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banks in the sample, according to their systemic importance scores. The methodology is then applied to EU and Eurozone … samples of banks to obtain their systemic importance ranking and SIFI lists. This is one of the first methodologies capable of … identifying systemically relevant banks at the European level. A statistical analysis and some geographical and historical …
Persistent link: https://www.econbiz.de/10011099597
Brothers demise to help banks retain access to wholesale funding. We describe the evolution and the pattern of bond issuance … new market, namely the significant �tiering� of the spreads paid by banks at issuance, finding that they mainly …
Persistent link: https://www.econbiz.de/10008626021
We document the development of the major international banks since the late 1990s, analysing balance-sheet data for 27 …, revealed all its shortcomings when the crisis erupted. European banks displayed greater fragilities in their business models …
Persistent link: https://www.econbiz.de/10011100388
tranches inflicted severe losses on banks, calling into question the credibility of Rating Agencies. I discuss the limits of …
Persistent link: https://www.econbiz.de/10008677911
September 2008, in order to support banks and other financial institutions. We first provide an overview of the programmes … the issuance of government guaranteed bonds by banks, examining their impact on banks� funding and highlighting …
Persistent link: https://www.econbiz.de/10004964392
This paper tests the role of different banks� liquidity funding structures in explaining the bank failures that occurred in the United States between 2007 and 2009. The results highlight that funding is indeed a significant factor in explaining banks� probability of default. By...
Persistent link: https://www.econbiz.de/10009350682
This paper investigates the determinants of the investment activity of Sovereign Wealth Funds (SWFs) at a macro level, with special emphasis on the possible reaction to a financial crisis in a potential target economy. The analysis relies upon a specially built proprietary database, which...
Persistent link: https://www.econbiz.de/10011099703
The focus of the present volume - which originates from a workshop held at the Bank of Italy on 16 and 17 April 2009 - is the regulatory response given to financial crises in the past, across countries. Alongside the scholarly interest of such a review its aim is also to offer some insights that...
Persistent link: https://www.econbiz.de/10008458259
of data on banks’ balance sheets, central banks and money market funds; on interest rates on deposits and loans; on non …
Persistent link: https://www.econbiz.de/10011277926
steeper than the one approved by the Basel Committee. Finally the difference between the spread/rating relation of banks and …
Persistent link: https://www.econbiz.de/10005113515