create a website

Are the Largest Banking Organizations Operationally More Risky?. (2020). Frame, W ; Curti, Filippo ; Mihov, Atanas.
In: Working Papers.
RePEc:fip:feddwp:88097.

Full description at Econpapers || Download paper

Cited: 6

Citations received by this document

Cites: 37

References cited by this document

Cocites: 23

Documents which have cited the same bibliography

Coauthors: 0

Authors who have wrote about the same topic

Citations

Citations received by this document

  1. The Information Value of Past Losses in Operational Risk. (2023). Migueis, Marco ; Curti, Filippo.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2023-03.

    Full description at Econpapers || Download paper

  2. Is cloud computing the digital solution to the future of banking?. (2022). Qu, Yang ; Cheng, Maoyong ; Jiang, Chunxia ; Zhao, Chenchen.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:63:y:2022:i:c:s1572308922000948.

    Full description at Econpapers || Download paper

  3. Haste Makes Waste: Banking Organization Growth and Operational Risk. (2020). Frame, W ; McLemore, Ping ; Mihov, Atanas.
    In: Working Papers.
    RePEc:fip:feddwp:88596.

    Full description at Econpapers || Download paper

  4. Operational and cyber risks in the financial sector. (2020). Giudici, Paolo ; Gambacorta, Leonardo ; Aldasoro, Iñaki ; Leach, Thomas.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:14418.

    Full description at Econpapers || Download paper

  5. The drivers of cyber risk. (2020). Giudici, Paolo ; Gambacorta, Leonardo ; Aldasoro, Iñaki ; Leach, Thomas.
    In: BIS Working Papers.
    RePEc:bis:biswps:865.

    Full description at Econpapers || Download paper

  6. Operational and cyber risks in the financial sector. (2020). Giudici, Paolo ; Gambacorta, Leonardo ; Aldasoro, Iñaki ; Leach, Thomas.
    In: BIS Working Papers.
    RePEc:bis:biswps:840.

    Full description at Econpapers || Download paper

References

References cited by this document

  1. Abdymomunov, A. and Mihov, A. (2019). Operational risk and risk management quality: Evidence from U.S. bank holding companies. Journal of Financial Services Research, 56 (1):73–93. https://doi.org/10.1007/s10693-017-0284-3.

  2. Abdymomunov, A., Curti, F., and Mihov, A. (2020). U.S. banking sector operational losses and the macroeconomic environment. Journal of Money, Credit and Banking, 52(1):115– 144. https://doi.org/10.1111/jmcb.12661.

  3. Adams, R. and Driscoll, J. (2018). How the largest bank holding companies grew: Organic growth or acquisitions? FEDS Notes. Washington: Board of Governors of the Federal Reserve System, December 21, 2018. https://doi.org/10.17016/2380-7172.2282.
    Paper not yet in RePEc: Add citation now
  4. Afonso, G., Curti, F., and Mihov, A. (2019). Coming to terms with operational risk. Federal Reserve Bank of New York Liberty Street Economics.

  5. Afonso, G., Santos, J. A. C., and Traina, J. (2014). Do “too-big-to-fail” banks take on more risk? Economic Policy Review, 20(2):41 – 58.
    Paper not yet in RePEc: Add citation now
  6. Ahmed, A. S., Takeda, C., and Thomas, S. (1999). Bank loan loss provisions: A reexamination of capital management, earnings management and signaling effects. Journal of Accounting and Economics, 28(1):1 – 25. https://doi.org/10.1016/s0165-4101(99)00017-8.

  7. Allen, L. and Bali, T. G. (2007). Cyclicality in catastrophic and operational risk measurements. Journal of Banking & Finance, 31(4):1191 – 1235. https://doi.org/10.1016/j.jbankfin.2006.10.007.

  8. Basel Committee on Banking Supervision. International convergence of capital measurement and capital standards. Bank of International Settlements, 2006.
    Paper not yet in RePEc: Add citation now
  9. Brookings Papers on Economic Activity, 2016(2):57–127.
    Paper not yet in RePEc: Add citation now
  10. Chernobai, A. and Rachev, S. (2006). Applying robust methods to operational risk modeling.
    Paper not yet in RePEc: Add citation now
  11. Chernobai, A., Jorion, P., and Yu, F. (2011). The determinants of operational risk in U.S. financial institutions. Journal of Financial and Quantitative Analysis, 46:1683–1725. https://doi.org/10.1017/s0022109011000500.

