it was thereafter attacked by a Vulture Fund. More details follow below.
A new NVC-entry 2021 added to the Pitch Deck: "Boosted by Fintech".
The expectations were low before submitting the entry on January 8, 2021. But, it is important to present an alternative to "Vulture-funds" - e.g. to challenge a "2/20-remuneration-formula", which benefits primarily the General Managers. Bankier.co's alternative can- and will build REACH beyond the financial economy - into the real economies of maritime regions.
Look to the Pages: "Networking in Maritime Regions" - and: "Stances on Private Equity".
The CVN-Approach for Impact Investing has a “No-Group-Structure”, which combines a business- and an open ownership-model. Bankier.co invites stakeholder-profiles, who set "Purpose before Profit". These wanted stakeholders are:
- Alliances, who can choose co-opetition to achieve innovation - to benefit customers and customers’ customers;
- Regional Network Partners (RNPs), who are single-role trustees/fiduciaries in the ecosystem of maritime regions + hinterlands. They will separate the roles of markets - and ask for verification from independent expertise;
- Self-directed Capital Partners - the future majority-owners of the CVN - to assemble strengths and spread risk to build capacity - to facilitate pro-active restructuring of- and capital formation to viable and sustainable activities.
During- and after the COVID-pandemic the authorities should focus on needs of the real economy and behavior by "nudging" and general policies as well as pro-active measures and institutional changes - e.g. a Green Shift based on Green Pricing for a more Circular Economy
There are National Plans for the Climate and the Environments. However, there is not a framework for a general, fair play "Green Pricing", i. e. to tax- and/or stimulate actual use of resources and technical standards.
EU Classification of Taxonomy, i.e. whether economic activities are sustainable or not, has 6-six criteria. An EU-Regulation requires publishing of information on investments' sustainability to investors by the financial sector.
Before July 17, 2021 the European countries shall implement an EU Directive 2019-1023 concerning restructuring, insolvency and discharge of debt. That will require preparations - e.g. setting up specialized courts for pro-active restructuring and resource-conflicts. Access to liquidity must be available by an insurance arrangement based on Public- and Private Cooperation (PPC) as one measure of a reform for debt relief as well as effective, pro-active restructuring and reorganization.
For more details look to the Page: "Restructuring and Reorganization", the Page: "Financial Reform" and the Page: "Focus on the Real Economy and Institutional Changes".
A brief on the Regional Network Partners & Associates - the franchisees of Bankier.co
They practice a single-role as confidants or trustees/fiduciaries - and offer a value proposition to a new relationship after a dialogue - e.g. on how to become better prepared to meet markets. The needs of owners/enterprisers and investors are similar everywhere - especially in maritime regions. RNPs focus on these needs and are "wedges" for impartiality by separating roles in markets and industries. There is no hidden agenda and/or carried interest. Relations are built on trust. RNPs build network and competency in maritime regions. They offer deliberations on vital dispositions; such as Pro-Active Restructuring and Reorganization (PARR) - e.g. by altering use of assets to strengthen access to equity capital and/or mezzanine financing.
Please find information below on "Owner-/enterpriser dynamics" in English, French, German and Scandinavian - as well as "Stances on Private Equity" and "Focus on the Real Economy and Institutional Changes" (ca. 800 words).
To initiate a mutual exchange of information contact Bankier.co's e-mail address: steco@bankier.co
A Postscript on Trust - with a historic, systemic and resource-based perspecitive
Trust can prevail by Collaboration, Impartiality, Transparency, Pro-Active Restructuring - and Cyber-secure Fintech
2021: An era of poor credit extension based on collateral can be over in EU/EEA - subject to a debt relief reform...
2017: Cyber-secure Fintech can scale-up collaborative value networks for self-directed participants...
1999: The Repeal of US Glass-Steagall Act resulted in favoring, collusion and a financial crisis (2008)
1993: The use of Internet grew exponentially by 3G. But, it also resulted in a Dot.com-bubble (2000)
1987: City of London abolished its divide between roles – e.g. acceptance houses and clearing banks
1700: Northern Europe expanded by use of checks, acceptances and charging interest - based on trust
1400: The Catholic Church favored the powerful by a ban on charging interest - like other orthodoxies…