This paper is the first to study the effect of financial restatement on bank loan contracting. Compared with loans …

not group members, but nevertheless have strong ties to a main bank also invest and sell more than firms without strong … bank ties …

This paper decomposes both the market sensitivity and the interest-rate sensitivity of bank stock into on …

money relative to bank assets than nonbanking-center countries. This paper develops a stylized model of regulated bank …

-Steagall Act forced the banks to leave the securities business: as an internal securities department within the bank and as a … lending and underwriting were closely combined in the departmental structure. We find evidence that bank managers during this … effectiveness of a firm. They also suggest that bank regulators' interest in 'firewalls' between commercial and investment banking …

offered by a very large bank. This unpriced credit enhancement helps to explain the preference revealed by very large U … banks have been more eager than small banks to offer mutual funds and why bank mutual funds could be priced to grow at a … time when bank deposits were being priced to shrink …

Reserve Board of Governors demonstrate that deposit insurance influenced the composition of bank suspensions in these states … each system, the bank failure rate rose to an unsustainable height and the system ceased operations …

economies in the world. Finally, for Europe we assess the relative importance of cross-border bank spillovers as compared to … domestic bank spillovers. The results suggest, inter alia, that systemic risk in the US is higher than in the euro area, mainly …

deposits excessively fragile in which case there is a role for outside bank capital. Greater bank capital reduces liquidity … creation by the bank but enables the bank to survive more often and avoid distress. A more subtle effect is that banks with … different amounts of capital extract different amounts of repayment from borrowers. The optimal bank capital structure trades …