In 2007 the world faced one of the biggest financial crises ever. It was the third important financial crisis in the … worldwide political institutions to approve a more rigorous regulation on financial institutions and predict financial crises … enhancements are in accordance with our analyzed shortcomings. Some approaches like the introduction of a leverage ratio are …

banks in each Europe, Germany and USA between 1994-2009. We identified different main reasons for the banks in each region … to securitize that are in line with observable behavior of market participants. US banks use securitization mainly as … and performance improvement. For German banks securitization seems to be an appropriate funding tool. The proposed …

individual asset holding data of German banks. I find that banks operating with tight regulatory constraints exploit the low risk …-sensitivity of rating-contingent capital requirements for ABS. Unlike unconstrained banks they systematically pick the securities … for yield allows constrained banks to increase the return on the capital required for an ABS investment by a factor of …

account both bond and issuing bank’s characteristics, and also considers the role of country−specific CoCo bond market …−to−book ratio and total regulatory capital to risk−weighted asset ratio. Further, sizeable responses to CoCo bond and issuing bank’s …