This note presents the impact of the COVID-19 pandemic on bank subordinated bonds. Using weekly data for the period 10/1/2020-12/3/2021 of 14 US, UK, Spanish, Italian, German, and Canadian banks this note provides empirical evidence that the health risk due to the COVID-19 increases the bank...

The Russo-Ukrainian war is the dominant issue of 2022 worldwide. The consequences of this war are not limited only to the countries that clash at the battle fields, but also spread through the whole world, because these countries are large exporters of oil, wheat, and natural gas. In this note,...

This note shows that the effective response of a country in its battle against COVID-19 influences the exchange rate of its currency. Particularly, we examine the GBPUSD, AUDUSD and AUDGBP pairs of currency during the COVID-19 outbreak and the results show that the domestic currency of the...