Curbing Shocks to Corporate Liquidity: The Role of Trade Credit -- by Niklas...
Using data on exogenous liquidity losses generated by the fraud and failure of a cash-in-transit firm, we demonstrate a causal impact on firms' trade credit usage. We find that firms manage liquidity...
View ArticleQuantitative Easing and Financial Stability -- by Michael Woodford
The massive expansion of central-bank balance sheets in response to recent crises raises important questions about the effects of such "quantitative easing" policies, both their effects on financial...
View ArticleDurability, Deadline, and Election Effects in Bargaining -- by Alp Simsek,...
We propose a tractable model of bargaining with optimism. The distinguishing feature of our model is that the bargaining power is durable and changes only due to important events such as elections....
View ArticleDoes Easing Monetary Policy Increase Financial Instability? -- by Ambrogio...
This paper develops a model featuring both a macroeconomic and a financial friction that speaks to the interaction between monetary and macro-prudential policy and to the role of U.S. monetary and...
View ArticleMultiple Equilibria in Open Economy Models with Collateral Constraints:...
This paper establishes the existence of multiple equilibria in infinite-horizon open- economy models in which the value of tradable and nontradable endowments serves as collateral. In this environment,...
View ArticleHong Kong's Securities And Futures Commission Obtains Disqualification Orders...
The Securities and Futures Commission (SFC) has obtained disqualification orders in the Court of First Instance against three former senior executives of China Best Group Holding Limited (China Best)...
View ArticleESMA Publishes Updated EUSEF And EUVECA Q&A
The European Securities and Markets Authority (ESMA) has published an updated questions and answers document (Q&A) on the application of the European Social Entrepreneurship Funds (EuSEF) and the...
View ArticleHong Kong's Securities And Futures Commission Reprimands And Fines...
The Securities and Futures Commission (SFC) has reprimanded SynerWealth Financial Limited (SynerWealth) and fined it $2.7 million for internal control failures relating to short selling orders and for...
View ArticleSpecialists vs. Generalists: How Do They Fare in the Labor Market?
Tulane Professor Jennifer Merluzzi and Columbia Professor Damon Phillips have conducted some interesting new research on the labor market for graduates from top MBA programs. They studied...
View ArticleTransaction Successfully Completed: PXE Joins EEX Group
Following the successful completion of the transaction, Prague-based POWER EXCHANGE CENTRAL EUROPE (PXE) has now officially joined EEX Group.As of today, EEX will become the new majority shareholder,...
View ArticleBNY Mellonâs HedgeMark Implements Axioma Risk⢠As Its...
Axioma, a provider of innovative risk and portfolio management solutions, announced that HedgeMark International, LLC has completed the implementation of Axioma Risk™. HedgeMark, a BNY Mellon company,...
View ArticleVisible Alpha Recognized As Top Winner Of 2016 Benzinga Fintech Awards
Visible Alpha, LLC, an investment research technology firm, has been awarded First Place Overall Winner of the 2016 Benzinga Fintech Awards for its innovative research and analysis platform, and the...
View ArticleMNI Chicago Business Barometer: May Chicago Business Barometer Down 1.1...
The MNI Chicago Business Barometer fell 1.1 points to 49.3 in May from 50.4 in April, the lowest level since February and the sixth time it has been in contraction over the past 12 months. read more...
View ArticleDespite Positive Outlook, New Research From State Street Reveals Asset...
New research from State Street Corporation (NYSE:STT) on blockchain, the distributed ledger that maintains a continuously growing list of data records which are hardened against tampering and revision,...
View ArticleGulf Bank Kuwait First In Region To Use Biometrics For Digital Banking -...
Daon and Gulf Bank Kuwait announced today their partnership in providing biometric authentication within Gulf Bank Kuwait's new mobile banking application. Daon's IdentityX® Platform enables Gulf Bank...
View ArticleEBA And EIB Discuss Opportunities And Challenges Of Synthetic Securitisation...
On 31 May 2016, the European Banking Authority (EBA) and the European Investment Bank Group (European Investment Bank and European Investment Fund) hosted a seminar to discuss opportunities and...
View ArticleACER Finds Still Contractual Congestion In European Gas Networks
Contractual congestion, a situation where firm capacity demand exceeds the technical capacity, has been detected at 17% of the entry and exit sides at interconnection points across the EU. The Agency’s...
View ArticleThomson Reuters Survey Reveals More Than Half Of Financial Institutions Are...
More than 50 percent of senior executives from multinational financial firms are concerned non-compliance with the Foreign Account Tax Compliance Act (FATCA) and Common Reporting Standard (CRS)...
View ArticleQatar Stock Exchanges Stresses The Importance Of Disclosure And Transparency...
Qatar Stock Exchange (QSE) today held the 2nd Annual Consultative Meeting on Disclosure Procedures with the participation of representatives from the Qatar Financial Markets Authority (QFMA) and the...
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