from domestic banks. As public debt approached sustainability limits in a number of countries, however, high bank exposure …

Countries implementing International Financial Reporting Standards (IFRS) for loan loss provisioning by banks have been … different perspectives and lack of guidance from IFRS. It suggests actions that supervisors can take to help banks meet …

. The paper discusses the corporate governance of Italian banks, its regulatory framework, and the specific challenges … arising from the role played by foundations and large cooperatives. Although Italian banks have recently made progress in … of foundations when they are the controlling shareholders in banks; and (iv) facilitating the transformation of large …

Loan review is a process routinely used by banks to assess the current value of loan portfolios. Provisioning is a …

, where liquidity shortages of banks are revealed sequentially and governments cannot credibly commit to bailing out all … potentially distressed banks. Our findings suggest that allowing early bank failures and using available liquidity for credible … sound banks. Such a policy of late bailouts is likely to receive political support when a full bailout needs to be financed …

choices. We employ data on over 6,000 commercial loans from 53 large U.S. banks. Our results for low-risk firms are consistent …

This paper explains the continuing success of European cooperative banks through evolving comparative advantages. It …

the implications for financial stability, exploiting a bank-level dataset that covers about 11,000 banks in the U.S. and … Europe during 2001?09. The results show that banks with weaker structural liquidity and higher leverage in the pre …-section, the smaller domestically-oriented banks were relatively more vulnerable to liquidity risk, while the large cross …

-based approach; and (c) a framework to link liquidity and solvency risks. The framework also allows the simulation of how banks cope … impact of a "Lehman" type event for stylized banks. …

European crises. This relationship is weaker in Europe where banks can use Basel II internal risk models. For large banks …We study how investors account for the riskiness of banks' risk-weighted assets (RWA) by examining the determinants of … stock returns and market measures of risk. We find that banks with higher RWA had lower stock returns over the US and …