In a theoretical model of the Diamond-Dybvig style, in which deposit-taking banks and financial markets coexist, bank … findings suggest that in particular bank-dominated financial systems are prone to contagious bank runs due to asset price … buffers to weather future crises if the ex-ante crisis probability exceeds a certain threshold. Moreover, central bank …

Am 3. Juli 2009 verabschiedete die Bundesregierung das Bad-Bank-Gesetz mit dem Ziel, die Bankbilanzen zu entlasten und … des verabschiedeten Rettungspakets im Rahmen einer Bad Bank ausreichen kann, eine drohende Kreditklemme abzuwenden …

rents already. Thus our results suggest that in the bank-dominated financial system of Germany, in which banks intensely …

-European Bank mergers. In this paper we identify other more fundamental reasons for a limited degree of cross-country integration in …-border bank mergers. The paper derives the impact of different underlying stochastic structures on the optimal structure of cross … regional bank mergers. Imposing a symmetry restriction on the underlying stochastic structure of liquidity shocks we find that …

Ongoing financial innovation and greater information availability increase the tradability of bank assets and reduce … banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with …

not sufficiently restrain monopoly rents already. Thus, our results suggest that in Germany's bank-dominated financial …

We use a unique data set that comprises each bank’s bids in the Eurosystem’s main refinancing operations and its … that a bank’s willingness-to-pay is a good indicator for the probability that this bank draws on the LOLR facility. Our …

not sufficiently restrain monopoly rents already. Thus, our results suggest that in Germany's bank-dominated financial …