The paper develops an early-warning model for predicting vulnerabilities leading to distress in European banks using … that complements bankruptcies and defaults with state interventions and mergers in distress. The signals of the early … vulnerabilities improves model performance and yields useful out-of-sample predictions of bank distress during the current financial …

risk. In this framework, banking sector distress in the form of the joint probability of default of financial … the euro area, US and UK illustrates how the unravelling of excess leverage can magnify banking sector distress. Capturing … this dependence of banking sector distress on prevailing financial imbalances can enhance risk surveillance and stress …

We study the effect of financial distress in foreign parent banks on local SME financing in 14 central and eastern … by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on …

Lobbying can provide policy makers with important sector-specific information and thereby facilitating informed …

' sources of influence (e.g., lobbying expenditures, proximity to the relevant legislative committee, prior affiliation with … well as for the expectation of support regardless of bank distress. Several conditions increase the effectiveness of … sources of influence in actual regulatory treatment: Lobbying activities are more effective with increasing lobbying …

Lobbying can provide policy makers with important sector-specific information and thereby facilitating informed …

insolvency regimes do not unduly inhibit corporate restructuring. Thus, leveraging the important complementarities between bank … strengthening efforts and insolvency regime reform would contribute to breaking the shackles on potential growth in Europe …

to estimate the effects of bank financial distress on consumer credit and consumption expenditures. We show that …