particular, I find that a bank affiliated with a multi-bank holding company is significantly safer than either a stand-alone bank … or a bank affiliated with a one-bank holding company. Not only does affiliation reduce the probability of future … other banks. Moreover, the effects of affiliation are strengthened for an expanding bank holding company. However, the …

had a measurable effect on the stock market valuation of the forty-two bank holding companies subject to the SEC order. I …

Using data from bank holding company regulatory reports, we examine the relationshipbetween stock repurchases and … financial performance for a large sample of bank holding companies over the years 1987 to 1998. The primary result is that … be driven primarily by bank holding companies with publicly traded stock, especially those companies whose stock is …

]) or a response to variations in the aggregate volume of credit (as proposed by Christiano et al. [2007]). We then examine … in the financial sector that increase equilibrium spreads and contract the supply of credit. We conduct our analysis … using a simple DSGE model with credit frictions (Curdia and Woodford 2009), comparing the equilibrium responses to various …

--in particular, balance sheet constraints and counterparty credit risk. The empirical evidence supports the Fed's views on the … primacy of balance sheet constraints in the earlier stages of the crisis and the increased prominence of counterparty credit …

Shadow banks conduct credit intermediation without direct, explicit access to public sources of liquidity and credit … guarantees. Shadow banks contributed to the credit boom in the early 2000s and collapsed during the financial crisis of 2007 …