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Bank regulators interfere with the efficient allocation of resources for the sake of financial stability. Based on this …
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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...
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regulation than for other banks and firms. Over a longer twenty-year horizon, we find that changes in the systematic risk of bank …
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