To contain risks at large financial institutions, banking supervisors frequently cooperate across countries. This talk introduces participants to the different forms of cooperation and how prevalent they are across the world and look into the specific case of Colombia. Following this we will analyze whether cooperation is effective in improving financial stability. We will in particular examine whether, and through which channel(s), cooperation reduces risks at large global banks. We will study the potential for regulatory arbitrage, through which banking groups may shift risks to counties not covered by cooperation.
A cargo de:
Wolf Wagner
Eramus University and CEPR
Wolf Wagner is a Professor of Finance at the Rotterdam School of Management, Erasmus University, and a fellow of CEPR, Prior to joining Erasmus he has been working at Stockholm School of Economics, Cambridge University and Tilburg University.
