In August of 2007, banks faced a freeze in funding liquidity from the asset-backed commercial paper (ABCP) market. We … investigate how banks scrambled for liquidity in response to this freeze and its implications for corporate borrowing. Commercial … banks in the United States raised deposits and took advances from Federal Home Loan Banks (FHLBs). In contrast, foreign …

offset if drawdowns are expected to be left on deposit at the same bank, which happened at some of the largest banks during …

This paper investigates the incentives for banks to bias their internally generated risk estimates. We are able to … by low-capital banks to improve regulatory ratios. At the portfolio level, the difference in borrower probability of … credits. In addition, we find that low-capital banks' risk estimates have less explanatory power than those of high …

We find that banks' credit exposures to transition risks are modest. We build on the estimated sectoral effects of … scenarios, exposures do not exceed 14 percent of banks' loan portfolios. We also find that commonly used carbon emissions can … management of transition risk exposures. Banks that signed the Net-Zero Alliance have reduced their exposures compared to non …

, banks rely heavily on incoming funds to finance outgoing payments, necessitating a high degree of coordination and … comparative statics analyses on changes to the environment. We find that banks attempting to conserve liquidity cause an increase … identified as vulnerable to failure and other banks choose to cancel payments to that bank, there are systemic repercussions for …

institution in a climate stress scenario. We use the measure to study the climate-related risk exposure of large global banks in …