failures neglect the ordinal nature of bank distress. Exploiting the distress database of the Deutsche Bundesbank we … distinguish four different distress events that banks experience. Only the worst entails a bank to exit the market. Weaker orders … of distress are, first, compulsory notifications of the authorities about potential problems, second, corrective actions …

We investigate the relationship between real estate markets and bank distress among German universal and specialized … bank distress (PDs). But higher prices at given rents may also indicate excessive expectations regarding the present value …