January 2022: New ESRB Report – ASC publishes report on digitalisation and the future of banking

by the ESRB In a new report entitled “Will video kill the radio star?”, the ESRB’s Advisory Scientific Committee (ASC) takes stock of the many forces currently affecting Europe’s banking system (including climate change, the growth of non-banks, overbanking and the COVID-19 pandemic) and looks at how digitalisation could change the way that financial and[…]

CEPR Discussion Paper: A Theory of the Boundaries of Banks with Implications for Financial Integration and Regulation

Author(s): Falko Fecht, Roman Inderst, Sebastian Pfeil Date: January 2022 Abstract: We offer a theory of the “boundary of the firm” tailored to banks as it builds on a single risk-shifting inefficiency and takes into account interbank lending, as an alternative to integration, and insured deposit financing. It explains why deeper economic integration should cause also[…]

CEPR Discussion Paper – Spillovers at the Extremes: The Macroprudential Stance and Vulnerability to the Global Financial Cycle

Author(s): Anusha Chari, Karlye Dilts Stedman, Kristin Forbes Date: January 2022 Abstract: The effects of macroprudential policy on portfolio flows vary considerably across the global financial cycle. A tighter ex-ante macroprudential stance amplifies the impact of global risk shocks on bond and equity flows, increasing outflows significantly more during risk-off episodes and increasing inflows significantly more[…]

CEPR Discussion Paper: Voluntary Support and Ring-Fencing in Cross-border Banks

Author(s): Gyöngyi Lóránth, Anatoli Segura, Jing Zeng Date: January 2022 Abstract: We study supervisory interventions in cross-border banks under different institutional architectures in a model in which a bank may provide voluntary support to an impaired subsidiary using resources in a healthy subsidiary. While a supranational architecture permits voluntary support, a national architecture gives rise to[…]

Systemic risks and policies to address them in non-bank financial intermediation (NBFI)

CfP Deadline Date: March 31, 2022 Conference Event: June 8-9, 2022 Event Location: Basel, Switzerland and online Organizer(s): Financial Stability Board (FSB) The financial market turmoil in March 2020, brought about by the COVID-19 shock, underscored the need to strengthen resilience in the non-bank financial intermediation (NBFI) sector. The Financial Stability Board (FSB) is coordinating[…]

Conference on Ageing and Sustainable Finance

CfP Deadline Date: January 31, 2022 Conference Event: April 6-8, 2022 Event Location: Online Keynote speaker(s): Koen Schoors (Ghent University) Organizer(s): ZEW Mannheim Long-term trends like demographic change and climate change pose major challenges for the sustainability and stability of financial markets. For households, firms and financial institutions these entail far-reaching implications with regard to[…]

NEOMA Business School Conference on Sustainable Finance

CfP Deadline Date: February 28, 2022 Conference Event: May 20, 2022 Event Location: Paris, France Keynote speaker(s): Prof. Jean-Charles Rochet, University of Geneva and the Swiss Finance Institute Organizer(s): NEOMA Business School The sustainable finance market has experienced exponential growth, reaching USD 2.3 trillion of sustainable debt outstanding at the end of September 2021 with[…]

BCBS-CGFS Conference

CfP Deadline Date: January 31, 2022 Conference Event: May 10-11, 2022 Event Location: Basel, Switzerland and online Organizer(s): The Basel Committee on Banking Supervision (BCBS), and The Committee on the Global Financial System (CGFS) Many countries implemented exceptional policy measures to support bank lending during the Covid-19 crisis. Some policy measures were intended to strengthen[…]

11th International Conference of the Financial Engineering and Banking Society

CfP Deadline Date: January 31, 2022 Conference Event: June 10-12, 2022 Event Location: Portsmouth, United Kingdom Keynote speaker(s): Mariassunta Giannetti, Stockholm School of Economics, Sweden Marcin Kacperczyk, Imperial College London, UK Organizer(s): Portsmouth Business School (University of Portsmouth, UK) and the Montpellier Business School (France) The 11th International Conference of the Financial Engineering and Banking[…]

2022 China International Conference in Finance

CfP Deadline Date: February 13, 2022 Conference Event: July 5-8, 2022 Event Location: Shanghai, China and Online Keynote speaker(s): Lars Peter Hansen (University of Chicago) Organizer(s): Sloan School of Management, Massachusetts Institute of Technology, Shanghai Advanced Institute of Finance (SAIF), and Shanghai Jiao Tong University The China International Conference in Finance (CICF) provides an open[…]