Degryse, Hans; Mariathasan, Mike; Theunisz, Carola - 2023
This paper investigates the intra-group transmission of stricter capital regulation imposed at the banking group level …, lending and risk-taking of the affiliated subsidiaries. Using a combination of bank and loan-level data, we find that once a … banking group faces tighter consolidated capital requirements, the recapitalization efforts are concentrated at the subsidiary …