forfeited if the bank does not meet its capital requirements. This memo underscores the benefits of contingent deferred …

Though overall bank performance from July 2007 to December 2008 was the worst since the Great Depression, there is …, except that large banks from countries with more restrictions on bank activities performed better and decreased loans less …. Our evidence poses a substantial challenge to those who argue that poor bank governance was a major cause of the crisis …

Though overall bank performance from July 2007 to December 2008 was the worst since at least the Great Depression … performance of banks during the credit crisis. More specifically, we investigate whether bank performance is related to bank …-level governance, country-level governance, country-level regulation, and bank balance sheet and profitability characteristics before …

The moral hazard incentives of the bank safety net predict that distressed banks take on more risk and higher leverage …, moral hazard incentives dominate distressed bank leverage and risk-taking policies …

-1994, 2005-2014) and differ in bank regulations, especially concerning capital requirements and enforcement. In contrast to the … forces beyond formal regulations incentivize bank managers to deleverage when their banks are in distress …

of a within-bank negative relation between valuation and size for large banks from 1987 to 2006 but not when the post …-Dodd-Frank period is included in the sample. The negative relation between bank value and bank size for large banks cannot be … Tobin's q lower by 0.2% in regressions with year and bank fixed effects. This relation between bank value and trading assets …

negative relation between bank value and bank size for the largest banks cannot be explained by differences in ROA, ROE, equity …

uneven playing field enables non-bank FinTech firms to challenge banks for specific products whose success is not tied to …