Several studies have recommended reliance on subordinated debt as a tool for monitoring banks by investors and for … fixed income unless the value of the bank’s assets falls below a predetermined threshold. In such an event, the debt … obligation is automatically converted to the bank’s common equities. By using a contingent claims valuation approach we present …

We examine wealth effects, for banks and insurers, of bank rights to sell and underwrite annuities. The stock …

of the relative health of community banks on economic growth and investigating potential transmission mechanisms for … market shares and higher efficiency rankings for small, private, domestically owned banks are associated with better economic … performance, and that the marginal benefits of larger shares are greater when the banks are more efficient. Only mixed support is …

banks that are in trouble through prompt corrective action and if necessary resolving them if their net worth falls to zero …

of the relative health of community banks on economic growth and investigating potential transmission mechanisms for … market shares and higher efficiency rankings for small, private, domestically owned banks are associated with better economic … performance, and that the marginal benefits of larger shares are greater when the banks are more efficient. Only mixed support is …

The purpose of this paper is to see whether and how G-10 banks have complied with the 1988 Basel Accord. The interest … similar to the 1988 agreement. However, very little is known about the reaction of non-US banks to the imposition of minimum … equations model to analyze adjustments in capital and credit risk at banks from G- 10 countries over the 1988-95 period. The …

effective from April 2001, requiring mandatory disclosure of information and a change in the corporate governance mechanisms of …