This paper examines what institutional and bank-specific factors determine bank stock price synchronicity. Using data … on 37 countries from 1996–2007, we find that bank stocks are more aligned with the whole market (1) during the financial … insurance; and (4) in countries that have lower bank-level disclosure. The results hold for both emerging and developed economy …

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 …

, as well as an enhanced framework for bank regulation, supervision, and resolution that could mitigate the need to change …

This paper evaluates bank exit regimes in selected financial centres using econometric methods. The focus is on bank … exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998–2002. Bank exit … regimes are studied from the perspective of bank creditors and bank shareholders. In order to apply econometric methods, the …

The 5th joint SUERF/Bank of Finland joint conference was held in Helsinki on 13 June 2013. The general theme of the …

We find that firms with greater tax avoidance incur higher spreads when obtaining bank loans. This finding is robust in … avoidance also incur more stringent non-price loan terms, incur higher at-issue bond spreads, and prefer bank loans over public …

We investigate the effects of credit ratings-contingent financial regulation on foreign bank lending behavior. We … examine the sensitivity of international bank flows to debtor countries’ sovereign credit rating changes before and after the …

This paper reconsiders the formal estimation of bank risk using the variability of the profit function. In our model …, point estimates of the variability of profits are derived from a model where this variability is endogenous to other bank …–2012q4. The findings show that bank risk was fairly stable up to 2001 and accelerated quickly thereafter up to 2007. We also …