During the last years the lending business has come under considerable competitive pressure and bank managers often … are able to explain the financial performance of bank lending activities. The analysis is based on the CFS-data-set that …

. In this paper we raise the question whether credit asset securitization affects the cyclicality (or commonality) of bank … equity values. The commonality of bank equity values reflects a major component of systemic risks in the banking market … plausible assumptions concerning bank reinvestment behaviour and capital structure choice, the issuing intermediarys systematic …

shape of MMF reform has been influenced by a turf war among regulators as the SEC has battled with bank regulators both … about the need for additional reforms and about the structure and timing of those reforms. Bank regulators have been …

previous research on the role of central banks as lenders of last resort in crises and on the real effects of bank lending and …

factors. We account for interdependencies between sovereign and bank CDS spreads and we derive generalised impulse response … or country-specific bank index to other sovereign or bank CDSs between October 2009 and July 2012. Channels of …

This paper analyzes the emergence of systemic risk in a network model of interconnected bank balance sheets. Given a … shock to asset values of one or several banks, systemic risk in the form of multiple bank defaults depends on the strength … of balance sheets and asset market liquidity. The price of bank assets on the secondary market is endogenous in the model …

sovereign bonds of the Eurozone. …