tbtf

How and Why Moral Hazard Has Distorted Financial Regulation

by Norbert Gaillard
26/06/201931/10/2021
10 min read
Credit Rating Agencies, General

This blog article summarizes Chapter 4 of The Failure of Financial Regulation by A. Hira, N. J. Gaillard and T. H. Cohn (Eds.), Palgrave Macmillan,… Read More »How and Why Moral Hazard Has Distorted Financial Regulation

Understanding CoCo Bonds: A New Source of Systemic Risk

by Simon Hu
14/02/201414/10/2021
4 Comments
6 min read
Corporate Ratings

Since the 2008 financial crisis, regulators, policymakers and the “too big to fail” (TBTF) banks around the world have been developing new ways to resolve… Read More »Understanding CoCo Bonds: A New Source of Systemic Risk