  12. Chernobai, A., Ozdagli, A., and Wang, J. (2018). Business complexity and risk management: Evidence from operational risk events in U.S. bank holding companies. Journal of Monetary Economics, Forthcoming.

  13. Cope, E. W. and Carrivick, L. (2013). Effects of the financial crisis on banking operational losses. Journal of Operational Risk, 8(3):3 – 29. https://doi.org/10.21314/jop.2013.125.
    Paper not yet in RePEc: Add citation now
  14. Cope, E. W., Piche, M. T., and Walter, J. S. (2012). Macroenvironmental determinants of operational loss severity. Journal of Banking & Finance, 36(5):1362 – 1380. https://doi.org/10.1016/j.jbankfin.2011.11.022.

  15. Cummins, J. D., Lewis, C. M., and Wei, R. (2006). The market value impact of operational loss events for US banks and insurers. Journal of Banking & Finance, 30(10):2605 – 2634. https://doi.org/10.1016/j.jbankfin.2005.09.015.

  16. Curti, F. and Migueis, M. (2019). The information value of past losses in operational risk. Working Paper, Federal Reserve System.
    Paper not yet in RePEc: Add citation now
  17. de Fontnouvelle, P., Dejesus-Rueff, V., Jordan, J. S., and Rosengren, E. S. (2006). Capital and risk: New evidence on implications of large operational losses. Journal of Money, Credit and Banking, 38(7):1819–1846.

  18. Demirgüç-Kunt, A. and Huizinga, H. (2013). Are banks too big to fail or too big to save? International evidence from equity prices and CDS spreads. Journal of Banking & Finance, 37(3):875 – 894. https://doi.org/10.1016/j.jbankfin.2012.10.010.

  19. Ellul, A. and Yerramilli, V. (2013). Stronger risk controls, lower risk: Evidence from U.S. bank holding companies. The Journal of Finance, 68(5):1757–1803. https://doi.org/10.1111/jofi.12057.

  20. Embrechts, P., Kaufmann, R., and Samorodnitsky, G. (2004). Ruin theory revisited: stochastic models for operational risk. Risk Management for Central Bank Foreign Reserves, European Central Bank, pages 243–261.
    Paper not yet in RePEc: Add citation now
  21. Federal Reserve System. Regulatory capital rules: Implementation of risk-based capital surcharges for global systemically important bank holding companies. 2015.
    Paper not yet in RePEc: Add citation now
  22. Feng, G. and Serletis, A. (2010). Efficiency, technical change, and returns to scale in large U.S. banks: Panel data evidence from an output distance function satisfying theoretical regularity. Journal of Banking & Finance, 34(1):127 – 138. https://doi.org/10.1016/j.jbankfin.2009.07.009.

  23. Frame, W. S. and White, L. J. (2014). Technological change, financial innovation and diffusion in banking. Oxford Handbook of Banking, 2nd Edition edited by Allen Berger, Philip Molyneux, and John Wilson. https://doi.org/10.1093/oxfordhb/9780199688500.013.0011.

  24. Gillet, R., Hubner, G., and Plunus, S. (2010). Operational risk and reputation in the financial industry. Journal of Banking & Finance, 34(1):224 – 235. https://doi.org/10.1016/j.jbankfin.2009.07.020.

  25. Gropp, R., Hakenes, H., and Schnabel, I. (2011). Competition, risk-shifting, and public bail-out policies. The Review of Financial Studies, 24(6):2084–2120. https://doi.org/10.1093/rfs/hhq114.

  26. Hess, C. (2011). The impact of the financial crisis on operational risk in the financial services industry: Empirical evidence. The Journal of Operational Risk, 6(1):23–35. https://doi.org/10.21314/jop.2011.087.
    Paper not yet in RePEc: Add citation now
  27. Hirtle, B., Kovner, A., and Plosser, M. (2018). The impact of supervision on bank performance. Journal of Finance, Forthcoming.

  28. Hughes, J. P. and Mester, L. J. (2013). Who said large banks dont experience scale economies? Evidence from a risk-return-driven cost function. Journal of Financial Intermediation, 22(4):559 – 585. https://doi.org/10.1016/j.jfi.2013.06.004.

  29. James, C. (1991). The losses realized in bank failures. The Journal of Finance, 46(4): 1223–1242. https://doi.org/10.1111/j.1540-6261.1991.tb04616.x. Jarrow, R. A. (2008). Operational risk. Journal of Banking & Finance, 32(5):870 – 879. https://doi.org/10.1016/j.jbankfin.2007.06.006.

