Finance

The LE Europe Financial Services team has a long and proven track record of advising private and public clients on financial sector issues through theoretical and empirical economic analysis and consumer behaviour analysis of wholesale and retail financial markets, financial sector policy and financial institutions.

What we do

Help clients in addressing their issues by providing focused and academically robust analysis, studies and policy recommendations using a multi-disciplinary approach. We work with both micro and macro data, use various state-of-the-art econometric and non-parametric techniques, undertake surveys, run financial services user experiments, run stakeholder consultations and workshops. Our work is frequently peer-reviewed by academics.

How we do it

We apply state-of-the-art analytical tools to client questions and issues in retail and wholesale financial markets and infrastructures.

We work for:

  • Policy-makers
  • Regulators
  • Financial sector trade associations
  • Financial institutions
  • NGOs

We carry out:

  • Market analyses
  • Competition analysis
  • Ex-ante and ex-post impact assessments
  • Policy and program analysis and evaluations
  • Consumer analysis
  • Financial sector client behaviour experiments and analysis

We advise clients on issues related to:

  • The functioning of capital markets (equity markets, fixed income markets, money markets and others)
  • Banking
  • Credit markets
  • Payment services
  • Insurance markets
  • Regulation of institutions (banks and non-banks)
  • Financial sector infrastructure (clearing and settlement and payment services)
  • Personal debt and bankruptcy
  • Debt advice to consumers
  • Consumers in financial markets

For further information on our Behavioural Economics team, please click here.

Case studies

Examples of our work include:

Economic Impact Evaluation of the Enterprise Finance Guarantee (EFG) Scheme

LE Europe was commissioned by the British Business Bank to evaluate the Enterprise Finance Guarantee (EFG) scheme. The evaluation estimated the economic impact created by the EFG scheme, and provided a detailed cost benefit analysis which established the economic gains of the scheme to the UK economy.

Asset Management Market Studey - Experimental Consumer Research and Focus Groups

As part of the FCA’s Asset Management Market study, LE Europe conducted a behavioural experiment to test the impact of different ways of presenting information on charges on the extent that retail investors pay attention to charges in their decision-making.

Impact of the Capital Requirements Regulation (CRR) on the Access to Finance for Business and Long-term Investments

This study assessed whether increased minimum capital requirements, through observed changes in banks’ regulatory capital ratios, impact bank lending using data on a broad sample of banks in Europe, including for the period since the entry into force of the CRR on 1 January 2014. The research was commissioned by the Directorate-General for Financial Stability, Financial Services and Capital Markets Union (DG FISMA).

Statistical Background Information for the Independent Review of the Funding of Debt Advice in England, Wales, Scotland and Northern Ireland

LE Europe was commissioned by the Independent Review of the Funding of Debt Advice in England, Wales, Scotland and Northern Ireland to provide an extensive statistical background document describing development of household debt at both a macro and micro level, the problems that high debt levels cause for individuals and households, the supply of debt advice by some of the major free advice providers and the demand for debt advice.

 

The team

Our core team is comprised of:

Patrice Muller
Senior Managing Partner
pmuller@le-europe.eu
+44 (0) 20 3701 7702

Shaan Devnani
Associate Director
sdevnani@le-europe.eu
+44 (0) 20 3701 7709

Laura Koch
Senior Economic Consultant
lkoch@le-europe.eu
+44 (0) 20 3701 7718

Daniel Herr
Economic Consultant
dherr@le-europe.eu
+44 (0) 20 3701 7715

Martin Kábrt
Economic Consultant
mkabrt@le-europe.eu
+44 (0) 20 3701 7716