to previous episodes of financial distress, foreign banks appear to have played a shock-transmitting role, as there was a … sharp slowdown in lending by foreign banks’ affiliates relative to domestic banks. However, given the uniqueness of the … COVID-19 shock and the impact of lockdowns on economic activity, foreign banks were found to lend at a higher rate than …

Banks' living wills involve both recovery and resolution. Since it may not always be clear when recovery plans or … be constructed meeting criteria of (i) adequate loss absorption; (ii) distinguishing between weak and sound banks; (iii …

also the cyclical impact of global liquidity, with sensitivities of flows to banks decreasing with stronger macroeconomic …This paper provides a definition of global liquidity consistent with its meaning as the “ease of financing” in … Area – are also important, sometimes even more so, consistent with the dominant role of European banks in cross …

We formulate the “High Liquidity Creation Hypothesis” (HLCH) that a proliferation in the core activity of bank … liquidity creation increases failure probability. We test the HLCH in the context of Russian banking, which provides a natural … field experiment due to numerous failures experienced over the past decade. Using Berger and Bouwman's (2009) liquidity …

A mechanism is proposed that aims to reduce the risk of a banking sector liquidity crisis — which is a quintessentially … instrument would give banks more incentive to build up buffers of systemically liquid assets as a proportion of their total …