substitute channel, and the credit-enhancement channel plays an important role in bank loan sales …

evidence of bank using CDS to exploit private information …

We survey 149 leading academic researchers on bank capital regulation. The median (average) respondent prefers a 10 … strongly an expert believes that higher capital requirements would increase the cost of bank lending. …

political uncertainty influences a firm's cost of bank loans. We create a novel measurement of individual firm's exposure to …

) focus and diversification using a unique data set that is able to identify individual bank loan exposures to different … deterioration in bank monitoring quality at high levels of risk and a deterioration in bank monitoring quality upon lending … expansion into newer or competitive industries. We find that industrial loan diversification reduces bank return while …

) focus and diversification using a unique data set that is able to identify individual bank loan exposures to different … deterioration in bank monitoring quality at high levels of risk and a deterioration in bank monitoring quality upon lending … bank return while endogenously producing riskier loans for all banks in our sample (this effect being most powerful for …

. Consequently, bank loan sales are higher for firms that are actively traded in the CDS market. In addition, we find evidence that …

CDS on their borrowers, but their net CDS positions and lending status are largely unrelated. We find no evidence of bank …

) focus and diversification using a unique data set that is able to identify individual bank loan exposures to different … deterioration in bank monitoring quality at high levels of risk and a deterioration in bank monitoring quality upon lending … bank return while endogenously producing riskier loans for all banks in our sample (this effect being most powerful for …