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We study the dependence between the downside risk of European banks and insurers. Since the downside risk of banks and insurers differs, an interesting question from a supervisory point of view is the risk reduction that derives from diversification within large banks and financial...
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, focusing in particular on reducing the oligopoly in the banking sector, increasing investment options by reforming its bond and …
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concluded that, in an increasingly digital world, trust will remain at the core of banking. That said, liquidity transformation … theory of banking and the literature on digital transformation. It provides an explanation for existing trends and, by … extending the theory of the banking firm, it illustrates how financial intermediation will be impacted by innovative financial …
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