. Other systemically important institutions bear more individual market risk. The two groups and the global financial system …

We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U ….S. banking industry. We employ a frequency decomposition of volatility spillovers to draw conclusions about system-wide risk … the public, long-term systemic risk among banks tends to increase. In contrast, a settlement with regulatory authorities …

regulation, recovery and resolution, and risk culture. …

In this paper we study systemic risk for the US and Europe. We show that banks' exposures to common risk factors are … crucial for systemic risk. We come to this conclusion by first showing that relations between US and European banks are … than US ones. Regarding the consequences of systemic risk, we show that dependence between the banking sector and a wide …

We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U ….S. banking industry. We employ a frequency decomposition of volatility spillovers (connectedness) to assess system-wide risk … the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent …

contribution to systemic risk over and above the effect of variables related to size, interconnectedness, substitutability, and … measures of the banks' contribution to systemic risk and find that the new measure proposed in this study, Net Shapley Value … the banks contributions to systemic risk whereas holdings of interest rate derivatives decrease it. Nevertheless, the …