Yener Altunbaş is a Professor in Banking at Bangor Business School. He holds a BSc (Economics) degree from the University of Hacettepe, Ankara and a PhD from the Unversity of Wales, Bangor. He worked first as an analyst with Ziraat and then as an economist in Etibank Banking Inc. in Turkey and as a Research Officer within the Institute of European Finance in the UK. Yener Altunbaş was employed as a Research Fellow with the Business School at South Bank University, London and as a Research Associate at the Centre of Business Research in Cambridge University. He also held a Visiting Researcher post at the European Central Bank (ECB), Bank for International Settlements (BIS) and a guest lectureship at the University of Yildirim Bayazit, Anakara, Turkey. Professor Altunbaş is currently a consultant for ECB, BIS and he is collaborating on research projects with other colleagues at the International Monetary Fund (IMF) and Central Bank of Turkey. Author of many articles on the structure and efficiency of banking markets, his main fields of research interest include: the study of European banks, efficiency, stock market analysis, corporate governance, electoral studies, regional economics and climate change. Recent research has also been concerned with marine biology.

Qualifications

PhD (Economics), University of Wales (Bangor).

BSc (Economics), University of Hacettepe, Ankara.

Bangor University Business School

Room 0.04, Hen Goleg

(0044)1248 382191

College Road

LL57 2DG

y.altunbas@bangor.ac.uk

http://www.bangor.ac.uk/business/staff/yener_altunbas.php.en

https://ideas.repec.org/f/pal422.html

http://scholar.google.co.uk/citations?user=1P1wHBoAAAAJ&hl=en

Teaching

Postgraduate Teaching

• Bank Financial Management (ASB-4402)
• Mergers and Acquisitions (ASB-4437)
• Supervision of PhD students

I am willing to supervise a PhD

2025

• E-pub ahead of printFinancial misconduct and bank risk-taking: evidence from US banks
  Altunbas, Y., Thornton, J. & Uymaz, Y., 21 Mar 2025, (E-pub ahead of print) In: Journal of Banking and Finance. 21 p., 107433.
  Research output: Contribution to journal › Article › peer-review

2024

• PublishedBusiness model and ESG pillars: The impacts on banking default risk
  Palmieri, E., Ferilli, G., Altunbas, Y., Stefanelli, V. & Geretto, E. F., 1 Jan 2024, In: International Review of Financial Analysis. 91, 1, 13 p., 102978.
  Research output: Contribution to journal › Article › peer-review
• PublishedFintech governance and performance: Implications for banking and financial stability
  Ferilli, G., Altunbas, Y., Stefanelli, V., Palmieri, E. & Boscia, V., 1 Jun 2024, In: Research in International Business and Finance. 70, B, 23 p., 102349.
  Research output: Contribution to journal › Article › peer-review
• PublishedModelling Monetary and Fiscal Policy to Achieve Climate Goals
  Altunbas, Y., Qu, X. & Thornton, J., 1 Mar 2024, RED Nacional de Investigadores en Economia.
  Research output: Working paper

2023

• PublishedDisclosure and bank risk: Evidence from European banks
  Altunbas, Y., Khan, A. & Thornton, J., 1 Dec 2023, In: Finance Research Letters. 58, part B, 8 p., 104499.
  Research output: Contribution to journal › Article › peer-review
• PublishedDo M&As impact firm carbon intensity?
  Altunbas, Y., Khan, A. & Thornton, J., Dec 2023, In: Energy Economics. 128, 12 p., 107197.
  Research output: Contribution to journal › Article › peer-review
• PublishedEuro Area Banks’ Market Power, Lending Channel and Stability: The Effects of Negative Policy Rates
  Altunbas, Y., Avignone, G., Kok, C. & Pancaro, C., 1 Feb 2023, European Central Bank, 52 p. (Working Paper Series; no. 2790).
  Research output: Working paper
• PublishedMore foreign aid, less financial development
  Altunbas, Y., Thornton, J. & Vasilakis, C., 1 Nov 2023, In: Economia Internazionale/International Economics. 76, 4, p. 495-528 34 p.
  Research output: Contribution to journal › Article › peer-review

