Europe, bank finance plays a relatively important role, and efforts have been made at creating a level playing field for … financial institutions. This paper reviews the stylized facts of the integration of European banking markets and the changing … nature of cross-border banking. Although the openness of financial systems has increased, bilateral financial linkages among …

general and banking markets in particular show a greater degree of segmentation than national financial markets as a result of …

to the banking sector. We find evidence that changes in lending by large banks have a significant impact on GDP growth …

address the following questions. How are macroeconomic shocks transmitted to bank risk and other banking variables? What are … summarizing conditions in the banking sector. We use data of more than 1,500 commercial banks from the U.S. call reports to … the sources of bank heterogeneity, and what explains differences in individual banks’ responses to macroeconomic shocks …