Regulation may impact on financial risk taking by financial intermediaries by way of the decision-making process … 2003. In the last eighteen months it was chosen in three of the most recent bank mergers in Italy (Intesa-Sanpaolo IMI … investment bank Mediobanca.It was also suggested for Assicurazioni Generali by international institutional investors. This re …

This paper examines the relationship between financial market regulation, country governance and efficiency of … scores and then Tobit estimation to analyze the impact of financial market regulations and country governance on bank …, government effectiveness is found to be positively related to bank efficiency. Consistent with economic theory, corruption is …

sweeping financial reform that followed the 2008 financial crisis, embraced clearinghouses as systemic risk managers for the … over-the-counter derivatives markets. While policymakers used clearinghouses to remove some counterparty risk from the … markets, they ended up concentrating that risk onto them, making them systemically important.This Article warns that while …

India that has both bank groups. Covering a ten-year period from 2003 to 2012 that witnessed a large number of governance … CEO duality is high. We find that a longer CEO tenure has significant positive effects on bank outcomes with these effects …

globalization, (5) systemic risk and its regulation, and (6) consumer issues and executive compensation. In each of these areas, the … industry executives, and a bank regulator convened at a recent symposium held at the Creighton University School of Law and … underlying financial regulatory reform. There was a surprising degree of agreement on a number of basic issues between the “pro-regulation …

both Basel's Pillar 3 and (in case of listed banks) the Market Abuse Regulation. Especially in the latter context, it is … under MAR. As it is apparent, this issue is highly critical when such disclosure reveals that a bank is in financial …. Moreover, the paper investigates whether, and to what extent, a single bank's stability concern can be considered as a …

This paper contributes to the debate on the adequate regulatory treatment of non-bank financial intermediation (NBFI … proverbial race between hare and hedgehog in financial regulation and demonstrate how such an approach can be implemented in … practice. We first show that regulators should primarily analyse the allocation of tail risk inherent in NBFI. Our paper …

An important question in banking is how strict supervision affects bank lending and in turn local business activity … the thrift regulator (OTS) to analyze economic links between strict supervision, bank lending and business activity. We … capital but can also correct deficiencies in bank management and lending practices, leading to more lending and a reallocation …

Consolidation in the financial industry threatens competition and increases systemic risk. Recently, banks have seen … dealt directly with each other.Yet here lies the dilemma: large clearinghouses reduce credit risk, but they heighten … systemic risk since the collapse of one such entity threatens the entire financial system. While the systemic risks posed by …