strength and extraordinary sovereign support and provide an estimate of banks' creditworthiness. Thus, the impact of the …

swap lines stands out. This paper studies the build-up of stresses on banks' balance sheets that led to this coordinated … the major national banking systems. This allows us to investigate the structure of banks' global operations across their …

informational asymmetries. Banks can overcome these asymmetries through relationship lending, or at least mitigate their effects by … may find it difficult to raise funds from banks. In this paper, we show that even in this case, small firms may improve …

measures of default probabilities of individual banks and forecasted asset return correlations. Importantly, using realized … health of major US banks... …

Since the mid-1990s, major Japanese banks have sold off a significant portion of their holdings of corporate equity …. Using information on the identity of Japanese firms' top 10 shareholders, this paper explores the process of banks' equity … disposal. There is some evidence that, after FY2001, banks' sales of equity accelerated, even holdings in firms for which the …

Banks that enjoyed generous external financial support tended to under-price risk in theinternational syndicated loan … market and did not show signs of innovation in their loanparticipations. Loans arranged by such banks had on average lower … spreads (controlling forrisk and other characteristics) and these banks retained loans that were on average pricedbelow market …