FRANKFURT SCHOOL

BLOG
Research & Advisory - Finance

Finance

21 July 2021
Welche Rolle spielen Banken in der Plattformwirtschaft?

Prof. Dr. Jürgen Moormann

Immer mehr spielt sich unser Leben auf virtuellen Plattformen ab. Umgekehrt verlieren physische Einrichtungen wie Filialen, aber auch Autohäuser, oder Buchläden an Relevanz. Was bedeutet diese Entwicklung für die Finanzbranche? Offenbar befinden wir uns an einer entscheidenden Stelle in der Fortentwicklung des wirtschaftlichen Handelns.
26 May 2021
Banks and Climate Risk Exposure – why do banks care about climate risk?
Alexandra Kinywamaghana
Climate-related risks threaten financial stability and banks can play a crucial role in addressing the impact of these risks to ensure a climate-resilient financial system. An emerging series of studies uses stress tests to examine banks portfolio-level exposure to transition risk. Central banks and prudential regulators have either launched stress tests or have it as a priority.
Digitisation has radically changed business conditions for executive managers. The Internet has permeated all aspects of human life, transforming societies, economies and cultures in fundamental ways – not least through ever more pervasive networking.
19 January 2021
Leadership in the age of digitisation: finance in focus
Prof. Dr. Bernd Wallraff
15 September 2020
The COVID-19 Pandemic and the Importance of Financial Inclusion
Ricardo A. Estrada Villalta
Never in modern history has financial inclusion been more relevant. Never in the past has granting access and fostering usage to quality financial services and all-around financial solutions for the people had more meaning. Among these much-needed solutions, there is a special mention to digital financial services, which are, in fact, quite compatible with the current global social distancing measures.
Sustainable finance is an important topic for regulators in China. Chinese banks will soon be subject to green finance performance review on a quarterly basis. A consultation document by the Chinese central bank describes the procedures and metrics based on which the banks will be evaluated.
12 August 2020
Regulatory authorities in China will review banks’ green finance performance
Menglu Neupert-Zhuang
17 June 2021
New opportunities for Central Banks with Financial Big Data

Alexandra Kinywamaghana

The use of big data in central banks is growing; a 2020 survey found about 80% of central banks used big data as compared to 30% in 2015, and about 40% of them utilised it to inform policy. Overall, central banks are yet to widely adopt big data due to infrastructure, skills, and cost challenges.
20 July 2020
No credit crunch (yet) – but here is why we should be worried

Prof. Dr. Sascha Steffen

The ECB has just published its Bank Lending Survey for the second quarter. The survey provides a window in bank lending in the euro area and, in particular, the supply of loans by banks to the non-financial sector. Taken at face value, the numbers are not that bad. We observe only a small tightening of lending standards across the euro area, large firms do not experience any tightening while small and medium enterprises face somewhat stricter supply conditions. 
1 October 2019
Institutional Investors’ Views and Preferences on Climate Risk Disclosure
Zacharias Sautner
Financial market efficiency relies on timely and accurate information regarding firms’ risk exposures. An increasingly important risk exposure relates to climate change. Climate risks can originate from more severe and more frequent natural disasters, government regulation to combat a rise in temperature, or climate-related innovations that disrupt existing business models.
Basically a financial market is a machine that takes money from investors and distributes it to entre­preneurs that need money for their businesses. Those businesses promise a return to the investors. Depending on the business an in­vestment comes with a certain risk.
12 March 2019
What is sustainable finance?
Ulf Moslener
9 August 2018
The Tragedy of the Horizon: A Mandate for Financial Sector Regulations?
Oliver Schenker
Investment to the tune of around $6.3 trillion per annum in core infrastructure, energy efficiency and energy production is required globally over the next 15 years. Making these infrastructure investments consistent with the goal to limit global temperature increase to 2°C as stated in the Paris Agreement requires an additional $600 billion per year and a major change in the composition of investment towards zero or low-carbon assets, climate resilient sectors, and adaptation infrastructure.
The Belgium lender Dexia was a quintessential example with respect to risk-taking behavior of large European banks during the 2007-2009 global financial and subsequent European sovereign debt crisis. Towards the end of 2010, Dexia had built a huge portfolio of risky sovereign bonds (issued by Greece, Ireland, Italy, Portugal and Spain (GIIPS)) after yields have widened substantially betting on a compression of sovereign bond yields to pre-crisis levels.
26 July 2018
This time’s the same: Eurozone sovereign and financial sector credit risk
Prof. Dr. Sascha Steffen
5 May 2020
Have you felt the sustainable finance-related regulatory attention already?

