The recent financial crises have brought into focus questions regarding the quality of banks' assets. We study the … patterns in banks reserving for and reporting of loan losses in the EU before and after implementation of the Single … Supervisory Mechanism (SSM). We find that banks that 1) have less tier 1 capital, 2) are smaller, 3) are less liquid and 4) have …

We argue that a transaction tax is likely to amplify, not dampen, volatility in the foreign exchange markets. Our …' traders' valuations. Since informed traders' valuations are likely to be less dispersed, a transaction tax penalises informed …

euro area: the Single Euro Payments Area (SEPA). Against this background, the present paper examines the fundamental …, using accounting ratios and efficiency measures. The results confirm that banks perform better in countries where the retail … also have a positive influence on the performance of commercial banks. Additionally, our findings reveal that the impact of …

We study the optimal precision of public information disclosures about banks assets quality. In our model the precision … of information affects banks' cost of raising funding and asset profile riskiness. In an imperfectly competitive banking … sector, banks'stability and social surplus are non-monotonic functions of precision: an intermediate precision (or low …

municipalities by their statutes, local public banks compensated for declining municipal-debt yields by charging higher rates to …

exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998-2002. Bank exit … costs for banks are lower …

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