about the pass-through of monetary policy. On the one hand, negative rates could lead to declining bank profitability making … an expansionary monetary policy contractionary. Also, if interest rates are too low for too long banks could be induced … interest rates per se. This paper uses a large micro level data set of the German bank universe to examine how banks behave in …

In the presence of negative monetary-policy rates and a zero lower bound on deposit rates, banks that are more exposed … to central banks’ asset-purchase programs reduce their lending to the real economy by more than their counterparts. When … banks face a lower bound on customer deposit rates, an asset swap between securities and reserves reduces banks’ net worth …

which banks are to be shut down before they can go bankrupt, and (ii) a loss allocation – or bailout – decision of who pays … for banks that have failed despite regulatory oversight. Each of these choices can either be taken in a centralized or in …

The aim of this paper is to investigate the long run relationship between the development of banks and stock markets … as evidence supporting the significance of financial development for economic development although banks and stock …

traditional banks to modernize their core business activities. Banks attempt to confront the challenges of digitalization by … banks to form alliances with fintechs. Furthermore, we analyze whether such bank-fintech alliances affect the market … valuation of banks. We provide descriptive evidence on the different forms of alliances occurring in practice. Using hand …

The current financial crisis has sparked intense debate about how weak banks should be resolved. Despite international …