College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame … Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial …

during financial crises in emerging markets. We find that German banks reacted to the Asian crisis mainly by reallocating … necessarily indicate a spontaneous reaction to the Asian crisis. By contrast, the banks' behaviour during the Russian crisis is … heterogeneity with panel estimation techniques. We find that the lending of large commercial banks was less stable than the lending …

benefits from diversification and the costs of contagion may be optimally traded off if banks from some but not from all …Heterogenous banking supervision and regulation is often considered as the most important impediment for Pan … retail banking. We argue that the distribution of regional liquidity shocks may pose a natural limit to the extent of cross …

not offset by substitution to other banks which use the traditional approach. …

system to interbank contagion. Third, the more concentrated assets are within a money center model, the less stable it is …. Fourth, a money center model with asset concentration among core banks is less stable than a random graph with banks of …

We look at the effect of capital rules on a banking system that is connected through correlated credit exposures and …

by this development. At the same time, banks substantially reduced their international investment, possibly the result of …