system. In contrast, the SLS focusses on the problematic banks which suffer a liquidity shortfall. These measures provide an … banks' strategic responses to a market undergoing sharp price declines. We test our approach using several applications … banks' US dollar business and the recent COVID-19 crisis. …

large banks) have been receiving, there is no consistent picture of the impact of mergers on the stability of the financial … assumptions, e.g. connectivity, contagion channel and the merger process, on different static and dynamic stability measures. We … diversification of single banks and support their resilience to shocks, and may slow down contagious default. However, merger …

highlight an opposite effect: higher profitability loosens bank borrowing constraints. This enables profitable banks to take …

We show that negative monetary policy rates induce systemic banks to reach-for-yield. For identification, we exploit … the 26 largest euro area banking groups. Banks with more customer deposits are negatively affected by negative rates, as … higher returns. Effects are stronger for less capitalized banks, private sector (financial and non-financial) securities and …

We analyse the ftnancial forecasts small and medium-sized German banks provided in several waves of a quantitative … survey, called LIRES, and compare them with the results the banks actually realized. Based on this unique data set, we ftnd ….e. banks whose predictions are more accurate tend to have a higher return on assets. Looking at the forecasts made just before …

that time in general resilient to the default of large banks, i.e. did not exhibit substantial contagion risk. Even though … losses. Based on those distributions we propose measures for (i) systemic importance of single banks, (ii) vulnerability of … single banks, and (iii) vulnerability of the whole sector. The framework can be used for the calibration of macro …

system. In contrast, the SLS focusses on the problematic banks which suffer a liquidity shortfall. These measures provide an … banks' strategic responses to a market undergoing sharp price declines. We test our approach using several applications … banks' US dollar business and the recent COVID-19 crisis …

We analyze the impact of the announcement of the banking union on stock market returns of euro area banks against the … backdrop of three commonly held views of the banking union. We document positive individual abnormal returns for most banks …. Abnormal returns are large and positive on average, and they vary substantially across banks. The more systemically important a …