policymakers’ efforts to strengthen bank capitalization. …

We investigate the pass-through of monetary policy to bank lending rates in the euro area during the sovereign debt … unconventional monetary policy. We find that while the transmission of conventional monetary policy to bank lending rates has not … lowered sovereign risk in peripheral countries and longer-term bank funding risk in peripheral and core countries during the …

sovereign debt exposures and the implications of sovereign exposures for bank risk. Our main findings are as follows. First … impact of sovereign bond holdings on bank risk. This result could indicate the widespread absence of marking-to-market for …

protection selling in CDS, the effect being weaker when sovereign risk is high. Bank and country risk variables are mostly not … building a complete picture and understanding fully the economic drivers of the bank-sovereign nexus of risk. …

risky sovereign bond holdings, while bank-affiliated mutual funds acquired more risky sovereign bonds compared to their … unaffiliated peers. The larger the risky sovereign bond position a fund acquired from its parent bank, the lower are the fund …