reflections on the governance aspects of BRRFs that would require minimum harmonization in the EU, emphasizing that BRRFs are only … that there is also an effective bank resolution legal framework. In turn, banks' contributions to BRRFs aim at discouraging …

This paper explains the continuing success of European cooperative banks through evolving comparative advantages. It … governance challenges. Risks include the use of the endowment for purposes other than members' best interest, such as empire … corporate governance is warranted and that cooperatives need mechanisms enabling them to better manage their capital. …

Based on detailed regulatory intervention data among German banks during 1994-2008, we test if supervisory measures … and its duration while weak measures are insignificant. With the benefit of hindsight, we exclude banks that eventually …

analysis to measure efficiency and a generalized method of moments system to explain financial development. SSA banks are found …

benefits without unnecessary instability, requires vigilant supervision, governance, and monetary policy, and a flexible policy …

This paper explores how the global turmoil affected the risk of banks operating in Chile, and provides evidence that … default risk codependence, or CoRisk, between Chilean banks and global financial institutions. The results suggest that the … impact of the global financial crisis was limited, inducing at most a one-rating downgrade to banks operating in Chile. The …

Using a multi-country panel of banks, we study whether better capitalized banks experienced higher stock returns during … associated with better stock market performance, most markedly for larger banks; (iii) the relationship between stock returns and …

to reduce interest rates and bail out individual banks in an ad hoc manner had adverse repercussions, both domestically …

-segmented supervisory frameworks and national accountability for financial stability hinder optimization across borders of banks' operations …