  30. Jobst, A. (2008). Operational risk: The sting is still in the tail but the poison depends on the dose. IMF Working Paper, 239(07).
    Paper not yet in RePEc: Add citation now
  31. Klugman, S. A., Panjer, H. H., and Willmot, G. E. Loss Models: From Data to Decision. Wiley, 1998.
    Paper not yet in RePEc: Add citation now
  32. Kovner, A., Vickery, J., and Zhou, L. (2014). Do big banks have lower operating costs? Economic Policy Review, 20(2):1 – 27.
    Paper not yet in RePEc: Add citation now
  33. Laeven, L. and Levine, R. (2007). Is there a diversification discount in financial conglomerates? Journal of Financial Economics, 85(2):331 – 367. https://doi.org/10.1016/j.jfineco.2005.06.001.

  34. Minton, B. A., Stulz, R. M., and Taboada, A. G. (2019). Are the largest banks valued more highly? Review of Financial Studies, 32(12):4604–4652. https://doi.org/10.1093/rfs/hhz036.

  35. Sarin, N. and Summers, L. (2016). Understanding bank risk through market measures.

  36. Wang, T. and Hsu, C. (2013). Board composition and operational risk events of financial institutions. Journal of Banking & Finance, 37(6):2042 – 2051. https://doi.org/10.1016/j.jbankfin.2013.01.027.

  37. Wheelock, D. C. and Wilson, P. W. (2012). Do large banks have lower costs? New estimates of returns to scale for U.S. banks. Journal of Money, Credit and Banking, 44(1):171–199. https://doi.org/10.1111/j.1538-4616.2011.00472.x.

Cocites

Documents in RePEc which have cited the same bibliography

  1. Exploring the non-linear dynamics between Commercial Real Estate and systemic risk. (2025). Kladakis, George ; Lux, Nicole ; Skouralis, Alexandros.
    In: Journal of Empirical Finance.
    RePEc:eee:empfin:v:82:y:2025:i:c:s0927539825000295.

    Full description at Econpapers || Download paper

  2. Operational loss recoveries and the macroeconomic environment: Evidence from the U.S. banking sector. (2024). Frame, Scott W ; McLemore, Ping ; Lazaryan, Nika ; Mihov, Atanas.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:165:y:2024:i:c:s0378426624001377.

    Full description at Econpapers || Download paper

  3. Climate Risks in the U.S. Banking Sector: Evidence from Operational Losses and Extreme Storms. (2023). Roman, Raluca ; Curti, Filippo ; Lazaryan, Nika ; Mihov, Atanas ; Berger, Allen N.
    In: Working Papers.
    RePEc:fip:fedpwp:97489.

    Full description at Econpapers || Download paper

  4. The Information Value of Past Losses in Operational Risk. (2023). Migueis, Marco ; Curti, Filippo.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2023-03.

    Full description at Econpapers || Download paper

  5. Does digital transformation matter for operational risk exposure?. (2023). Mollah, Sabur ; Islam, Nazrul ; Uddin, Md Hamid ; Ali, Md Hakim.
    In: Technological Forecasting and Social Change.
    RePEc:eee:tefoso:v:197:y:2023:i:c:s0040162523006042.

    Full description at Econpapers || Download paper

  6. Are the Largest Banking Organizations Operationally More Risky?. (2022). Frame, W ; Curti, Filippo ; Mihov, Atanas.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:54:y:2022:i:5:p:1223-1259.

    Full description at Econpapers || Download paper

  7. Operational Loss Recoveries and the Macroeconomic Environment: Evidence from the U.S. Banking Sector. (2022). Frame, W ; McLemore, Ping ; Lazaryan, Nika ; Mihov, Atanas.
    In: Working Papers.
    RePEc:fip:feddwp:94718.

    Full description at Econpapers || Download paper

  8. Operational Risk is More Systemic than You Think: Evidence from U.S. Bank Holding Companies. (2022). Curti, Filippo ; Sedunov, John ; Mihov, Atanas ; Berger, Allen N.
    In: Journal of Banking & Finance.
    RePEc:eee:jbfina:v:143:y:2022:i:c:s0378426622001996.

    Full description at Econpapers || Download paper

  9. Press freedom and operational losses: The monitoring role of the media. (2022). Lublóy, Ágnes ; Keresztúri, Judit Lilla ; Berlinger, Edina ; Tamasne, Zsuzsanna Vneki ; Kereszturi, Judit Lilla ; Lubloy, Agnes.
    In: Journal of International Financial Markets, Institutions and Money.
    RePEc:eee:intfin:v:77:y:2022:i:c:s1042443121002006.

