Stay updated with breaking news from Systematic Risk. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
The systemic risk for banks in Europe is getting higher, and the slide caused by the bankruptcy of the Silicon Valley Bank (SVB) may continue, Charles Gave, a financial expert and geopolitical analyst, told Sputnik.
This paper investigates the impact of 19 announcements pertaining to the introduction of value-added tax (VAT) in the United Arab Emirates (UAE) on equities listed on the Abu Dhabi Stock Exchange (ADX). Using a well-established event study methodology over the period 2015 to 2018, a sector-wise assessment of the value constructiveness or destructiveness of these announcements is conducted. In addition, an estimation of sector-wise changes in systematic risk following these announcements is provided. Significant sectoral differences in abnormal returns are observed with industries such as insur...
We assess the effect of the recent royal wedding of Prince Harry and Meghan Markle on various sectors of the UK stock market over the period between November 2017 and May 2018. For this purpose, the event study methodology is used to estimate abnormal returns and conduct several robustness tests such as the Corrado ranking test, the Chesney non-parametric conditional distribution approach, the Fama-French five-factor model, the market model, allowing for market integration, and the removal of firm-specific information. In addition, we use various ARCH-type models to capture changes in systemat...
Vice-chair Barr complains regulators lack “even basic data” on some areas of shadow banking
Requirements connected to commodity positions jumped 426% in the first quarter