College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform … regulation, recovery and resolution, and risk culture. …

We aim to assess how accurately accounting and stock market indicators predict rating changes for Asian banks. We … indicators but are more effective in predicting upgrades than downgrades, especially for large banks. Moreover, early indicators … are only significant in predicting rating changes for banks that are more focused on traditional banking activities such …

banks' portfolio of public debt and reduces the percentage holdings in the case of central banks. Better sovereign ratings …We analyze domestic, foreign, and central banks holdings of public debt for 31 countries for the period of 1989 … also increase (decrease) the share of commercial (central) banks' holdings. Furthermore, the effects of an increment in the …