banks to public accounts as a consequence of implicit or explicit bailout guarantees to distressed banking systems. This …This paper investigates the role of banks foreign asset holdings in transmitting credit risk internationally. Foreign … paper articulates this mechanism with a simple model where governments choose to fill banks' capital gaps to self …

guidelines for banks, including a bank-paid resolution fund, fully operational in 2025. In the article we discuss how the current … design of the banking union falls short of the goal of breaking the link between governments and their banks. We explain how …

performance in financial institutions and in financial regulation and supervision all over the world. The contributors to the …

Using the announcement of the first Greek bailout on April 11, 2010, we quantify significant spillover effects from … average by 1.1 percent after the bailout. These effects are more pronounced in countries that belong to the Eurozone and that …

balance sheets of international banks and their customers. It outlines the basic building blocks of liquidity management for a … interest rate derivatives markets transformed banks' strategies in this area. It explains how the pervasive interconnectedness … between major banks and markets magnified contagion effects. Finally, the paper provides some recommendations for how …