Showing 1 - 10 of 4,439
CCPs; and the implications for bank, insurer and asset manager business models, in particular whether Brexit would act as a …
Persistent link: https://www.econbiz.de/10011985209
CCPs; and the implications for bank, insurer and asset manager business models, in particular whether Brexit would act as a …
Persistent link: https://www.econbiz.de/10011712197
We analyze the effect of mandatory financial transparency on corporate tax avoidance. Capital Requirements Directive IV by the European Commission required multinational banks to publish key financial and tax data in the form of public Country-by-Country Reporting. We examine tax avoidance of...
Persistent link: https://www.econbiz.de/10012853394
recourse to central bank finance is rather limited and does not affect the risk-taking behaviour of banks in a non … capitalised banks, a kind of "hidden moral suasion" or "home-biased" gambling for resurrection to actively push the sovereign-bank …
Persistent link: https://www.econbiz.de/10012268051
-tested firms as well as other, non-stress-tested banking companies. Although standard event studies do not always show abnormal … cumulative abnormal returns (|CAR|) of stress-tested bank holding companies averages almost 3 percent. Cumulative abnormal …
Persistent link: https://www.econbiz.de/10011342852
This paper seeks to understand the interplay between banks, bank regulation, sovereign default risk and central bank … guarantees in a monetary union. I assume that banks can use sovereign bonds for repurchase agreements with a common central bank … cheaply, effectively shifting the risk of some of the potential sovereign default losses on the common central bank. …
Persistent link: https://www.econbiz.de/10009786077
We develop a two-country DSGE model with global banks to analyze the role of crossborder banking flows on the … targets non-core liabilities makes the domestic economy resilient to the volatility of cross-border banking flows and makes …
Persistent link: https://www.econbiz.de/10011483678
On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame … Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial … College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …
Persistent link: https://www.econbiz.de/10011557140
This paper examines the treatment of sovereign debt exposure within the Basel framework and measures the impact of bank … regulation on the demand of Monetary Financial Institutions (MFI) for marketable sovereign debt. Our results suggest that bank …
Persistent link: https://www.econbiz.de/10010459905
Many emerging markets have undertaken significant financial sector reforms especially in their banking sectors that … success of banking reforms in India where significant banking reforms have been introduced since 1990s. Using the argument … that well-functioning credit markets would reflect a bank channel for monetary policy at work, we test whether a change in …
Persistent link: https://www.econbiz.de/10011493763