This book provides a detailed analysis of the main innovations and impacts associated with the package of European legislation comprising MiFID II and MiFIR, which constitutes a pillar of the EU’s “single rulebook” for financial regulation. Adopting a research-oriented approach, the...

In this paper, we propose a measure of the risk appetite of a bank's ownership structure and investigate whether ownership risk propensity is correlated with performance and default risk. Our indicator, the Risk-Weighted Ownership (RWO), assumes that credit risk is a proxy for the risk appetite...

This paper investigates how banks react to digital transformation outsourcing innovative activities. We provide evidence on the drivers of investment in FinTech firms (FCTs) made up by banks especially in terms of deal and investors characteristics. We also asses the grade of the investment...

Attributing ratings to the top-20 owners, we construct a Risk-Weighted Ownership index (RWO) to measure the profitability and risk-taking behaviour of the ownership structure at banks. Collecting data from 19 European countries plus the UK over the 2008-2017 period, preliminary results show...

Attributing ratings to the top-20 owners, we construct a Risk-Weighted Ownership index (RWO) to measure the profitability and risk-taking behaviour of the ownership structure at banks. Collecting data from 19 European countries plus the UK over the 2008-2017 period, preliminary results show...

Attributing ratings to the top-20 owners, we construct a Risk-Weighted Ownership index (RWO) to measure the profitability and risk-taking behaviour of the ownership structure at banks. Collecting data from 19 European countries plus the UK over the 2008-2017 period, preliminary results show...

Background. By decoupling economic growth from an intensive use of resources, preventing the impairment of natural capital, and enhancing resilience to system-wide shocks, Circular Economy (CE) is a powerful opportunity for economic agents willing to hedge against “sustainability” risk...

Despite the U.K. withdrawing from the European Union (so-called Brexit), the latter's financial law still retains a remarkable footprint of British legilsation. This book chapter explores the way whereby such influence came forward in the past, highlights that still is quite tangible to-day and...