This paper examines the expansion of credit in the UK over the years 1997-2007 and the subsequent loan losses on UK sterling lending. This was a substantial credit expansions especially in lending secured on property. This led to only relatively modest losses for UK banks on residential mortgage...

This paper investigates the relationship between bank capital ratios and lending rates using data from 1998 to 2012 for 13 large banks accounting for 75% of total UK lending. We document a substantial change in the coefficient of the Tier 1 capital ratio in reduced-form regressions for secured...

We examine the global legal entity identifier (LEI) system for the identification of participants in financial markets. Semi-structured interviews with data professionals revealed the many ways in which the LEI can improve both business process efficiency, and counterparty and credit risk...

The global legal entity identifier (LEI) system is a recently launched standard for unique, universal and unambiguous identification of financial market participants endorsed by the leadership of the G20 and supported by the Financial Stability Board and financial regulators in all the major...