The importance of the SSM’s fitness and propriety work for banks’ performance – evidence from 10 years of SSM work

In this paper, we empirically investigate how suitability concerns detected by the SSM in the fitness and propriety of management body appointees impact the performance of European banks in the period 2014-2023. We provide evidence that management body appointees where the assessment of the supervisory authorities raised concerns, had a negative impact on the bank’s future performance. The negative effect can be attributed to appointees where the supervisory assessment revealed such severe concerns that ancillary measures were imposed.

The importance of the SSM’s fitness and propriety work for banks’ performance – evidence from 10 years of SSM work

In this paper, we empirically investigate how suitability concerns detected by the SSM in the fitness and propriety of management body appointees impact the performance of European banks in the period 2014-2023. We provide evidence that management body appointees where the assessment of the supervisory authorities raised concerns, had a negative impact on the bank’s future performance. The negative effect can be attributed to appointees where the supervisory assessment revealed such severe concerns that ancillary measures were imposed.

‘Greenhushing’ is a trend that leaves businesses downplaying their environmental wins

Cast Of Thousands/ShutterstockThese days, institutions and companies love to announce what they’re doing to tackle the climate crisis. Terms like “sustainable”, “environmentally friendly” and “low-carbon” are often used to trumpet messages about production and consumption. But in reality, the claims are not always accompanied by real, effective action – a shady practice known as greenwashing.

Impostor syndrome: the cost of being ‘superwoman’ at work and beyond

Nowadays, media often celebrate the “girlboss” – the entrepreneur who works 80-hour weeks to build her brand and success – while corporate campaigns show women who “lean in” in the boardroom and maintain flawless family lives. These cultural ideals create the illusion that women in leadership are more empowered than ever. However, our research shows that some of them feel exhausted, constrained by expectations, and pressured to embody an ideal that leaves little space for vulnerability.

Stylized facts in money markets: an empirical analysis of the eurozone data

Using the secured transactions recorded within the Money Markets Statistical Reporting database of the European Central Bank, we test several stylized facts regarding the interbank market of the 47-largest banks in the eurozone. We observe that the surge in the volume of traded evergreen repurchase agreements followed the introduction of the LCR regulation and we measure a rate of collateral re-use consistent with the literature.

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