financial rescue scheme in Germany partially shielded German banks but not insurance companies from contagion. Overall, our … results suggest that contagion from dealer banks have the most prominent effect on the German financial system. While dealer … banks impact on German banks and insurance companies in a similar way, a deterioration in the CDS spreads of dealer banks …

-dealer banks suggests that contagion from dealer banks is the most prominent source of contagion to the German financial system …. While German non-dealer banks are affected both by European and US dealers, only US dealer banks have a contagion effect to … German dealer banks. …

We test if unconventional monetary policy instruments influence the competitive conduct of banks. Between q2:2010 and q … Markets Programme (SMP). Using detailed security holdings data at the bank level, we show that banks exposed to this … unexpected (loose) policy shock mildly gained local loan and deposit market shares. Shifts in market shares are driven by banks …

stable funding ratio owing to the special role of central banks in providing liquidity. This paper investigates the extent to … which the regulatory initiatives might have already had an impact on banks’ behaviour in Eurosystem monetary policy … operations. It also provides an overview of the regulatory state of play and major recent advancements in banks’ compliance with …

is not negligible. Our findings highlight that foreign or better informed banks have shorter sub-custodian chains. Better … capitalised banks have longer, but less risky sub-custodian chains. Our findings support the view that Central Securities … better capitalised, larger and foreign banks are less likely to rely on CSDs as their first sub-custodian. …

comprehensive new data set on German banks' foreign exposure. We test two interlinked hypotheses on the conditions under which the … capital requirement remains below the economic capital and (ii) banks' economic capital to emerging markets already adequately …

banks in the period 1993-2003. The capital buffer is found to fluctuate anticyclically over the business cycle. The … fluctuation is stronger for savings banks than for cooperative banks, as, for savings banks, risk-weighted assets fluctuate more … strongly with the business cycle. Further, low-capitalized banks do not catch up with their wellcapitalized peers. The gap …