We present insolvency practitioners from 88 countries with an identical case of a hotel about to default on its debt …

) attributed to corporate financial roots provide a benchmark for comparison. Firm-level data show that post-GFC, emerging market …

Bank branch density, defined as the number of bank branches to total deposits, has significantly declined over the past …

In recent years, assets of non-bank financial intermediaries (NBFIs) have grown significantly relative to those of …. We argue instead that NBFI and bank businesses and risks are so interwoven that they are better described as having … contingent liquidity risk from the provision of credit lines to NBFIs; and (iii) Empirical work confirms bank-NBFI linkages …

shows how several ways in which the actual world of international lending departs from these conditions give both lenders …