This paper investigates how monetary policy affects bank profitability. We use data for 109 large international banks … profitability - return on assets - on the other. This suggests that the positive impact of the interest rate structure on net … that, over time, unusually low interest rates and an unusually flat term structure erode bank profitability …

novel data set covering 135 banks from 15 European banking systems over the period 2000-16. The main finding is that bad …

from short-term market funding towards deposits. We observe a concomitant decline in the risk-weighted asset ratio and a …

We analyze whether the impact of monetary policy on bank risk depends upon bank characteristics. We relate the … materialization of bank risk during the financial crisis to differences in the monetary policy stance and bank characteristics in the … the insulation effect produced by capital and liquidity buffers on bank risk was lower for banks operating in countries …