We exploit variation in the share of seniors across European banking markets to construct an IV for banks' dependence … funding via targeted longer-term refinancing operations (TLTRO). This effect is stronger when banks face less competition …. Long-term central bank funding further motivates banks to reduce their dependence on debt issuance and increase their money …

affected banks and by non-affected non-bank financial institutions (NBFIs)? To answer this question, we apply a difference … that insurance companies, financial enterprises, and factoring companies - but not leasing companies - and Non-EBA banks … expand their corporate lending relative to EBA banks. In particular, NBFIs use the opportunity to expand their credit …

We exploit variation in the share of seniors across European banking markets to construct an IV for banks' dependence … funding via targeted longer-term refinancing operations (TLTRO). This effect is stronger when banks face less competition …. Long-term central bank funding further motivates banks to reduce their dependence on debt issuance and increase their money …

bank (G-SIB) envisaged by regulators has an impact on the CDS prices of these banks. We find evidence that the CDS spreads …

decreases over time. We study how regulatory tightenings inherent in this period, and addressing systemically important banks … (SIBs) in general and complexity more specifically, alter banks' choices of complexity and risk. Banks reduce their … able to lower their idiosyncratic risk more than other banks. The overall complexity-risk nexus is lower after regulatory …

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

banks, cross-border loans and specific types of loans. These differences are significant in terms of magnitude and affect …