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during the financial crisis as well as the recent developments of Italian banks, these results not only concern the US, but …
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In October 2006, Dominion Bond Rating Service (DBRS) introduced new ratings for banks that account for the potential of … government support. The rating changes are not a reflection of any changes in the respective banks' credit fundamentals. We use … banks with higher bail out probabilities tend to increase their risk taking less compared to banks that were ex ante …
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