systemic risk. Multivariate extreme value theory approach is used to estimate these measures. Using six big Canadian banks as … the proxy for Canadian banking sector, we apply these measures to identify systemically important banks in Canadian … evidence reveals that (i) the top three banks, RBC Financial Group, TD Bank Financial Group, and Scotiabank are more …

We employ a comprehensive data set and a variety of methods to provide evidence on the magnitude of large banks … Canadian banks. The banking sector in Canada provides a unique setting in which to examine market discipline along with the … prospects of proposed reforms, because Canada has no history of government bailouts. Our results suggest that large banks likely …

Many countries prohibit large shareholdings in their domestic banks. The authors examine whether such a restriction … authors show that an economy with blockholders often leads to a more competitive banking sector. Hence, a restriction on the …

that this relationship varies depending on a bank’s business model and the state of the economy. These results are … authors analyse the impact of liquid asset holdings on bank profitability for a sample of large U.S. and Canadian banks …. Results suggest that profitability is improved for banks that hold some liquid assets, however, there is a point at which …

In October 2006, Dominion Bond Rating Service (DBRS) introduced new ratings for banks that account for the potential of … government support. The rating changes are not a reflection of any changes in the respective banks’ credit fundamentals. We use … banks with higher bail out probabilities tend to increase their risk taking less compared to banks that were ex ante …