affects bank lending depends on the whether the banks are drawing on official sector liquidity facilities. Third, liquidity … heterogeneity in the balance sheet characteristics that affect banks' responses to liquidity risk. Overall, bank balance sheet …Activities of international banks have been at the core of discussions on the causes and effects of the international …

risk in the US financial sector. We find that the PoDs are superior to CDS in identifying the high risk banks prior to the …

banks with foreign affiliates for the years 2002-2011, we study bank internationalization before and during the crisis. Our …The global financial crisis has brought to an end a rather unprecedented period of banks' international expansion. We … data allow analyzing not only the international assets of the banks' headquarters but also of their foreign affiliates. We …

bank credit. We find that banks with strong balance sheets were better able to maintain lending during the crisis. In …We examine the role of bank balance sheet strength in the transmission of financial sector shocks to the real economy …. Using data from the syndicated loan market, we exploit variation in banks' reliance on wholesale funding and their …

to an executive board is an outsider (an individual without previous employment at the bank) compared to being an insider …

The question of whether or not mergers and acquisitions have helped to enhance banks' efficiency and profitability has … problems involved. In this study, we analyze the effect of German bank mergers in the period 1995-2000 on banks' profitability … predominantly under-performing banks engage in mergers. Our results indicate a neutral effect of mergers on profitability and a …

different banks as being best or worst performers. Our main conclusion is that efficiency studies in general and bank efficiency … analysis. For a fairly homogenous sample of German savings and cooperative banks, we analyze how alternative theoretical …

active banks. For the period from 2002 to 2010, we look at quarterly transaction data (excluding valuation effects) on long …-term loans issued by the largest 69 German banking groups to the private sector of 66 countries. We show that the parent bank …'s lending adjustment is based almost exclusively on supply-side determinants, in particular on bank-specific factors. However …

We use a unique data set that comprises each bank's bids in the Eurosystem's main refinancing operations and its … recourse to the LOLR facility (a) to derive banks' willingness-to-pay for liquidity through a one-week repo and (b) to show … that a bank's willingness-to-pay is a good indicator for the probability that this bank draws on the LOLR facility. Our …