CBR - Past Events

2023

Henry Thornton Lecture 2023: "Do index funds benefit society?"

• 24th May 2023, Bayes Business School

Professor Martin Schmalz will deliver this year's Henry Thornton Lecture.

This lecture delineates recent research indicating side effects and equilibrium effects of indexing. Side effects include concerns about governance and competition of portfolio firms, which may help explain the secular decline in productivity and other macroeconomic trends.

Professor Martin Schmalz

Professor of Finance and Economics & Head of the Finance, Accounting, Management & Economics Area, Saïd Business School, University of Oxford.

He co-authored “The Business of Big Data: How to Create Lasting Value in the Age of AI”. His prize-winning research focuses on corporate governance and asset management.

Mais Lecture 2023: “How to green the global economy”

• 5th June 2023, Bayes Business School

This year’s Mais Lecture will be delivered by Odile Renaud-Basso, President of the European Bank for Reconstruction and Development (EBRD) on "How to green the global economy"

The EBRD’s Board of Governors elected Ms Renaud-Basso as the Bank’s seventh President in October 2020 during its 29th Annual Meeting. She is the first ever woman head of a multilateral development bank.

8th Emerging Scholars in Banking and Finance conference

Our eighth Emerging Scholars conerence took place on the 1st of December.

2022

2022 Autumn Workshop with the Financial Intermediation Network of European Studies (FINEST)

2 December 2022

The Financial Intermediation Network of European Studies (FINEST) is pleased to announce that its next workshop will be hosted by the Centre for Banking Research (CBR) at Bayes Business School (formerly Cass), City, University of London, on December 2, 2022.

FINEST workshops are small meetings with an in-depth discussion (from top scholars) of a limited number of high-quality papers with the aim of fostering discussion among academics, policymakers, and practitioners about the evolving challenges facing banks.

We expect to accept up to six papers for presentation and a set of research proposals (in the “early ideas” session) from young scholars. We invite submission of papers in all areas related to financial intermediation, including bank risk taking, regulation, supervision, financial stability, ownership structure and governance issues, Covid-19, market structure and competition, and FinTech.

Venue

Bayes Business School (formerly Cass), City, University of London, 106 Bunhill Row, London EC1Y 8TZ, UK

Organisers

• Barbara Casu, Bayes Business School, UK
• Angela Gallo, Bayes Business School, UK
• Francesc Rodriguez-Tous, Bayes Business School, UK
• Francesco Saverio Stentella, University of Rome III, Italy

2nd Research Workshop: The Future of Financial Mutuals - Wednesday, 7th September 2022

The Centre for Banking Research (CBR) at Bayes Business School and the Building Societies Association (BSA) are jointly organising the 2nd Research Workshop on the future of mutuals.

Keynote address: Dame Colette Bowe (Bank of England)

Dame Colette will speak about the link between household indebtedness and financial stability, and the Financial Policy Committee’s recent analysis in assessing the risks.

The workshop will provide an opportunity for academics, policymakers, and practitioners to engage in high-level discussion on the prospects of the industry.

Find the full programme

Read about IWFSAS 2022

The International Workshop on Financial System Architecture and Stability (IWFSAS) - Monday, 5th & Tuesday, 6th September 2022

The 2022 International Workshop on Financial System Architecture and Stability (IWFSAS): “Re-Thinking Risk Management During Times of Paradigm Shifts: Implications for Financial Markets and Institutions”.

As the world emerges from a global pandemic and steps into rising political tensions, risk management must address the shifting nature of business volatility. The changes likely to affect risks and their management in the coming years will arise from different contexts: demography and societal changes, the environment, technological innovation, and changes in socioeconomic structures including rising inequalities.

These will reshape the conventional paradigms and create new ones, modify financial institutions vulnerability to risks, transform the channels through which risk spread, and alter government, investors, and corporate responses..

Keynote speakers: Industry Keynote (Dr Alison Scott, Bank of England) and an Academic Keynote (Prof Marcin Kacperczyk, Imperial College).

2020

Food for thought webinar - Do we still need to worry about bank misconduct? 2020

Professor Barbara Casu recently took part in a webinar hosted by Professor Daniel Beunza as part of the Business School Autumn Series of events.

The event focussed on what is conduct risk and how can financial institutions manage it? Banks are keen to argue that misconduct episodes are legacy issues, but there are emerging vulnerabilities which might lead to new problems. Misconduct tends to rise during crises and new technologies, products and competitors continue to concern regulators. This session will review the main types of financial misconduct and what it might mean for banks striving to foster a more ethical culture and regaining customers’ trust.

Monitoring Misconduct: Maintaining and Developing Banking Standards 2020

The Centre for Banking Research launched the CBR Conduct Cost Project report on 15^th September, at an online event Monitoring Misconduct: Maintaining and Developing Banking Standards. José Manuel Campa, Chairperson of the European Banking Authority (EBA), delivered a lecture about bank misconduct, banking standards and public trust in financial institutions.

CBR Conduct Cost Project report discusses the financial consequences of bank misconduct for twenty of the world’s leading banks, from January 2008 to December 2018.

IWFSAS2020 - International Workshop on Financial System Architecture & Stability 2020

Thursday 10th to Friday 11th September 2020

Speakers

Professor Beata Javorcik - Chief Economist, European Bank for Reconstruction and Development (EBRD), Professor of Economics, University of Oxford, and Director at CEPR, Andrea Beltramello - European Commission, Alyssa Heath - Principles for Responsible Investment, Misa Tanaka - Bank of England

Climate-Related Financial Risks and Green Finance: Challenges and Opportunities

How does climate change impact financial markets? What can banks and investors do to foster green investment? What is the role of institutions in helping tackle climate risks?

To answer these and other topical questions, the Centre for Banking Research at the Business School, EMEA, and The Gustavson School of Business, University of Victoria, jointly organised the fifth IWFSAS conference. The online conference offered academics, practitioners, and policymakers the opportunity to discuss innovative research on a range of topics related to climate risk and sustainable finance.

Professor Beata Javorcik Chief Economist, European Bank for Reconstruction and Development (EBRD), Professor of Economics, University of Oxford, and Director at CEPR, will give the keynote speech.

Andrea Beltramello (European Commission), Alyssa Heath (Principles for Responsible Investment), and Misa Tanaka (Bank of England) discussed the role of institutions in fostering a greener and more sustainable Europe in our public policy panel.

This year’s IWFSAS meeting was hosted by the Centre for Banking Research at the Business School, in collaboration with the Gustavson School of Business at the University of Victoria and the Euro-Mediterranean Economists Association (EMEA).

Day one

Day two

2019