2022

• PublishedCombating climate change: The role of female managers in the workplace
  Altunbas, Y., Gambacorta, L., Alessio, R. & Velliscig, G., 16 Jun 2022, VOXEU.org.
  Research output: Other contribution
• PublishedDo banks fuel climate change?
  Altunbas, Y., Reghezza, A., Marques-Ibanez, D., Rodríguez d’Acri, C. & Spaggiari, M., Oct 2022, In: Journal of Financial Stability. 62, 101049.
  Research output: Contribution to journal › Article › peer-review
• PublishedDoes gender diversity in the workplace mitigate climate change?
  Altunbas, Y., Gambacorta, L., Reghezza, A. & Velliscig, G., 28 Feb 2022, 978-92-899-4983-5: European Central Bank, (Working Paper Series; no. 2650).
  Research output: Working paper
• PublishedDoes gender diversity in the workplace mitigate climate change?
  Altunbas, Y., Gambacorta, L., Reghezza, A. & Velliscig, G., 1 Dec 2022, In: Journal of Corporate Finance. 77, 22 p., 102303.
  Research output: Contribution to journal › Article › peer-review
• PublishedDoes inflation targeting increase income inequality?
  Altunbas, Y. & Thornton, J., 28 Jul 2022, In: Journal of Post Keynesian Economics. 45, 4, p. 558–580 23 p., 4.
  Research output: Contribution to journal › Article › peer-review
• PublishedFintech, financial inclusion and income inequality: a quantile regression approach
  Demir, A., Pesqué-Cela, V., Altunbas, Y. & Murinde, V., 2 Jan 2022, In: European Journal of Finance. 28, 1, p. 86-107 22 p.
  Research output: Contribution to journal › Article › peer-review
• PublishedMarket Power and Bank Systemic Risk: Role of Securitization and Bank Capital
  Altunbas, Y., Marques-Ibanez, D., van Leuvensteijn, M. & Zhao, T., May 2022, In: Journal of Banking and Finance. 138, 106451.
  Research output: Contribution to journal › Article › peer-review
• PublishedStock markets have been a one-way bet for many years thanks to the ‘Fed put’ – but those days are over
  Jones, E. & Altunbas, Y., 21 Feb 2022, The Conversation.
  Research output: Contribution to specialist publication › Article

2021

• PublishedCentralised or Decentralised Banking Supervision? Evidence from European Banks  
  Avignone, G., Altunbas, Y., Polizzi, S. & Reghezza, A., Feb 2021, In: Journal of International Money and Finance. 110, 102264.
  Research output: Contribution to journal › Article › peer-review
• PublishedDoes gender diversity in the workplace mitigate climate change?
  Altunbas, Y., Gambacorta, L., Reghezza, A. & Velliscig, G., 16 Nov 2021, Bank for International Settlements (BIS), 45 p. (BIS Working Papers; no. 977).
  Research output: Working paper
• PublishedEuropean Banking Union and bank risk disclosure: the effects of the Single Supervisory Mechanism
  Altunbas, Y., Polizzi, S., Scannella, E. & Thornton, J., 15 Jul 2021, In: Review of Quantitative Finance and Accounting.
  Research output: Contribution to journal › Article › peer-review
• PublishedMoney laundering and bank risk: evidence from US banks
  Altunbas, Y., Thornton, J. & Uymaz, Y., Oct 2021, In: International Journal of Finance and Economics. 26, 4, p. 4879-4894
  Research output: Contribution to journal › Article › peer-review

2020

• PublishedFinance and income inequality revisited
  Altunbas, Y. & Thornton, J., Nov 2020, In: Finance Research Letters. 37, 101355.
  Research output: Contribution to journal › Article › peer-review
• PublishedThe effect of CEO power on bank risk: Do boards and institutional investors matter?
  Altunbaş, Y., Thornton, J. & Uymaz, Y., Mar 2020, In: Finance Research Letters. 33, p. 101202 1 p.
  Research output: Contribution to journal › Article › peer-review

2019

• PublishedThe impact of financial development on income inequality: A quantile regression approach
  Altunbas, Y. & Thornton, J., Feb 2019, In: Economics Letters. 175, p. 51-56
  Research output: Contribution to journal › Article › peer-review

