the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent … long-term. In this respect, bank penalties resemble still waters that run deep. In contrast, a settlement with regulatory …

of bank relationships and their banks' participation in government capital support programs. We find that government … pronounced for riskier and bank-dependent firms and those that borrow from banks that are less capitalized and smaller. Our study …

-2009. Governments responded to the crisis by guaranteeing bank assets and liabilities and by injecting fresh capital into troubled …

Using unique data on over-the-counter bank stock prices and balance sheet information we explore bank funding cost … largest commercial bank stocks, ranked by market value or gross deposits, have significant lower risk-adjusted annual returns … than do small sized bank stocks even after controlling for standard risk factors including size. This return difference is …

This paper reviews the market reaction to bank rescue packages announced in six countries between October 2008 and … shareholders as seen in the movement of bank stock prices. Government interventions benefited creditors at the expense of … shareholders, with bank CDS spreads narrowing around the announcements in all cases. Despite a brief positive reaction, bank stock …