differentiated regulatory supervision. Community banks efficiency is positively (negatively) related to liquidity (credit) risk. Our … compare the two bank types on the basis of cost efficiency. We decompose cost efficiency into a persistent and a residual … estimates show community banks to exhibit a 4.9% higher efficiency compared to their non-community counterparts. The …

. Other systemically important institutions bear more individual market risk. The two groups and the global financial system …

1. Introduction -- 2. Securitization and Lending -- 3. Interest Rate Risk -- 4. Credit Risk -- 5. Collateral and … Lending -- 6. Global Banking -- 7. FinTech and the Future of Banking -- 8. Conclusion …, screening for borrower risk and monitoring for borrower effort in doing so. A typical loan contract was set up along six simple …