Journal of Banking and Finance

Robert and Arlene Kogod Provide Monumental $15M Gift to American University’s Kogod School of Business

Retrieved on: 
Thursday, September 21, 2023

American University’s Kogod School of Business received a $15 million gift from school namesake, Robert Kogod, and his wife, Arlene, to establish three endowed chairs as part of the institution’s ongoing investment in impactful scholarship and teaching.

Key Points: 
  • American University’s Kogod School of Business received a $15 million gift from school namesake, Robert Kogod, and his wife, Arlene, to establish three endowed chairs as part of the institution’s ongoing investment in impactful scholarship and teaching.
  • The funds will endow three departmental chairs, two at the Kogod School of Business and a third as a joint appointment at Kogod and the American University School of Public Affairs.
  • The newly minted Arlene R. and Robert P. Kogod Eminent Scholar Chairs will be established in key areas of focus, expertise, and impact at American University: finance, marketing, and sustainability.
  • Sonya Grier, professor of marketing at Kogod, will hold the position of Kogod Eminent Scholar Chair in Marketing.

Villanova University Appoints Wen Mao, PhD, as the Helen and William O’Toole Dean of the Villanova School of Business

Retrieved on: 
Wednesday, March 29, 2023

Peter M. Donohue, OSA, PhD, today announced the appointment of Wen Mao, PhD, as the Helen and William O’Toole Dean of the Villanova School of Business (VSB), effective August 1.

Key Points: 
  • Peter M. Donohue, OSA, PhD, today announced the appointment of Wen Mao, PhD, as the Helen and William O’Toole Dean of the Villanova School of Business (VSB), effective August 1.
  • Peter M. Donohue, OSA, PhD, today announced the appointment of Wen Mao, PhD, as the Helen and William O’Toole Dean of the Villanova School of Business (VSB), effective August 1.
  • She previously served as the school’s associate dean of faculty and as chair of the Department of Economics.
  • “I am grateful for and humbled by the opportunity to serve as the next Helen and William O’Toole Dean of the Villanova School of Business,” said Dr. Mao.

Substitution between debt security issuance and bank loans: evidence from the SAFE

Retrieved on: 
Monday, February 20, 2023

= Substitution between debt security issuance and bank loans: evidence from the SAFE =

Key Points: 
  • = Substitution between debt security issuance and bank loans: evidence from the SAFE =
    Published as part of the ECB Economic Bulletin, Issue 1/2023.
  • This box investigates whether the recent deterioration in bond market financing conditions incentivises firms to substitute bond issuance with bank loans, and whether this substitution affects lending to other firms.
  • Amid the ongoing monetary policy normalisation, euro area firms reported a widening of their debt securities financing gap, which has historically been associated with higher demand for bank loans (Chart A).
  • Looking at aggregate volumes, corporate bond issuance declined during 2022, while credit growth to firms started to slow down as well.
  • Notes: Net percentage of firms indicating an increased financing gap for debt securities and an increased need for bank loans in the SAFE.
  • Only firms reporting bank loans and debt securities as a relevant source of financing are included.
  • Based on a probit model, Chart B shows how different firm characteristics relate to the probability of issuing corporate bonds.
  • The recent widening of the debt securities financing gap and the increased demand for bank loans by bond issuers could indicate substitution between financing instruments.
  • [9] To study the substitution between bond issuances and bank loans, only firms reporting both sources of financing as relevant in the SAFE are considered.
  • [11] For all sub-periods, the estimated substitution effects are statistically significant and positive: firms report an increased need for bank loans when their financing gaps for debt securities widen.
  • The substitution towards bank loans by corporate bond issuers could have broader implications if their increased demand crowds out lending to other firms, such as SMEs.
  • [14] Indeed, the deterioration in corporate bond markets might also be contributing to the tightening in bank lending conditions for firms.

What information does the euro area bank lending survey provide on future loan developments?

Retrieved on: 
Monday, January 16, 2023

The *euro area bank lending survey (BLS) * provides valuable information on bank lending standards and conditions as well as on loan demand in the euro area.

