financial crisis even after controlling for capital, liquidity, and other standard bank performance measures. While high price …

stress tests for U.S. bank holding companies help improve out of sample forecasts of chargeoffs on loans, revenues, and … capital measures, relative to forecasting models that exclude a role for macro factors. Using only public data on bank …

, in the context of the eurozone periphery, the increase in domestic government bond holdings, the reduction of bank credit …

), our approach estimates bank asset holdings at higher frequencies which allows us to derive precise estimates of (i …

the banks' trading revenues and help to explain the bank VaR performance results. While highly conservative in the pre …-crisis period, bank VaR exceedances were excessive and clustered in the crisis period. All benchmark VaRs were more accurate in the …-period market conditions. Despite their weaker performance, the bank VaRs exhibited greater predictive power for a measure of …

extraordinary government intervention, which included the guarantee of all liabilities of the bank and a commitment to provide …

This paper presents a stylized framework of bank risk-taking to help clarify the concept of "double materiality," the …