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: syndicated loans, loan sales, and project finance -- Off-balance sheet banking and contingent claims products -- Securitization … and loan sales -- The deposit contract and insurance -- Objectives of bank regulation -- Milestones in banking legislation … and regulatory reform -- Management of risks and opportunities in banking -- Mergers and acquisitions -- Investment …
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We address two questions: (i) Are bank capital structure and value correlated in the cross section, and if so, how? (ii) If bank capital does affect bank value, how are the components of bank value affected by capital? We first develop a dynamic model with a dissipative cost of bank capital that...
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