scholarly journals Financial Market Misconduct and Public Enforcement: The Case of Libor Manipulation

2019 ◽  
Vol 65 (11) ◽  
pp. 5268-5289 ◽  
Author(s):  
Priyank Gandhi ◽  
Benjamin Golez ◽  
Jens Carsten Jackwerth ◽  
Alberto Plazzi
Keyword(s):  
Financial Market ◽  
Public Enforcement ◽  
Libor Manipulation

ANTITRUST DAMAGES IN FINANCIAL MARKETS

2020 ◽  
Vol 16 (1) ◽  
pp. 63-73
Author(s):  
John K Wald
Keyword(s):  
Financial Markets ◽  
Financial Market ◽  
Bond Market ◽  
Academic Literature ◽  
Regression Methods ◽  
The Third ◽  
Price Clustering ◽  
Libor Manipulation ◽  
Bid Ask Spreads ◽  
Standard Regression

Abstract I briefly review the standard regression methods used to estimate damages in antitrust actions, and I analyze how these would be applied to cases in financial markets. I consider applications to three different financial market cases. The first is the NASDAQ odd-eighths litigation, where existing antitrust methods closely resemble the analyses published in the academic literature on this issue. The second type of case is bond market antitrust litigation, where the expert faces an additional hurdle because they have to estimate bid-ask spreads. The third type of case is related to the LIBOR manipulation scandal. I analyzed why existing methods provide a poor fit for the LIBOR damage calculations. Lastly, I evaluate IPO issuance fees as an example of price clustering in financial markets that has not let to antitrust litigation.

External Factors of Big Business Transformation in Russia

2005 ◽  
pp. 72-89 ◽  
Author(s):  
Ya. Pappe ◽  
Ya. Galukhina
Keyword(s):  
Financial Market ◽  
Capital Market ◽  
Business Groups ◽  
External Factors ◽  
Big Business ◽  
Business Transformation ◽  
Global Standards ◽  
The World ◽  
Principal Subject

The paper is devoted to the role of the global financial market in the development of Russian big business. It proves that terms and standards posed by this market as well as opportunities it offers determine major changes in Russian big business in the last three years. The article examines why Russian companies go abroad to attract capital and provides data, which indicate the scope of this phenomenon. It stresses the effects of Russian big business’s interaction with the world capital market, including the modification of the principal subject of Russian big business from integrated business groups to companies and the changes in companies’ behavior: they gradually move away from the so-called Russian specifics and adopt global standards.

Russian Banking Sector under World Financial Market Uncertainty: Problems and Prospects

2008 ◽  
pp. 4-19 ◽  
Author(s):  
A. Ulyukaev ◽  
E. Danilova
Keyword(s):  
Emerging Markets ◽  
Financial Market ◽  
Banking Sector ◽  
Financial System ◽  
Local Market ◽  
Market Uncertainty ◽  
Balanced Growth ◽  
Banking Sector Development ◽  
The World ◽  
The Usa

The authors point out that the local market crisis - on the USA substandard loan market - has led to the uncertainty of the world financial market. It has caused the growing demand for liquidity in the framework of the world financial system. The Russian banking sector seems to be more stable under negative changes than banking systems of other emerging markets. At the same time one can assume that the crisis will become the factor of qualitative shift in the character of the Russian banking sector development - the shift from impetuous to more balanced growth.

A Study on the usefulness of trade payment information in SMEs financial market

2014 ◽  
Vol 28 (2) ◽  
pp. 111-132
Author(s):  
Gilyeon Cho ◽  
Maengsoo Kang ◽  
Gunhee Lee
Keyword(s):  
Financial Market

U.K. Financial Market Returns, 1955–2000

CFA Digest ◽  
2001 ◽  
Vol 31 (3) ◽  
pp. 56-58
Author(s):  
Joseph Spivack
Keyword(s):  
Financial Market ◽  
Market Returns
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