2018

• PublishedCEO tenure and corporate misconduct: Evidence from US banks
  Altunbas, Y., Thornton, J. & Uymaz, Y., Sept 2018, In: Finance Research Letters. 26, September, p. 1-8
  Research output: Contribution to journal › Article › peer-review
• PublishedMacroprudential policy and bank risk
  Altunbas, Y., Binici, M. & Gambacorta, L., 1 Mar 2018, In: Journal of International Money and Finance. 81, March, p. 203-220
  Research output: Contribution to journal › Article › peer-review

2017

• PublishedBanking on capital
  Altunbas, Y., Mangenelli, S. & Marques-Ibanez, D., 14 Nov 2017
  Research output: Non-textual form › Web publication/site
• PublishedMacroprudential Policy and Bank Risk
  Altunbas, Y., Binici, M. & Gambacorta, L., 3 Jul 2017, Bank for International Settlements (BIS), p. 1, 48 p. (BIS Working Papers; no. 646).
  Research output: Working paper
• PublishedMacroprudential Policy and Bank Risk
  Altunbas, Y., Binici, M. & Gambacorta, L., 18 Jul 2017, CEPR Discussion Paper, p. 1, 47 p.
  Research output: Working paper
• PublishedNew evidence on the effectiveness of macroprudential measures
  Altunbas, Y., Binici, M., Gambacorta, L. & Murcia, A., 5 Dec 2017
  Research output: Non-textual form › Web publication/site
• PublishedRealized Bank Risk during the Great Recession
  Altunbas, Y., Manganelli, S. & Marques-Ibanez, D., Oct 2017, In: Journal of Financial Intermediation. 32, p. 29-44
  Research output: Contribution to journal › Article › peer-review

2016

• PublishedDo better-capitalized banks lend less? Evidence from European banks
  Altunbas, Y., Di Tommaso, C. & Thornton, J., May 2016, In: Finance Research Letters. 17, p. 246-250
  Research output: Contribution to journal › Article › peer-review
• PublishedIs there a financial accelerator in European banking?
  Altunbas, Y., Di Tommaso, C. & Thornton, J., May 2016, In: Finance Research Letters. 17, p. 218-221
  Research output: Contribution to journal › Article › peer-review
• PublishedSecuritisation and banking risk: what do we know so far?
  Kara, A., Ozkan, A. & Altunbas, Y., Jan 2016, In: Review of Behavioural Finance. 8, 1, p. 2-16
  Research output: Contribution to journal › Article › peer-review
• PublishedWhy do countries adopt fiscal rules?
  Altunbas, Y. & Thornton, J., 5 Dec 2016, In: Manchester School. 85, 1, p. 65-87
  Research output: Contribution to journal › Article › peer-review

2014

• PublishedThe (small) blessing of foreign aid: further evidence on aid’s impact on democracy
  Altunbas, Y. & Thornton, J., 20 Aug 2014, In: Applied Economics. 46, 32, p. 3922-3930
  Research output: Contribution to journal › Article › peer-review

2012

• PublishedDo bank characteristics influence the effect of monetary policy on bank risk?
  Altunbas, Y., Gambacorta, L. & Marqués, D., 1 Oct 2012, In: Economics Letters. 117, 1, p. 220-222
  Research output: Contribution to journal › Article › peer-review
• PublishedDoes financial development reduce corruption?
  Altunbas, Y. & Thornton, J. S., 1 Feb 2012, In: Economics Letters. 114, 2, p. 221-223
  Research output: Contribution to journal › Article › peer-review
• PublishedFiscal Decentralization and Governance
  Altunbas, Y., Thornton, J. S., Altunbaş, Y. & Thornton, J., 1 Jan 2012, In: Public Finance Review. 40, 1, p. 66-85
  Research output: Contribution to journal › Article › peer-review

2011

• PublishedAre Homegrown Islamic Terrorists Different? Some UK Evidence
  Altunbas, Y. & Thornton, J. S., 1 Jan 2011, In: Southern Economic Journal. 78, 2, p. 262-272
  Research output: Contribution to journal › Article › peer-review

