Custodians play a key but discrete role in the global financial market infrastructure. In Europe, they are licensed as “credit institutions ”, legal requirement for European deposit-taking institutions, and therefore face same prudential requirements “traditional” banks. However, their business model risk profile different from those of traditional banks since core activity does not encompass b...

A single-strand-specific nuclease from rye germ (Rn nuclease I) was characterized as a tool for secondary and tertiary structure investigation of RNAs. To test the procedure, yeast tRNA(Phe) and tRNA(Asp) for which the tertiary structures are known, as well as the 3'-half of tRNA(Asp) were used as substrates. In tRNA(Phe) the nuclease introduced main primary cuts at positions U33 and A35 of the...

We study the relationship between banks’ size and risk-taking in context of supranational banking supervision. Consistently with theoretical work on unions contrast to analyses emphasising incentives underpinned by too-big-to-fail effect, we find an inverse non-performing loan growth for a sample European banks. Evidence is provided that mechanism operates through enhanced organisational effici...

We present a detailed spectral analysis of the joint XMM-Newton and NuSTAR observations active galactic nuclei (AGN) in Seyfert 1.5 Galaxy ESO 362-G18. The broadband ($0.3\mbox{--}79$ keV) spectrum shows presence power-law continuum with soft excess below $2$ keV, iron K$\alpha$ emission ($\sim 6.4$ keV), Compton hump (peaking at $\sim 20$ keV). find that can be modeled by two different possibl...

Using a rich panel data set, we provide a rigorous analysis of the relationship between access to external finance, foreign direct investment and the exports of private enterprises in China. We conclude that, in order to foster the exports of indigenous enterprises, the elimination of financial discrimination against private firms is likely to be a more effective policy tool than the reliance o...

The growth of the private equity industry has spurred concerns about its impact on the economy. This analysis looks across nations and industries to assess the impact of private equity on industry performance. We find that industries where private equity funds invest grow more quickly in terms of total production and employment, and appear less exposed to aggregate shocks. We perform a number o...

Abstract We investigate how capital requirements affect loan rates by studying the 50% increase in risk weight for high volatility commercial real estate (HVCRE) loans under Basel III. Exploiting variation terms and exposure to period after rule’s implementation, we find that a one-percentage-point raises 8.5 basis points. Using model of bank funding costs, demonstrate timing scope HVCRE rule i...