What GoFundMe conceals: The campaigns that fail
Faran Kaplan's neighbor set up a GoFundMe page for him that raised over $100,000 after his wife was killed and other relatives injured in an accident.
Faran Kaplan's neighbor set up a GoFundMe page for him that raised over $100,000 after his wife was killed and other relatives injured in an accident.
Regulator tells CEOs it could limit ‘amount and structure’ of business to prevent rapid build-up of risk in sector
Asset manager says US regulators could enforce ownership caps, raising costs for index-tracking funds
The Governor of the Bank of England, Andrew Bailey, has today announced that Sebastian Walsh is to become the newly appointed Head of Leeds.
Retailer will create 320 rental flats and 30 affordable homes in initial project
First review of lenders’ capacity to withstand breaches comes amid rise in hacks
SYRIZA leader Stefanos Kasselakis has ousted outspoken MP Pavlos Polakis from the leftists’ parliamentary group following another outburst from the Cretan politician, but only time will tell if this is a key juncture in the nascent leader’s efforts to gain full control of the opposition grouping or whether it is just another episode in the ongoing saga of the party’s existential crisis.
In the aftermath of the European sovereign debt crisis, the question of who should bear the burden of banking crises has been a cornerstone of the new supervisory framework in Europe. We evaluate the bail-in regulation (BRRD) for bank bond holdings using a proprietary database covering holdings of all euro-denominated securities. We focus on hard-to-value bailinable bank bonds and show that banks increased their holdings of bailinable bank bonds while households and non-financial corporations reduced their holdings of bailinable bonds issued by riskier banks.
We study the heterogeneous pass-through of carbon pricing on investment across firms. Using balance sheet data of 1.2 million European firms and identified carbon policy shocks, we find that higher carbon prices reduce investment, on average. However, less carbon-intensive firms and sectors reduce their investment relatively more compared to otherwise similar firms after a carbon price tightening shock. Following carbon price tightening, firms in demand-sensitive industries see a relative decrease not only in investment but also in sales, employment and cashflow.
In the aftermath of the European sovereign debt crisis, the question of who should bear the burden of banking crises has been a cornerstone of the new supervisory framework in Europe. We evaluate the bail-in regulation (BRRD) for bank bond holdings using a proprietary database covering holdings of all euro-denominated securities. We focus on hard-to-value bailinable bank bonds and show that banks increased their holdings of bailinable bank bonds while households and non-financial corporations reduced their holdings of bailinable bonds issued by riskier banks.