of other European banks in order to gauge the evolving expectation that bail-in will indeed become the new regime. We … also find that bail-in expectations seem to depend on the sovereign s strength, i. e., reactions are stronger for banks in …

measured by Delta CoVaR, increases more for banks in countries with more comprehensive bank resolution frameworks after …

Based on a detailed trade-level dataset, we analyze the proprietary trading behavior of German banks in the months … German banking system that was both unexpected and exogenous. We examine banks' immediate reactions as well as their … banks' trading behavior by inducing shifts towards eligible securities and reducing pressure on market liquidity. This …

Based on a detailed trade-level dataset, we analyze the proprietary trading behavior of German banks in the months … German banking system that was both unexpected and exogenous. We examine banks' immediate reactions as well as their … banks' trading behavior by inducing shifts towards eligible securities and reducing pressure on market liquidity. This …

Based on a detailed trade-level dataset, we analyze the proprietary trading behavior of German banks in the months … German banking system that was both unexpected and exogenous. We examine banks' immediate reactions as well as their … banks' trading behavior by inducing shifts towards eligible securities and reducing pressure on market liquidity. This …

This paper shows that bonus contracts may arise endogenously as a response to agency problems within banks, and …

captured by the financial sector. We present a micro-founded model with rational agents in which banks may capture regulators … due to their high degree of sophistication. Banks can search for arguments of differing complexity against regulation … concerns prevent the regulator from admitting this, hence he rubber-stamps even bad banks, which leads to inefficiently low …

This paper shows that the abolition of state guarantees to publicly owned banks in Germany resulted in an increase in … funding costs at German savings banks. Rather than being the result of increased market discipline, the increase in funding …

macroprudential regulation. Overcapacities in banking should be reduced by resolving banks that do not pass the ECB's comprehensive … assessment. The link between banks and sovereigns could be alleviated by reforming the regulatory treatment of government bond …-border banks. …

Lecture on the first SFB/TR 15 meeting, Gummersbach, July, 18 - 20, 2004: The explicit or implicit protection of banks … unambiguously leads to higher risk-taking at those banks that do not enjoy a bail-out guarantee. The reason is that the prospect of … other banks' margins. In contrast, the effects on the protected bank's risk taking and on welfare depend on the transparency …