Key Points: 
  • The *euro area bank lending survey (BLS) * provides valuable information on bank lending standards and conditions as well as on loan demand in the euro area.
  • *By collecting this information, the survey sheds light on the transmission of monetary policy in the euro area via the bank lending channel.
  • While the survey information is qualitative, the replies of the banks are closely related to actual loan growth and lending rate developments.
  • *BLS data provide timely information on bank lending conditions and loan demand.
  • The short reporting lag compared with other statistical data means that BLS data provide early information on key lending developments in the euro area, which has been especially valuable for identifying turning points in lending conditions and assessing lending developments during exceptional periods.
  • [4] Overall, the BLS has proved to be a very useful tool for understanding and analysing bank lending conditions in the euro area.
  • A first indication of the information BLS indicators provide for future loan growth is to consider cross-correlations between BLS indicators at different leads relative to data on actual loan growth.
  • BLS indicators either lead loan growth (negative value on the y-axis) or lag loan growth (positive value).
  • Beyond the simple correlations mentioned above, the information that the BLS indicators provide on future loan growth can be assessed by analysing their value in forecasting actual loan growth.
  • Broadly corresponding evidence on the information that the BLS provides regarding future loan growth is also found for individual euro area countries.
  • The BLS contains information on future loan growth not only at the aggregate level, but also for individual banks.
  • Loan demand also helps predict future housing loan growth at the bank level – banks reporting a decrease in demand experience lower loan growth over the following quarters compared with banks reporting unchanged or increased loan demand (Chart D, panel b).

Tenprint Search Automated Fingerprint Identification System Market to Reach $40.0 Billion, Globally, by 2031 at 21.7% CAGR: Allied Market Research

Retrieved on: 
Tuesday, December 6, 2022

PORTLAND, Ore., Dec. 6, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Tenprint Search Automated Fingerprint Identification System Market by Component (Software, Hardware), by Application (Commercial, Government, Banking and Finance, Healthcare, Hospitality, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global tenprint search automated fingerprint identification system industry generated $5.6 billion in 2021, and is anticipated to generate $40.0 billion by 2031, witnessing a CAGR of 21.7% from 2022 to 2031.

Key Points: 
  • Surge in demand for the tenprint search automated fingerprint identification system and the increasing advantages of tenprint search automated fingerprint identification system over conventional method drive the global tenprint search automated fingerprint identification system market growth.
  • Surge in demand for the tenprint search automated fingerprint identification system in banking & finance and government sectors, and the increasing advantages of tenprint search automated fingerprint identification system over conventional method are expected to drive the global tenprint search automated fingerprint identification system market growth.
  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the tenprint search automated fingerprint identification system market analysis from 2021 to 2031 to identify the prevailing tenprint search automated fingerprint identification system market opportunity.
  • The report includes the analysis of the regional as well as global tenprint search automated fingerprint identification system market trends, key players, market segments, application areas, tenprint search automated fingerprint identification system market forecast and market growth strategies.

Tenprint Search Automated Fingerprint Identification System Market to Reach $40.0 Billion, Globally, by 2031 at 21.7% CAGR: Allied Market Research

Retrieved on: 
Tuesday, December 6, 2022

PORTLAND, Ore., Dec. 6, 2022 /PRNewswire/ -- Allied Market Research published a report, titled, "Tenprint Search Automated Fingerprint Identification System Market by Component (Software, Hardware), by Application (Commercial, Government, Banking and Finance, Healthcare, Hospitality, Others): Global Opportunity Analysis and Industry Forecast, 2021-2031". According to the report, the global tenprint search automated fingerprint identification system industry generated $5.6 billion in 2021, and is anticipated to generate $40.0 billion by 2031, witnessing a CAGR of 21.7% from 2022 to 2031.

Key Points: 
  • Surge in demand for the tenprint search automated fingerprint identification system and the increasing advantages of tenprint search automated fingerprint identification system over conventional method drive the global tenprint search automated fingerprint identification system market growth.
  • Surge in demand for the tenprint search automated fingerprint identification system in banking & finance and government sectors, and the increasing advantages of tenprint search automated fingerprint identification system over conventional method are expected to drive the global tenprint search automated fingerprint identification system market growth.
  • This report provides a quantitative analysis of the market segments, current trends, estimations, and dynamics of the tenprint search automated fingerprint identification system market analysis from 2021 to 2031 to identify the prevailing tenprint search automated fingerprint identification system market opportunity.
  • The report includes the analysis of the regional as well as global tenprint search automated fingerprint identification system market trends, key players, market segments, application areas, tenprint search automated fingerprint identification system market forecast and market growth strategies.

