wake of the financial crisis of 2007/2008. We show that owner controlled banks had higher profits in the years before the … manager-controlled banks. The results are robust to controlling for a wide variety of bank specific, country specific … shareholders may not be socially optimal in banks. …

contagion among large EU banks. Banksu0092 risk is measured by the first difference of weekly distances to default and abnormal … or more banks simultaneously is consistent with the assumption of a multivariate normal or a student t distribution … "systemically important" banks in the EU. …

debt holders. We further find that credible limits to the safety net reduce risk taking of smaller banks with low charter …

In 2001, government guarantees for savings banks in Germany were removed following a law suit. We use this natural …/borrower information. The results suggest that banks whose government guarantee was removed reduced credit risk by cutting off the riskiest … borrowers from credit. At the same time, the banks also increased interest rates on their remaining borrowers. The effects are …

the capital structure of large U.S. and European banks during 1991 to 2004. Instead, standard cross-sectional determinants … of non-financial firms’ leverage carry over to banks, except for banks whose capital ratio is close to the regulatory … minimum. Consistent with a reduced role of deposit insurance, we document a shift in banks’ liability structure away from …

The internal organization of global banks potentially plays a vital role in the transmission of shocks both within and … investigate how solvency and wholesale funding shocks to 114 OECD parent banks affect the lending of 541 domestic and foreign … foreign subsidiaries of banks that rely heavily on wholesale funding seem to be more vulnerable to wholesale shocks to their …

In October 2006, Dominion Bond Rating Service (DBRS) introduced new ratings for banks that account for the potential of … government support. The rating changes are not a reflection of any changes in the respective banks’ credit fundamentals. We use … banks with higher bail out probabilities tend to increase their risk taking less compared to banks that were ex ante …

transaction banks. Soft information can be interpreted as a private signal about the quality of a firm that is observable to a … relationship bank, but not to a transaction bank. We show that borrowers self-select to relationship banks depending on whether … private signal from firms by relationship banks and transaction banks asymmetrically. Relationship banks invest more …

. Specifically, we show that households whose banks were more exposed to funding shocks report significantly lower levels of non …

. First, we use microdata from the Federal Reserve Board's Senior Loan Officer Opinion Survey to document that banks … debt and implicitly, their demand for consumption. Alternatively, banks may have been more reluctant to lend in areas with …