may make it easier for the bank to dispose of assets seized in a loan default. The internal market formed inside the … banking and commerce conglomerate increases the liquidity of such assets and improves the bank's ability to perform financial … some cases, a bank will voluntarily refrain from making loans, choosing to become a non-bank bank in an unregulated …

bank it acquired. Following the acquisition, the performance of the two banks starts to converge, mainly due to … of its acquirer, a result that confirms a strong policy integration among banks that are part of a bank holding company …

easier for the bank to dispose of assets seized in a loan default. The conglomerate's internal market increases the liquidity … of such assets and improves the bank's ability to perform financial intermediation. More generally, owning a nonfinancial … firm may act either as a substitute or a complement to commercial lending. In some cases, a bank will voluntarily refrain …

the share of the firm's voting rights that the bank controls as a result. Our investigation of loan interest rates shows … increases with the bank's voting stake. These findings are robust to a number of firm- and loan-specific controls as well as to … rights. These findings, together with the interest rate discount the bank offers when it holds a voting stake in the borrower …

to borrowers because they negatively affect bank monitoring incentives. In this paper, however, we argue that there is …, may quot;demandquot; a share of bank benefits from loan sales when they take out new loans as it will be easier for banks …

costly to borrowers because they negatively affect bank monitoring incentives. In this paper, however, we argue that there is …, may “demand” a share of bank benefits from loan sales when they take out new loans as it will be easier for banks to sell …

between these vehicles and lead banks. CLOs that have a relationship with the lead bank of the renegotiated loan are strong … fund not only their portion of the loan increase, but also the portion that was supposed to be funded by the lead bank. Our … findings highlight the previously unrecognized role of the growing presence of non-bank lenders in corporate lending. …

of bank regulatory capital. Our results show that following Basel I, undrawn fees and all-in-drawn credit spreads on …

explaining banks' market values. In this paper we present a model of a bank with fixed-rate deposit insurance that faces … increasing competition that erodes its charter value. When under these conditions the bank chooses its capital to maximize …