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...

Litigation against a bank is indicative of misconduct risk because it suggests a failure to process customer complaints (EBA, 2014). This study examines the relationship between certain features of banks and potential and actual misconduct based on a panel of complaints submitted to the Italian...