This paper introduces crowdfunding as a concept and model for the evolution of investment banking. Crowdfunding, an … application of crowdsourcing, is defined as one party’s attempt to finance a project by offering three types of investment …

practices of the banking and finance sector, which widely range from non-performing loans, to China’s money market and interbank … lending business. These problems also directly associate with the liberalization of the banking and finance sector of the … financial institutions, by focusing on the policy implications of the history of banking and finance in China, and what this …

Macro-stress testing studies often rely on rather short sample periods due to the limited availability of banking data …. They may fail to appropriately account for the cyclicality in the interaction between the banking system and macroeconomic … to model the interaction between the banking sector and the macroeconomy. Our identified-VAR analysis indicates that the …

portfolios. Using a new data set based on the recent EBRD Banking Environment and Performance Survey (BEPS), which was conducted …

aspects. It is demonstrated that under certain market constellations, even assuming a completely flexible collateral banking …

The widespread banking crises since 2007 among advanced economies and the “near” default of Greece in 2010 dashed the … external debt crises is a very tortuous process that sometimes takes a century or more. For banking crises, we simply do not …

We assess whether during the recent financial crisis banking systems in countries with more stringent prudential … banking regulation have proved more stable. We find indicators of regulatory strength to be relatively well correlated with … value destruction in the banking sector or by the fiscal cost of financial sector rescue. …