Overleveraging of the banking sector has been considered as one of the main causes of the 2007-09 financial crisis and the subsequent great recession. It was also of major concern for the subsequent BIS regulatory policies resulting in Basel III and its request for higher capital requirements....

We study the extent to which the impact of tail risk spillovers, originating in the financial sector and affecting real-economy firms, depends on the level of cash holdings and the financial conditions of the firm. Empirical evidence on 4,320 firms located in 16 European countries, from 2003 to...

We analyse how the future real economic activity is discounted to the current value of stocks in the US and European markets, and find that the extraordinary threat on future real GDP growth caused by the COVID-19 pandemic was obviously one of the main factors that affected the deep dive in the...

1. Risk management and cyber risk in the financial services sectors : an overview / Ruth Taplin -- 2. A taxonomy of cyber crime in the financial sector : a comprehensive approach to countermeasures / Monica Lagazio -- 3. Big data analytic tooling and cyber risk management / Cint Kortmann -- 4....