-important-to-fail problem. It is argued that while the more radical of these proposals such as narrow utility banking do not adequately address …

cross-border banks. Using a sample of 25 large European banking groups with subsidiaries in Central, Eastern and Southern … Europe (CESE), we analyze the impact of a CESE credit shock on the capital buffers needed by the sample banking groups under … different forms of ring-fencing. Our simulations show that under stricter forms of ring-fencing, sample banking groups have …

paper first presents stylized facts of international banking activities during the crisis. It then describes a simple model … liabilities of banks, a global deleveraging of international banking activities can occur. Simple simulations are presented to …€™ banking systems during the financial crisis to calibrate the shock. The outcome of the simulations is compared with the …

explaining banks' probability of default. By confirming the role of funding as the driver of banking crisis, the paper also … recognizes that the new liquidity framework proposed by the Basel Committee on Banking Supervision appears to have the features …

When a country's banking system becomes more linked to the global banking network, does that system get more or less … prone to a banking crisis? Using model simulations and econometric estimates based on a world-wide dataset, we find an M …-shaped relationship between financial stability of a country's banking sector and its interconnectedness. In particular, for banking …