This paper examines the effects of taxation on the liability structure of banks. We derive testable predictions from a … financial crisis). We show that banks endogenously respond to a reduction in tax rates by reducing nondeposit liabilities more … bank: well-capitalized banks respond to a reduction in tax rates by increasing their assets, but poorly-capitalized banks …

relationship banks gather information on their borrowers, which allows them to provide loans for profitable firms during a crisis …. Due to the services they provide, operating costs of relationship- banks are higher than those of transaction-banks. In … our model, where relationship-banks compete with transaction-banks, a key result is that relationship-banks charge a …

problem, the Basel III regulatory framework has introduced a minimum leverage ratio, defined as a banks Tier 1 capital over an …

Stability Board (FSB) issued post-crisis guidelines on sound compensation. Banks in jurisdictions which implemented the FSB …'s Principles and Standards of Sound Compensation in national legislation changed their compensation policies more than other banks …. Compensation in those jurisdictions is less linked to short-term profits and more linked to risks, with CEOs at riskier banks …

Stability Board (FSB) issued post-crisis guidelines on sound compensation. Banks in jurisdictions which implemented the FSB …'s Principles and Standards of Sound Compensation in national legislation changed their compensation policies more than other banks …. Compensation in those jurisdictions is less linked to short-term profits and more linked to risks, with CEOs at riskier banks …