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uneven playing field enables non-bank FinTech firms to challenge banks for specific products whose success is not tied to …
Persistent link: https://www.econbiz.de/10012120303
The urgency of estimating the impact of climate risks on the financial system is increasingly recognized among scholars and practitioners. By adopting a network approach to financial dependencies, we look at how climate policy risk might propagate through the financial system. We develop a...
Persistent link: https://www.econbiz.de/10012855741
The organizational structure of financial conglomerates gives rise to fundamental regulatory challenges. Legally, the structure subjects firms to multiple, incompatible client duties. Practically, the structure provides firms with a huge reservoir of non-public information that they may use to...
Persistent link: https://www.econbiz.de/10012856848
The provision of assets by the banking sector in 2019 remained rather squared. Given the fact that economic subjects kept confidence in the banking sector, the lending institutions went on a resource base binge by using traditional tools—taking household and corporate funds on deposits....
Persistent link: https://www.econbiz.de/10012839432
Return on assets of the Russian banks at 2019-end has significantly increased despite a slide in bank margin and … for loan loss accounting. In 2019 as a whole, bank assets' growth rates have decreased …
Persistent link: https://www.econbiz.de/10012839451
through non-bank lenders only involved in pre-IPO financing yields a long-run advantage to investors in affiliated funds … shares by main bank underwriters. Financial conglomerates have helped many small firms go public and stay in the market, even …
Persistent link: https://www.econbiz.de/10012929350
This paper is a review of fintech and its interaction with banking. Included in fintech are innovations in payment systems (including cryptocurrencies), credit markets (including P2P lending), and insurance, with blockchain-assisted smart contract playing a role. The paper provides a definition...
Persistent link: https://www.econbiz.de/10012893090
data indicate that bank failures in a county are associated with a reduction in debt and rewards crowdfunding, and total … crowdfunding (including donations and rewards as well, however, bank failures are statistically unrelated to those types of … crowdfunding in our empirical setting). The data are consistent with bank failures being associated with a reduction in the …
Persistent link: https://www.econbiz.de/10012896639
return of the banks of first and second group in Bulgaria which measure bank efficiency. The purpose of the study is to … analyze the bank efficiency for the period 2008–2015 on the basis of a ratio analysis and determination of specific values for …
Persistent link: https://www.econbiz.de/10012956256
In this paper, we propose a state-dependent sensitivity VaR (SDSVaR) to quantify the size and duration of risk spillovers among financial institutions. We permit spillover effects to change depending on the state of financial markets. We show that while small during calm times, equivalent shocks...
Persistent link: https://www.econbiz.de/10013038459