Menglu Neupert-Zhuang

Together with Karsten Löffler and Sebastian Rink, we have written a chapter in the new book on sustainable finance Nachhaltige Finanzwirtschaft. In our chapter, we provide a historical look-back on the fast regulatory developments in Europe, inter alia Germany and make several suggestions on how financial institutions could prepare themselves for the upcoming challenges and opportunities. If you have already felt the regulatory attention in your job, it is time to get an overview on the current situation.
25 March 2020
How the Corona crisis will affect blockchain ecosystems

Prof. Dr. Philipp Sandner

The Corona virus crisis is also affecting the crypto market. In this short article, I seek to present some thoughts about the effect of the Corona virus on the blockchain sector — including startups, corporates and Bitcoin.
15 September 2017
Why Does an Equal-Weighted Portfolio Outperform Value- and Price-Weighted Portfolios?
Grigory Vilkov
Simplicity is everything! According to Ockham's razor or "law of parsimony," among competing hypotheses, the one with the fewest assumptions should be selected. What can be simpler than an equal-weighted portfolio?
Die Regierung (ersatzweise die EZB, „die Banken“ oder schwarze Mächte) will das Bargeld abschaffen! Dieser Panikruf schallt durch Talk-Shows und Gazetten. Demnach gibt es demnächst keine Banknoten und Münzen mehr, sondern nur noch Karten und/oder digitale Endgeräte, mit denen wir alles (!) bezahlen werden.
20 September 2016
Abschaffung des Bargelds – eine Geisterdebatte
Prof. Dr. Jürgen Moormann
Welche Rolle spielen Banken in der Plattformwirtschaft?
21 July 2021
Prof. Dr. Jürgen Moormann
Banks and Climate Risk Exposure – why do banks care about climate risk?
26 May 2021
Alexandra Kinywamaghana
Leadership in the age of digitisation: finance in focus
19 January 2021
Prof. Dr. Bernd Wallraff
New opportunities for Central Banks with Financial Big Data
17 June 2021
Alexandra Kinywamaghana
The COVID-19 Pandemic and the Importance of Financial Inclusion
15 September 2020
Ricardo A. Estrada Villalta
Regulatory authorities in China will review banks’ green finance performance
12 August 2020
Menglu Neupert-Zhuang
No credit crunch (yet) – but here is why we should be worried
20 July 2020
Prof. Dr. Sascha Steffen
Institutional Investors’ Views and Preferences on Climate Risk Disclosure
1 October 2019
Zacharias Sautner
What is sustainable finance?
12 March 2019
Ulf Moslener
Have you felt the sustainable finance-related regulatory attention already?
5 May 2020
Menglu Neupert-Zhuang
The Tragedy of the Horizon: A Mandate for Financial Sector Regulations?
9 August 2018
Oliver Schenker
This time’s the same: Eurozone sovereign and financial sector credit risk
26 July 2018
Prof. Dr. Sascha Steffen
How the Corona crisis will affect blockchain ecosystems
25 March 2020
Prof. Dr. Philipp Sandner
Why Does an Equal-Weighted Portfolio Outperform Value- and Price-Weighted Portfolios?
15 September 2017
Grigory Vilkov
Abschaffung des Bargelds – eine Geisterdebatte
20 September 2016
Prof. Dr. Jürgen Moormann