This paper reviews the market reaction to bank rescue packages announced in six countries between October 2008 and … shareholders as seen in the movement of bank stock prices. Government interventions benefited creditors at the expense of … shareholders, with bank CDS spreads narrowing around the announcements in all cases. Despite a brief positive reaction, bank stock …

A number of countries' authorities put in place bank rescue packages using public funds in response to the global …

This paper investigates the effects of macroprudential policies on bank risk through a large panel of banks operating … macroprudential tools have a significant impact on bank risk. Second, the responses to changes in macroprudential tools differ among … for bank-specific characteristics, macroprudential policies are more effective in a tightening than in an easing episode …

. Specifically, it takes stock of the salient new features of bank and CCP international standards within a unified analytical …

-dependent bank capital regulation (CR). Bank leverage choices are subject to the risk-return trade-off: high leverage increases … expected return on capital, but also increases return variance and bank failure risk. Financial frictions imply that bank … leverage choices are socially inefficient, providing scope for a welfare-enhancing CR that imposes a cap on bank leverage. The …

introduction of liquidity regulations. These changes were motivated in part by the argument that central bank lending entails … institutions. Using examples from the recent crisis, we argue that central bank lending is the best response in the former …

To the best of our knowledge, this is the first study to estimate the effect of liquidity regulation on bank balance … the overall size of bank balance sheets or a detrimental impact on lending to the non-financial sector either through … claims on other financial institutions with cash, central bank reserves and government bonds - and so reduced the …

s. We then consider the role played by weaknesses in prudential regulation and supervision of both banks and non-bank …