Matching Stability and Performance. The Impact of New Regulations on Financial Intermediary Management and Performance

The effect of TARP on Bank Risk-Taking
Lamont Black, Lieu Hazelwood (paper - presentation)

Q&A and end of the plenary session
Philipp Hartmann , European Central Bank (presentation)

Session 1A

Bank Governance
Chair: Iftekhar Hasan, Rensselaer Polytechnic Institute

Stronger Risk Controls, Lower Risk: Evidence From U.S. Bank Holding Companies
Andrew Ellul, Vijay Yerramilli (paper - presentation)
Discussant: Simon Kwan, Federal Reserve bank of San Francisco

Risk-Taking by Banks: What Did We Know and When Did We Know It?
Sugato Bhattacharyya, Amiyatosh Purnanandam (paper - presentation)
Discussant: Haibin Zhu, Bank for International Settlements

Rewarding Calculated Risk Taking: Evidence from Experiments with Commercial Bank Loan Officiers
Shawn Cole, Martin Kanz, Leora Klapper  (paper - presentation)
Discussant: Lamont Black, Boards of Governors of the Federal Reserve System Washington

Session 1B

Crisis Propagation
Chair: George Pennacchi, University of Illinois at Urbana-Champaign

The Behavior of Intoxicated Investors: the Role of Institutional Investors in Propagating the Crisis fo 2007-09
Alberto Manconi, Massimo Massa, Ayako Yasuda (paper - presentation)
Discussant: Kose John, Stern School of Business, New York University

Money Market Runs
Sean Collins, Russ Wermers (paper - presentation)
Discussant: Radhakrishnan Gopalan, Olin Business School Washington University in St. Louis

Term Interbank Lending During the 2007-09 Financial Crisis
Dennis Kuo, David Skeie, James Vickery (paper - presentation)
Discussant: Florian Heider, European Central Bank

Session 2A

Bank Lending and Credit Risk
Chair: Steven Ongena, CentER, Tilburg University and CEPR

Financial Crisis and Bank Lending
Simon H. Kwan (paper - presentation)
Discussant: Russ Wermers, Smith School of Business, University of Maryland

Do Credit Rating Agencies Understimate Liquidity Risk?
Radhakrishnan Gopalan, Fenghua Song, Vijay Yerramilli (paper - presentation)
Discussant: David Skeie, Federal Reserve Bank of New York

The Sources of Value of Relationships: Screening, Monitoring and the Likelihood of Consumer Default
Manju Puri, Jörg rocholl, Sascha Steffen (paper - presentation)
Discussant: Vijay Yerramilli, C. T. Bauer College of Business, University of Houston

Session 2B

Leverage and Taxation
Chair: Paolo Fulghieri, University of North Carolina

Law, Organizational Form, and Taxes: Financial Crisis and Regulating through Incentives
Kose John, Vinay B. Nair, Lemma Senbet (paper - presentation)
Discussant: Xavier Freixas, Universitat Pompeu Fabra

Infectious Leverage
Anand M. Goel, Fenghua Song, Anjan V. Thakor (paper - presentation)
Discussant: Robert L. McDonald, Kellogg School Northwestern University

Risk-Sharing or Risk-Taking? Financial innovation, Margin Requirements and Incentives
Bruno Biasis, Florian Heider, Marie Hoerova (paper - presentation)
Discussant: Sugato Bhattacharyya, Ross School of Business, University of michigan

ORGANIZING COMMITTEE

Gregorio De Felice, Intesa Sanpaolo
Giuliano Iannotta, Head of Banking Division - CAREFIN
Andrea Resti, Director - CAREFIN

SCIENTIFIC ADVISORY BOARD

Mark Flannery, University of Florida
Paolo Fulghieri, Univerisity of North Carolina and ECGI
Philipp Hartmann, ECB
Iftekhar Hasan, Rensselaer Polytechnic Institute
Steven Ongena, CentER, Tilburg University and CEPR
George Pennacchi, College of Business, University of Illinois at Urbana-Champaign