Operational risk management in banking has assumed such importance during the last decades. It has become increasingly … important to measure, manage, and assess the impact of operational risk in the economics of banking. The paper aims to … demonstrate how an effective operational risk management provides mitigating effects on Capital-at-Risk in banking. The paper …

This paper discusses the role of risk management and corporate governance as causal factors in the onset of the … risk management. We argue that this failure was a result of principal-agent problems internal to the firms and to …

aim of the study is to check if the accounting standards required by the European countries influence the number of risk …

' internal models, and a less risk-sensitive standardised approach. Using a unique dataset covering 7 million UK mortgages for … lenders to specialise. This leads to systemic concentration of high-risk mortgages in lenders with less sophisticated risk …

integration of new datasets and model validation efforts as well as the expanded use of stress-testing methodologies in risk and …

We investigate whether sovereign bond holdings of European banks are determined by a risk-return trade-off. Using data … between 2011 and 2018 for 75 European banks, we confirm that banks exhibited risk-taking behavior during the sovereign debt … by sound risk-return considerations, suggesting a lessening of the doom loop. This result is mainly driven by banks in …

alternative incentives for banks' (home) state bond holdings such as risk-shifting by banks, lending opportunities or information …

-term bondholders and (mostly) risk-taking long-term bondholders. We establish that investor demands for safety create a negative …