the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent … long-term. In this respect, bank penalties resemble still waters that run deep. In contrast, a settlement with regulatory …

financial crisis of the 20th century – the Great Depression. Using balance-sheet and systemic risk measures at the bank level …, we build an econometric model with incidental truncation that jointly considers bank survival, the type of bank closure … (consolidations, absorption, and failures), and changes to bank risk. Despite roughly 9,000 bank closures, risk did not leave the …

U.S. banking crisis of the 20th century. Our systemic risk measure captures both the credit risk of an individual bank … as well as a bank’s position in the network. We construct linkages between all U.S. commercial banks in 1929 and 1934 so … banking crisis that occurred between 1930{33 raised systemic risk per bank by 33% and increased the riskiness of the very …

We propose a dynamic bank theory with a delayed loss recognition mechanism and a regulatory capital constraint at its … core. The estimated model matches four facts about banks’ Tobin’s Q that summarize bank leverage dynamics. (1) Book and … market equity values diverge, especially during crises; (2) Tobin’s Q predicts future bank profitability; (3) neither book …

Bank intermediated finance has been cited frequently as the preferred means for channeling funds from savers to firms … assertions about the considerable power of German banks and the advantages of a bank relation, empirical support is mixed. With a … unique dataset and a focus on the fragility/sturdiness of inferences, this paper evaluates German bank influence in terms of …

We analyze the microeconomic determinants of cross-border bank acquisitions in 16 transition economies over the period …

survival of top executives (Presidents, CEOs and General Managers) to bank performance and the manager's local connections …, controlling for (observable and unobservable) bank and manager characteristics by exploiting longitudinal information on bank …-manager appointments. We measure the extent? of managers' local connections by the distance between the province of the bank's headquarters …