2010

• PublishedBank risk and monetary policy.
  Altunbas, Y., Gambacorta, L. & Marques-Ibanez, D., 1 Sept 2010, In: Journal of Financial Stability. 6, 3, p. 121-129
  Research output: Contribution to journal › Article › peer-review
• PublishedDoes Monetary Policy Affect Bank Risk-Taking
  Altunbas, Y., Gambacorta, L. & Marques-Ibanez, D., 31 Mar 2010, European Central Bank, (European Central Bank Working Paper Series; no. 1166).
  Research output: Working paper
• PublishedDoes Monetary Policy Affect Bank Risk-Taking?
  Altunbas, Y., Gambacorta, L. & Marques-Ibanez, D., 1 Mar 2010, Bank for International Settlements (BIS), (BIS Working Paper; no. n.298).
  Research output: Working paper
• PublishedLarge debt financing: syndicated loans versus corporate bonds.
  Altunbas, Y., Kara, A. & Marques-Ibanez, D., 1 May 2010, In: European Journal of Finance. 16, 5, p. 437-458
  Research output: Contribution to journal › Article › peer-review

2009

• PublishedBank risk and monetary policy.
  Altunbas, Y., Gambacorta, L. & Marques-Ibanez, D., 1 Jul 2009, European Central Bank. (European Central Bank Working Paper Series; no. 1075)
  Research output: Book/Report › Commissioned report
• PublishedSecuritisation and the Bank Lending Channel.
  Altunbas, Y., Gambacorta, L. & Marques, D., 1 Nov 2009, In: European Economic Review. 53, 8, p. 996-1009
  Research output: Contribution to journal › Article › peer-review
• PublishedTurkish Banking: Banking Under Political Instability and Chronic High Inflation
  Altunbas, Y., Kara, A. & Olgu, O., 1 Jan 2009, Palgrave Macmillan.
  Research output: Book/Report › Book

2008

• PublishedMean reversion of profitability: evidence from the European-listed firms.
  Altunbas, Y., Karagiannis, A., Liu, M. H. & Tourani-Rad, A., 1 Nov 2008, In: Managerial Finance. 34, 11, p. 799-815
  Research output: Contribution to journal › Article › peer-review
• PublishedMergers and acquisitions and bank performance in Europe: the role of strategic similarities.
  Altunbas, Y. & Marques, D., 1 May 2008, In: Journal of Economics and Business. 60, 3, p. 204-222
  Research output: Contribution to journal › Article › peer-review

2007

• PublishedCorporate governance and corporate ownership: The investment behaviour of Japanese institutional investors.
  Altunbas, Y., Kara, A. & Rixtel, A., 1 May 2007, In: Banco de España Occasional Papers. 703, p. 1-54
  Research output: Contribution to journal › Article › peer-review
• PublishedExamining the relationships between capital, risk and efficiency in European banking.
  Altunbas, Y., Carbo, S., Gardener, E. P. & Molyneux, P., 1 Jan 2007, In: European Financial Management. 13, 1, p. 49-70
  Research output: Contribution to journal › Article › peer-review
• PublishedWho transfers credit risk? Determinants of the use of credit derivatives by large US banks
  Ashraf, D., Altunbas, Y. & Goddard, J. A., 1 Jul 2007, In: European Journal of Finance. 13, 5, p. 483-500
  Research output: Contribution to journal › Article › peer-review

2004

• PublishedDeveloping country economic structure and the pricing of syndicated credits.
  Altunbas, Y. & Gadanecz, B., 1 Jun 2004, In: Journal of Development Studies. 40, 5, p. 143-173
  Research output: Contribution to journal › Article › peer-review

2002

• PublishedEvidence on the bank-lending channel in Europe.
  Altunbas, Y., Fazylov, O. & Molyneux, P., 1 Nov 2002, In: Journal of Banking and Finance. 26, 11, p. 2093-2110
  Research output: Contribution to journal › Article › peer-review

2001

• PublishedBank ownership and efficiency.
  Altunbas, Y., Evans, L. & Molyneux, P., 1 Nov 2001, In: Journal of Money, Credit and Banking. 33, 4, p. 926-954
  Research output: Contribution to journal › Article › peer-review

2022

• Bangor Business School (Organisational unit)

  Institute Of European Finance - Centre for Responsible Banking

  2022 →

  Links:

  • https://www.bangor.ac.uk/bbs/research
  Activity: Membership of network (Member)

• Environmental Sustainability Engagement of Banks and Systemic Risk - SUSBANK (Grant No. 896016)

  01/10/2020 – 08/08/2024 (Finished)