Date: May 27th, 2022

Venue: University of Bristol

Program (All times are in BST):

8:30 Registration

8:55 Welcome remarks

Session 1 Chair: Klaus Schaeck

9:00 – 9:45 The Design of a Central Counterparty

Authors: John Kuong (INSEAD) and Vincent Maurin (Stockholm School of Economics)

Discussant: Kostas Zachariadis (Queen Mary University of London)

9:45 – 10:30 Ownership Concentration and Performance of Deteriorating Syndicated

Loans

Authors: Mariassunta Giannetti (Stockholm School of Economics) and Ralf Meisenzahl (Federal Reserve of Chicago)

Discussant: Shantanu Banerjee (Lancaster University)

10:30 – 11:00 Coffee break

Session 2 Chair: Fabiana Gomez

11:00 – 11:45 Too Levered for Pigou? A Model of Environmental and Financial Regulation

Authors: Robin Dottling (Erasmus University) and Magdalena Rola-Janicka (Tilburg University)

Discussant: Quynh-Anh Vo (Bank of England)

11:45 – 12:30 Who Pays For Your Rewards? Cross-Subsidization in the Credit Card Market

Authors: Sumit Agarwal (National University of Singapore), Andrea F. Presbitero (International Monetary Fund), Andre F. Silva (Federal Reserve Board), and Carlo Wix (Federal Reserve Board)

Discussant: Luciana Orozco (Norwegian Business School)

12:30 – 13:45 Lunch

Session 3 Chair: Sonny Biswas

13:45 – 14:30 The pitfalls of pledgeable cash flows: soft budget constraints, zombie lending

and under-investment

Authors: Dan Bernhardt (University of Illinois), Kostas Koufopoulos (University of York) and Giulio Trigilia (University of Rochester)

Discussant: Zaici Li (University of Bristol)

14:30 – 15:15 Expectations and Bank Lending

Authors: Yueran Ma (Chicago Booth), Teodora Paligorova (Federal Reserve Board) and Jose-Luis Peydro (Imperial College London)

Discussant: Carlos Canon (Bank of England)

15:15 – 15:45 Coffee break

Session 4 Chair: Balint Horvath

15:45 – 16:30 Bank Specialization and Zombie Lending

Authors: Olivier De Jonghe (Tilburg University), Klaas Mulier (Ghent University) and Ilia Samarin(National Bank of Belgium)

Discussant: Ivan Lim (Durham University)

16:30 –17:15 The Cost of Privacy Failures: Evidence from Bank Depositors’ Reactions to Breaches

Authors: Christian Engels (University of St Andrews) and Bill B. Francis (Rensselaer Polytechnic Institute) and Dennis Philip (Durham University)

Discussant: Irem Erten (Warwick Business School)

17:15 Closing remarks

Registration: We welcome academics and practitioners to attend the workshop. In case of interest please send an email to banking-workshop@bristol.ac.uk.

Call for papers