China Xiangtai Food Co., Ltd. Announces Appointment of Dr. Xiaping Cao to Its Board of Directors

Retrieved on: 
Tuesday, March 22, 2022

Dr. Xiaping Cao currently also serves as the associate editor of international renowned economic journal Economic Modelling and Frontier in Artificial Intelligence.

Key Points: 
  • Dr. Xiaping Cao currently also serves as the associate editor of international renowned economic journal Economic Modelling and Frontier in Artificial Intelligence.
  • Dr. Cao has been invited to serve as the featured chief editor of Pacific Basin Finance Journal, a well-known international financial Journal.
  • Dr. Xiaping Cao commented, China Xiangtai is one of the most innovative and forward-thinking mining companies.
  • About China Xiangtai Food Co., Ltd.
    China Xiangtai Food Co., Ltd., engages in agricultural business.

Greenberg Traurig Latin America Attorneys, Practices Recognized in The Legal 500 Latin America Guide

Retrieved on: 
Friday, October 29, 2021

The Greenberg Traurig lawyers listed below are recommended in The Legal 500 Latin America 2022 guide based on industry or practice area designations as selected by researchers:

Key Points: 
  • The Greenberg Traurig lawyers listed below are recommended in The Legal 500 Latin America 2022 guide based on industry or practice area designations as selected by researchers:
    Daniel Pulecio-Boek | Latin America: International Compliance and Investigations
    Giovanni Biscardi | Latin America: International Corporate and M&A; City Focus: Miami
    Erick Hernndez Gallego | Latin America: International Projects and Energy
    William Garner | Latin America: International Projects and Energy
    Jos Raz Guzmn | Latin America: International Banking and Finance; Capital Markets; Corporate and M&A
    Ross Kaufman | Latin America: International Banking and Finance
    Fernando Orrantia Dworak | Latin America: International Projects and Energy
    Antonio Pea | Latin America: International Corporate and M&A; City Focus: Miami
    Oscar Stephens | Latin America: International Capital Markets
    Click here for a complete list of the rankings and editorial summaries for Latin America by The Legal 500 researchers and editors.
  • About Greenberg Traurig's Latin America Practice: Greenberg Traurig's award-winning Latin America Practice draws on resources from our offices in Chicago , Houston , Los Angeles , Mexico City , Miami , New York , Washington D.C. , and elsewhere around the world, bringing together a multidisciplinary team of more than 120 lawyers to help clients identify and capitalize on business opportunities in Latin America, the Iberian Peninsula, and the Caribbean.
  • As the only global law firm founded in Miami, Greenberg Traurig is inextricably linked to Latin America.
  • About Greenberg Traurig: Greenberg Traurig, LLP (GT) has approximately 2300 attorneys in 40 locations in the United States, Latin America, Europe, Asia, and the Middle East.

Global Quantum Computing Market to Surge with CAGR of 30.0% and Generate a Revenue of $667.3 Million from 2020 to 2027 - Exclusive Report [193 pages] by Research Dive

Retrieved on: 
Wednesday, August 18, 2021

The Global Quantum Computing Market is predicted to garner a significant revenue of $667.3 million, from a considerable market size of $88.2 million in 2019, with CAGR of 30.0% in forecast timeframe, 2020-2027.

Key Points: 
  • The Global Quantum Computing Market is predicted to garner a significant revenue of $667.3 million, from a considerable market size of $88.2 million in 2019, with CAGR of 30.0% in forecast timeframe, 2020-2027.
  • The European quantum computing market is estimated to rise from $28.2 million in 2019 and surpass $221.2 million by 2027.
  • The coronavirus pandemic is expected to impact the quantum computing market in a positive way.
  • However, lack of awareness about quantum computing and shortage of skilled employees is projected to hinder the market growth.