    Full description at Econpapers || Download paper

  10. Is cloud computing the digital solution to the future of banking?. (2022). Qu, Yang ; Cheng, Maoyong ; Jiang, Chunxia ; Zhao, Chenchen.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:63:y:2022:i:c:s1572308922000948.

    Full description at Econpapers || Download paper

  11. Risk shifting and regulatory arbitrage: Evidence from operational risk. (2022). Clark, Brian ; Ebrahim, Alireza.
    In: Journal of Financial Stability.
    RePEc:eee:finsta:v:58:y:2022:i:c:s1572308921001212.

    Full description at Econpapers || Download paper

  12. Credit Enhancement Mechanism in Loan Securitization and Its Implication to Systemic Risk. (2021). Ivanov, Katerina.
    In: Discussion Paper Series.
    RePEc:msb:wpaper:2021-01.

    Full description at Econpapers || Download paper

  13. U.S. Banking Sector Operational Losses and the Macroeconomic Environment. (2020). Curti, Filippo ; Abdymomunov, Azamat ; Mihov, Atanas.
    In: Journal of Money, Credit and Banking.
    RePEc:wly:jmoncb:v:52:y:2020:i:1:p:115-144.

    Full description at Econpapers || Download paper

  14. Quantifying and Stress Testing Operational Risk with Peer Banks’ Data. (2020). Curti, Filippo ; Abdymomunov, Azamat.
    In: Journal of Financial Services Research.
    RePEc:kap:jfsres:v:57:y:2020:i:3:d:10.1007_s10693-019-00320-w.

    Full description at Econpapers || Download paper

  15. Haste Makes Waste: Banking Organization Growth and Operational Risk. (2020). Frame, W ; McLemore, Ping ; Mihov, Atanas.
    In: Working Papers.
    RePEc:fip:feddwp:88596.

    Full description at Econpapers || Download paper

  16. Are the Largest Banking Organizations Operationally More Risky?. (2020). Frame, W ; Curti, Filippo ; Mihov, Atanas.
    In: Working Papers.
    RePEc:fip:feddwp:88097.

    Full description at Econpapers || Download paper

  17. Operational and cyber risks in the financial sector. (2020). Giudici, Paolo ; Gambacorta, Leonardo ; Aldasoro, Iñaki ; Leach, Thomas.
    In: CEPR Discussion Papers.
    RePEc:cpr:ceprdp:14418.

    Full description at Econpapers || Download paper

  18. Operational and cyber risks in the financial sector. (2020). Giudici, Paolo ; Gambacorta, Leonardo ; Aldasoro, Iñaki ; Leach, Thomas.
    In: BIS Working Papers.
    RePEc:bis:biswps:840.

    Full description at Econpapers || Download paper

  19. An internal fraud model for operational losses in retail banking. (2020). Vega, Marco ; Paredes, Roc'Io.
    In: Papers.
    RePEc:arx:papers:2002.03235.

    Full description at Econpapers || Download paper

  20. Benchmarking Operational Risk Stress Testing Models. (2019). Migueis, Marco ; Curti, Filippo ; Stewart, Rob T.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2019-38.

    Full description at Econpapers || Download paper

  21. Tail Dependence and Systemic Risk in Operational Losses of the US Banking Industry. (2017). Tian, Weidong ; Ergen, Ibrahim ; Abdymomunov, Azamat.
    In: International Review of Finance.
    RePEc:bla:irvfin:v:17:y:2017:i:2:p:177-204.

    Full description at Econpapers || Download paper

  22. Predicting Operational Loss Exposure Using Past Losses. (2016). Migueis, Marco ; Curti, Filippo.
    In: Finance and Economics Discussion Series.
    RePEc:fip:fedgfe:2016-02.

    Full description at Econpapers || Download paper

  23. Business complexity and risk management: evidence from operational risk events in U. S. bank holding companies. (2016). Ozdagli, Ali ; Wang, Jianlin ; Chernobai, Anna.
    In: Working Papers.
    RePEc:fip:fedbwp:16-16.

    Full description at Econpapers || Download paper

Coauthors

Authors registered in RePEc who have wrote about the same topic

Report date: 2025-10-05 17:49:10 || Missing content? Let us know

CitEc is a RePEc service, providing citation data for Economics since 2001. Last updated August, 3 2024. Contact: Jose Manuel Barrueco.