Essays about: "bank opacity"
Found 2 essays containing the words bank opacity.
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1. Bank Opacity - Empirical evidence from the CDS and equity market
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper examines to what extent the 2011 EU-wide bank stress test provided the market with new information. The intention is to conclude whether the European banking sector should be considered opaque or not. This is done by studying the credit default swap market and the equity market using event-study methodologies. READ MORE
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2. How informative are bank stress tests? - Bank opacity in the European Union
University essay from Lunds universitet/Nationalekonomiska institutionenAbstract : This paper uses standard event study techniques to examine whether the release of the results of the 2010 European bank stress test was informative to the financial markets by reducing the opacity that is inherent in banking stocks. The same methodology is applied to two events of the 2011 EU stress tests: the release of the methodology employed and the clarification by the European Banking Authority concerning capital requirements. READ MORE