instead of cards. Banks use card interchange revenues to cover cash distribution costs. For merchants, interchange fees …

We show how banks' excessive risk-taking, stemming from informational asymmetries in loan markets, can lead to an …

disciplining banks. Under our proposal, investors buy the subdebt of a bank only if they receive favourable information about the … bank, and the bank is subject to a regulatory examination if it fails to issue subdebt. By forcing banks to be examined … when they are likely weak, subdebt regulation not only reduces the chance that managers of distressed banks can take value …

decisions, we examine whether banks take into consideration the gender of CFOs when pricing bank loans. We find that in our … method and a differences-in-differences approach. Overall, our results suggest that banks tend to recognize the role of …

volumes remain essentially unchanged, because banks previously specializing in low-risk lending can adapt by granting both low …