, as well as an enhanced framework for bank regulation, supervision, and resolution that could mitigate the need to change …This article investigates the nexus of competition and stability in European banking. It analyzes the European legal … framework for competition policy in banking and several cases that pertain to anti-cartel policy, merger policy, and state …

We model a banker's future bonuses as a series of call options on the bank's profits and show that bonus caps and … the model to US banking data and show that lengthening the standard one-year bonus payment interval has no material impact …

bank suffices for unexpected losses with a 95%-99% probability. This translates into an expected bank failure rate as high … as once in twenty years. Even if the bank's interest income is incorporated into our model, the expected failure rate is …

Failure in bank corporate governance has been seen as a contributing factor to excessive risk-taking pre-crisis with … managerial incentives on bank crisis performance is scarce. Moreover, bank strategy has not previously been accounted for. Hence …

theoretical background for the regulation of financial institutions, especially insurance and banking companies, and, finally …A topical concern in public-policy debate is that the current capital adequacy regulation designed for stand …