located in Germany reduce their loan growth to the German economy in response to a tightening of sector-specific capital …

This paper re-visits the state of decentralised banking in Germany, Spain and the UK. The cross-country comparison we … conducted has identified Germany as having the most decentralised banking system, followed by Spain and the UK, as expected. The … degree of centralisation. Whereas no such bank exists in the UK any longer and real savings banks in Spain have almost …

bank profits, taxpayers, and consumers. …

externalities between the two countries arise from cross-border bank ownership. The two countries face (i) a regulatory (super … policies are centralized only when international spillovers from cross-border bank ownership are strong, and banking sectors …

We investigate the relationship between bank complexity and bank risk-taking using German banking data over the period …