Showing 1 - 10 of 64
This paper analyzes the determinants of spreads on syndicated bank lending to emerging markets, treating the loan … interpretation of bank finance as dominating that segment of international financial markets characterized by the most pronounced …
Persistent link: https://www.econbiz.de/10012471681
bank segregations are effective in cleaning up balance sheets and promoting bank lending only if they combine … purchases are funded privately; (ii) smaller shares of the originating bank's assets are segregated; and (iii) asset segregation … problem associated with the creation of a bad bank …
Persistent link: https://www.econbiz.de/10012841855
This paper argues that the decline in cross-border banking since 2007 does not amount to a broad-based retreat in international lending ("financial deglobalisation"). We show that BIS international banking data organised by the nationality of ownership ("consolidated view") provide a clearer...
Persistent link: https://www.econbiz.de/10012953022
first comprehensive empirical analysis of bank CoCo issues, a market segment that comprises over 730 instruments totaling …
Persistent link: https://www.econbiz.de/10012942917
for banking when comparing cross-border positions with domestic credit, using the most extensive dataset on global bank …
Persistent link: https://www.econbiz.de/10012948797
This paper explores the basic question of whose monetary policy matters for banks' international lending. In the international context, monetary policies from several countries could come into play: the lender's, the borrower's, and that of a third country, the issuer of the currency in which...
Persistent link: https://www.econbiz.de/10012912467
channel, one bank's capital policy affects the equity value and risk of default of other banks. In a model where such … externalities are strong, bank capital takes on the attribute of a public good, where the private equilibrium features excessive … implications of the model with observed bank behavior during the crisis of 2007-09 …
Persistent link: https://www.econbiz.de/10012983304
market. When supported banks' investment strategy differed materially from that of the average bank it was in holding less …
Persistent link: https://www.econbiz.de/10014210963
counter-cyclical capital schemes is whether conditioning variables are bank-specific or system-wide. The evidence presented in … the paper indicates that the idiosyncratic component can be sizable when a bank-specific approach is used. This makes a …
Persistent link: https://www.econbiz.de/10013139916
The paper examines the basic rationale and features of the proposals adopted to separate specific investment and commercial banking activities (Volcker rule, Vickers and Liikanen proposals). In particular, it focuses on the likely implications of such initiatives for: (i) financial stability and...
Persistent link: https://www.econbiz.de/10013081961