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. …

the average bank. The authors show similar effects on net charge-offs and for U.S. banks only …

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

capital, and to ascertain the role capital regulation plays on the composition of credit in the economy. Our results show that …

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

make large bank failures more orderly, we advocate that systemically important bank holding companies be required to issue …-inable debt and equity are not perfect substitutes in terms of stemming bank runs. Finally, we argue that the long-term debt … requirement should be increasing in the amount of uninsured financial liabilities the bank has issued. This has the advantage of …

more lax lending policies than banks, we unveil important evidence that nonbanks increased bank borrowing following the …