While paramount to the modern economy, understanding how the banking system works has been usually cast aside from overall economic education. Even in the aftermath of the recent financial crisis, which has underlined the vital importance of banking in the economy, the workings …
While paramount to the modern economy, understanding how the banking system works has been usually cast aside from overall economic education. Even in the aftermath of the recent financial crisis, which has underlined the vital importance of banking in the economy, the workings …
Given the challenges facing Islamic banking and finance, Islamic banking is developing at a remarkable pace. In the past three decades, the number of Islamic financial institutions has grown from one in 1975 to over 300 today in more than 75 countries. However, there are relativ…
This dissertation examines whether there is empirical support for the assertion that Islamic banks are more stable than Western banks in general and more particularly during periods of financial crisis. There is relatively little empirical work done in this aspect of Islamic ban…
This book focuses on Fintech regulation in Asian, situating local developments in broader economic, regulatory and technological contexts. Over the last decade, Fintech - broadly defined as the use of new information technologies to help financial institutions and intermediaries…
In response to the Global Financial Crisis and the COVID-19 pandemic, central banks have used all available instruments in their monetary policy tool-kit to avoid financial market disruptions and a collapse in real economic activities. These actions have expanded the size of the…
This global handbook provides an up-to-date and comprehensive overview of shadow banking, or market-based finance as it has been recently coined. Engaging in financial intermediary services outside of normal regulatory parameters, the shadow banking sector was arguably a critica…
This global handbook provides an up-to-date and comprehensive overview of shadow banking, or market-based finance as it has been recently coined. Engaging in financial intermediary services outside of normal regulatory parameters, the shadow banking sector was arguably a critica…
The edited volume on The Role of Institutional Investors in a Globalized Environment will publish original papers that examine various issues concerning the strategies of institutional investors, the role of institutional investors in corporate governance, their impact on local …
Providing an introduction to the business of banking, this book covers both theoretical and applied issues relating to the global banking industry. It is organised into four main sections: introduction to banking; central banking and bank regulation; issues in bank management; a…
The global financial crisis (2007-2009) caused the most severe global economic downturn since the Great Depression and in the 10 years since, the global banking sector has witnessed an onslaught of banking scandals such as: LIBOR, FOREX, money laundering, and tax avoidance. In t…
Reviving the European securitisation market after the financial crisis? Regulation, lobbying and the public-private legitimation of finance 2018 This thesis provides a political economy analysis of the attempted legitimation and reproduction of the European securitisation market…
This thesis examines the process of European Union (hereafter EU) accession and membership on bank corporate governance structure, bank performance, bank risk, risk management and ownership structure in new EU member and candidate nations. This thesis explores whether this polit…
Since the dawn of the European Union, insurance and banking undertakings claimed to be subject to a special status vis-à-vis the application of EU competition law, due to the quasi social nature of the services they provide. Within the financial services industry, anti-trust con…
This thesis contains three empirical essays in banking. The empirical analyses focus on the role of information in banking. This will be done by analyzing the effectiveness of three types of signals that are sent by banks. The first signal is the CAMEL-type indicators that measu…
Credit Default Swaps (CDS) instruments - as an indicator of credit risk - were one of the most prominent innovations in financial engineering. Very limited literature existed on the drivers of CDS spreads before the financial crisis due to the opacity of this market and its lack…