requirement as well as the resulting change in bank capital. A spreadsheet is attached which allows to reproduce all the …

The role of information’s processing in bank intermediation is a crucial input. The bank has access to different types … a bank relationship, is qualitative and non verifiable, therefore manipulable, but produces more precise estimation of … to the banker but requires particular organizational modifications within the bank, as it allows to reduce capital …

, our data from a very large US bank show that this bank could suffer, on average, more than four major losses a year. This … bank had seven losses exceeding hundreds of millions of dollars over its 52 documented losses of more than $1 million … characteristic exponent is 0.95 ? ? ? 1) shows that this bank can fear extreme operational losses ranging from $1 billion to $11 …