Liikanen, Vickers, and Volcker all question current banking-trading links. This chapter offers analytic scaffolding for thinking about the separation of banking and trading. Banking generates low risk returns from relationship-based activities; trading generates high-risk returns from short-term concentrated positions. The two are linked since trading allows banks to profit from the ‘spare’ banking capital, but deeper financial markets magnify problems of managing and regulating trading by banks
Abstract: The financial crisis has been attributed partly to perverse incentives for traders at bank...
This paper analyses the question of financial risk in the relation between the banks and the firms: ...
We analyse risk-taking behaviour of banks in the context of spatial competition. Banks mobilise unse...
Liikanen, Vickers, and Volcker all question current banking-trading links. This column offers analyt...
We study the interaction between relationship banking and short-term arm’s length activities of bank...
We study the interaction between relationship banking and short-term, scalable arm’s length finance ...
In this study, we analyze the trading behavior of banks with lending relationships. We combine detai...
In the wake of the recent financial crisis, significant regulatory actions have been taken aimed at ...
This paper provides an empirical analysis of the risk of trading revenues of U.S. commercial banks. ...
With a fair share of the blame for the subprime crisis pointing to banks' extensive involvement in t...
The structure of the financial services industry is in flux. Liberalization, deregulation, and advan...
We examine two aspects of bank risk with an emphasis on the interaction between them. Moreover, thro...
This paper analyzes the relationship between banks’ divergent strategies toward specialization and d...
There is an ongoing debate about the economic implications of excessive bank risk-taking and profita...
The increasingly competitive environment poses challenges to bankers. This paper emphasizes relation...
Abstract: The financial crisis has been attributed partly to perverse incentives for traders at bank...
This paper analyses the question of financial risk in the relation between the banks and the firms: ...
We analyse risk-taking behaviour of banks in the context of spatial competition. Banks mobilise unse...
Liikanen, Vickers, and Volcker all question current banking-trading links. This column offers analyt...
We study the interaction between relationship banking and short-term arm’s length activities of bank...
We study the interaction between relationship banking and short-term, scalable arm’s length finance ...
In this study, we analyze the trading behavior of banks with lending relationships. We combine detai...
In the wake of the recent financial crisis, significant regulatory actions have been taken aimed at ...
This paper provides an empirical analysis of the risk of trading revenues of U.S. commercial banks. ...
With a fair share of the blame for the subprime crisis pointing to banks' extensive involvement in t...
The structure of the financial services industry is in flux. Liberalization, deregulation, and advan...
We examine two aspects of bank risk with an emphasis on the interaction between them. Moreover, thro...
This paper analyzes the relationship between banks’ divergent strategies toward specialization and d...
There is an ongoing debate about the economic implications of excessive bank risk-taking and profita...
The increasingly competitive environment poses challenges to bankers. This paper emphasizes relation...
Abstract: The financial crisis has been attributed partly to perverse incentives for traders at bank...
This paper analyses the question of financial risk in the relation between the banks and the firms: ...
We analyse risk-taking behaviour of banks in the context of spatial competition. Banks mobilise unse...