transforms existing financial claims against ultimate borrowers that have been originated by traditional banks. Based on … non-financial private sector had been originated by shadow banks. Consequently, dampening credit creation by the …

In this paper, we analyze the impact of banks' non-interest income share on risk in the German banking sector for the … on risk significantly differs depending on banks' overall business model. More specifically, we show banks with retail …-oriented business model such as savings banks, cooperative banks and other retail-oriented banks become significantly more stable if …

banks in the time period between 1995 and 2013, before the Basel III liquidity regulation to address excessive maturity …. Using a dataset that contains information on critical events of German banks, we find that financing loans using fewer … customer deposits would have been associated with a higher probability of financial distress for savings banks and credit …

We study how contingent capital affects banks' risk choices. When triggered in highly levered states, going …

the literature, we include a large number of unlisted banks in our sample which represent the majority of banks in the EU …. We show that banks with high rates of loan growth are more risky. Moreover, we find that banks will become more stable if …, decreases with bank size possibly because large banks are more active in volatile trading and off-balance sheet activities such …

rate in this market cannot be a result of collateral constraints keeping banks from using the overdraft for arbitrage …

Our results uncover a so far undocumented ability of the interbank market to distinguish between banks of different … banks to roll over their interbank debt was not due to a failure of the interbank market per se but rather to bankspecific … shocks affecting banks' capital, liquidity and credit quality as well as revised banklevel risk perceptions. Relationship …

leverage, unlike the GK model. For a reasonably calibrated combination shocks to the net worth of banks and non-financial firms …

banking, which holds that banks increase the nominal purchasing power of the economy when they create additional deposits in …

Based on a detailed trade-level dataset, we analyze the proprietary trading behavior of German banks in the months … German banking system that was both unexpected and exogenous. We examine banks' immediate reactions as well as their … banks' trading behavior by inducing shifts towards eligible securities and reducing pressure on market liquidity. This …