Financial conglomerates, combining banking, securities trading, and insurance, have become an important part of the … institutional set-up, we turn to the discussion of the following question: How can a supervisor devise a framework of supervision …

culture and organizational behaviour for financial supervision. First, we discuss how corporate culture is often linked to … relevant to monitor. The realization that these mechanisms may materialize seems an important starting point for supervision …

the banking regulator (moral hazard). In designing optimal contracts the regulator faces a tradeoff between inducing …This study considers the optimal regulation of a single bank that has private information on the intrinsic quality of … proper incentives for efficient banking and costs of regulation in terms of leaving an informational rent for a high quality …

Over the past few decades, the worldwide banking industry has undergone strong consolidation. As a result, the number …

effects of regulatory policies in the form of deposit insurance, capital requirements, bank monitoring, bank closure policy as … well as the optimal design of regulatory policy are discussed. From a first look at the practice of regulation it is …

reasonableness of estimating a combined cost or profit frontier for European and U.S. banks. We find that, while a single profit …

supervision towards the analysis of bank business models with a sound economic basis. The bottom-line for supervisors - in our … view - is that it is essential to understand where the profit comes from and what risks the bank or the banking sector is …

This paper provides a survey on recent developments in the European banking industry. Traditional banking activities …