We provide a comprehensive review of the development and activities of the People's Bank of China over the half century …. First, the PBC has evolved from the mixture of a central bank and a commercial bank to the central bank of China, with the …

In this paper we study the intra-group transactions between the parent bank and its foreign subsidiaries in European … subsidiary banks were large by assets in some of the member states the related party transactions with the parent bank created a … subsidiaries. We suggest improvements in governance as well greater disclosure of related party transactions in bank holding …

quality of individual banks is opaque but can be inferred by creditors from aggregate signals about bank solvency. When bank …. This information contagion is more likely under clustered asset structures. In contrast, when bank debt is long …

special issue of the Review of Financial Studies dedicated to “The Value of Bank Capital and the Structure of the Banking … September 2006, which was jointly organized by the Federal Reserve Bank of New York, the Wharton Financial Institutions Center …

. Upon the arrival of a signal about banks' future defaults, investors update their expectations of bank solvency. If their …

banking sector and the stock market during both bank crises and market crashes, with the corporate bond market moving in the … same direction as bank credit. However, the results are significant for countries with market-based financial systems but … not for countries with bank-based financial systems. Emerging markets have mainly bank-based financial systems, which may …