The purpose of this paper is to study the impact environmental, social, and governance (ESG) practices on banks’ reputation market performance. In particular, we aim analyse whether banks adopting ESG-compliant can reduce their reputational damage due financial sanctions increase order demonstrate effect ESG in reducing penalties imposed by supervisors for breaches regulatory requirements, anal...

In this paper, we provide a definition of Pareto equilibrium in terms of risk measures, and present necessary and sufficient conditions for equilibrium in a market with finitely many traders (whom we call “banks”) who trade with each other in a financial market. Each bank has a preference relation on random payoffs which is monotonic, complete, transitive, convex, and continuous; we show that t...

The recent activity in pension buyouts and bespoke longevity swaps suggests that a significant process of aggregation of longevity exposures is under way, led by major investment banks and buyout firms with the support of leading reinsurers. As regulatory capital charges and limited reinsurance capacity constrain the scope for market growth, there is now an opportunity for institutions that are...

Modern political economies are distinguished from each other by the institutions that mediate actors’ interactions, falling somewhere along a spectrum between pure market and non-market mechanisms. But how did these institutions originally emerge? With regard to the financial sector, I argue that higher levels of national security threats in combination with economic backwardness lead to a fina...

This paper aims to review the literature on legal protection and regulations protect financial markets from fraudulent activities, market manipulation, insider trading, crimes, other forms of misconduct. The also reviews role regulatory bodies, such as securities commissions central banks, in supervising enforcing these protections. In addition, article discusses international cooperation coord...

We introduce a central bank digital currency (CBDC) in the network of financial accounts. Simulating shift deposits by both households and non-financial corporations from banking sector to bank, we model different responses affected institutional sectors. find that introduction CBDC generates funding shortages banks, which may propagate other In addition, significant adjustments balance sheets ...

Since 1996 the Basel risk-weighting regime has been based on the distinction between the trading and the banking book. For a long time credit items have been weighted less strictly if held in the trading book, on the assumption that they are easy to hedge or sell. The Great Financial Crisis made evident that banks declared a trading intent on positions that proved difficult or impossible to sel...

ABSTRACT
 Purpose: This study aimed at determining how check-off lending, group collateral lending and mobile affects the financial performance of commercial banks in Kenya. A descriptive survey research design was employed with target population comprising 12 listed Nairobi Securities Exchange.
 Methodology: total 48 employees credit department selected bank formed respondents utiliz...