Centre for Banking, Institutions and Development (CBID)
The various facets of financial intermediation form the backbone of our financial system and our economy, from traditional maturity transformation activities to securitization and shadow banking. The recent banking crisis highlights instances of financial intermediation failures with widespread systemic effects.
Our challenge is to better understand the nature of risk and adopt policies that match the fast-evolving financial sector.
The Centre for Banking, Institutions and Development (CBID) is involved in a range of on-going research projects examining emerging issues in bank and non-bank financial intermediation from macro- as well as micro-prudential perspectives. We engage with commercial and investment banks and policy makers who have an active interest in our research projects and are also beneficiaries of our research.
Our research, while influencing practice, aims to understand the dynamics of money and banking. Some of our current areas of research include banking efficiency measurement, bank crash risk, systemic risk, liquidity management, and credit information sharing, among others. The centre also has an active interest in studying banking frictions in credit supply and demand, and investigating broader issues in financial sector development, financial inclusion and microfinance.
NEWS AND RESEARCH HIGHLIGHTS
Marco Migueis of the Federal Reserve System visits the Business School
Marco Migueis, Principal Economist on the Federal Reserve System Board of Governors, visited the Centre for Banking, Institutions and Development (CBID)on 20-22 February 2018 to meet with staff and students, and held a seminar on operational risk capital.
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Global Association of Risk Professionals (GARP) Features CBID Research
GARP recently featured CBID’s ongoing research into Risk Accounting, an alternative risk quantification and reporting technique that is aimed at resolving the long-standing issue of how to identify, quantify, aggregate and report the diverse financial and operational risks created and accepted by banks.
CBID member Professor Kevin Dowd was interviewed on RT News about the Treasury's bleak Brexit predictions, and commented in The Times on 'Brexit and the future of farming and food.'
CBID research features in Harvard Law School Forum on Corporate Governance and Financial Regulation
The research aims to identify the channel through which CEO duality affects firm value and provides an explanation as to why there is no consensus in practice among corporations for implementing a non-dual leadership structure.
Research into tackling food and fuel crisis in County Durham
CBID has embarked on a new research collaboration with Durham Christian Partnership (DCP) to analyse the links between food and energy poverty in the region.
School’s banking research group pioneers financial literacy initiatives in Cyprus
Dr Dennis Philip and Dr Panayiotis Andreou organised the Economic and Social Policy Forum on “Financial Illiteracy” at the Central Bank of Cyprus in collaboration with Cyprus University of Technology. The event was sponsored and supported by the Central Bank of Cyprus and the Cooperative Central Bank.
School partnership with NISM to improve financial literacy in India
The project will provide the first in-depth analysis of financial literacy to develop an understanding across India within varied socio-economic groupings and how financial education can be provided to improve the problems associated with financial exclusion.
2016 ProShare Annual Conference
Professor Pendleton presented the results of research on the relationship between savings and employee share ownership schemes at the ProShare Annual Conference.
Possibility for a ‘safe and sound and free’ banking system?
Report by Kevin Dowd reveals the “fatal flaws” in the Bank of England’s annual stress tests of UK’s banks’ financial resilience.
CBID hosts Central Bankers' Forum
On 10 February 2016 the group hosted the CBID Central Bankers' Forum, with speakers from the Central Bank of Ireland, the Deutsche Bundesbank and the Bank of England. A key focus of the forum was bank regulation pre- and post-financial crisis.