Narrow search
Showing 1 - 10 of 1,710
Cover Image
The Failure of Northern Rock: A multi-dimensional Case Study
Congdon, Tim; Goodhart, Charles A.E.; Eisenbeis, Robert A. - 2009
In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a substantial mortgage lender. In fact, ten years...
Persistent link: https://www.econbiz.de/10011689937
Cover Image
Coordinated failure? A cross-country bank failure prediction model
Montgomery, Heather; Santoso, Wimboh; Besar, Dwityapoetra S. - 2005
This paper empirically investigates the causes of bank failures in Japan and Indonesia. Using logistic regression analysis of financial ratios, we explore the usefulness of domestic bank failure prediction models with a cross-country model that allows for cross-correlation of the error terms....
Persistent link: https://www.econbiz.de/10010279751
Cover Image
Deriving the term structure of banking crisis risk with a compound option approach: The case of Kazakhstan
Eichler, Stefan; Karmann, Alexander; Maltritz, Dominik - 2010
We use a compound option-based structural credit risk model to infer a term structure of banking crisis risk from market data on bank stocks in daily frequency. Considering debt service payments with different maturities this term structure assigns a separate estimator for short- and long-term...
Persistent link: https://www.econbiz.de/10010300362
Cover Image
Interbank contagion at work: evidence from a natural experiment
Iyer, Rajkamal; Peydró, José-Luis - 2010
This paper tests financial contagion due to interbank linkages. For identification we exploit an idiosyncratic, sudden shock caused by a large-bank failure in conjunction with detailed data on interbank exposures. First, we find robust evidence that higher interbank exposure to the failed bank...
Persistent link: https://www.econbiz.de/10011605193
Cover Image
Contagion effects of the Silicon Valley Bank run
Choi, Dong Beom; Goldsmith-Pinkham, Paul; Yorulmazer, Tanju - 2023
This paper analyzes the contagion effects associated with the failure of Silicon Valley Bank (SVB) and identifies bank-specific vulnerabilities contributing to the subsequent declines in banks' stock returns. We find that uninsured deposits, unrealized losses in held-to-maturity securities, bank...
Persistent link: https://www.econbiz.de/10014540982
Cover Image
Explaining bank failures in the United States: The role of self-fulfilling prophecies, systemic risk, banking regulation, and contagion
Herger, Nils - 2008
Using count data on the number of bank failures in US states during the 1960 to 2006 period, this paper endeavors to establish how far sources of economic risk (recessions, high interest rates, inflation) or differences in solvency and branching regulation can explain some of the fragility in...
Persistent link: https://www.econbiz.de/10011430078
Cover Image
Wildcat bankers or political failure? The Irish financial pantomime, 1797-1826
Kenny, Seán; Turner, John D. - 2018
banking or the failure of the Bank of Ireland to act as a lender of last resort were to blame. We also find that the main …
Persistent link: https://www.econbiz.de/10011862079
Cover Image
A Tale of Three Countries: Recovery after Banking Crises
Darvas, Zsolt - 2012
Iceland, Ireland and Latvia experienced similar developments before the crisis, such as sharp increases in banks … harder than any other country in the world. Ireland also suffered heavily, while Iceland came out from the crisis with the …: currency collapse in Iceland but not in Latvia, letting banks fail in Iceland but not in Ireland, and the introduction of …
Persistent link: https://www.econbiz.de/10010494495
Cover Image
Estimating probabilities of default for German savings banks and credit cooperatives
Porath, Daniel - 2004
A healthy banking system is a fundamental condition for financial stability. When assessing the riskiness of the banking system, analysts often restrict their focus to large banks. This may create a distorted picture in countries like Germany with fragmented banking systems. In Germany, savings...
Persistent link: https://www.econbiz.de/10010295893
Cover Image
Bad bank(s) and recapitalization of the banking sector
Schäfer, Dorothea; Zimmermann, Klaus F. - 2009
With banking sectors worldwide still suffering from the effects of the financial crisis, public discussion of plans to place toxic assets in one or more bad banks has gained steam in recent weeks. The following paper presents a plan how governments can efficiently relieve ailing banks from toxic...
Persistent link: https://www.econbiz.de/10010291776