In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a … particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a … outside the bank as depositors rushed to withdraw their deposits. There was always a fear that this could spark a systemic run …

efficiency and higher credit quality demands relative to the rest of Europe …

bank issues covered bonds backed by a pool of assets that is bankruptcy remote and replenished following losses …. Encumbering assets allows a bank to raise cheap secured debt and expand profitable investment, but it also concentrates risk on …

runs, and face a threat of entry. We show how shocks that increase bank competition or bank transparency increase deposit … rates, costly withdrawals, and thus bank fragility. Therefore, perfect competition is not socially optimal. We also propose … a theory of bank opacity. The cost of opacity is more withdrawals from a solvent bank, lowering bank profits. The …

Production efficiency and financial stability do not necessarily go hand in hand. With heterogeneity in banks … heterogeneity increases, the intensive and extensive margins have opposite effects. Bank informational rents unambiguously decrease … welfare and distort effort incentives. But the bank most efficient at screening expands its market share by competing against …

banking crisis, the post-crisis period should be the time for recovering efficiency. Moreover, traditional banking theory …

flow and bank performance, to minority shareholder rights in the Thai public banking sector. The data for this study was … with bank performance …

corporate governance factors on Indian bank's performance …