different levels of bank risk (measured by the distance to default), considering the possible specificities across business … raises the suspicion of regulatory arbitrage to a different extent across bank business models. Third, we explore whether …, and to what extent, the degree of regulatory arbitrage varies across bank business models. Our findings show that one of …

implications. Chapters also investigate topics such as bank efficiency and new bank business models from a business diversification … perspective, the effects on financial exclusion and how liquidity mismatches are related with the bank business model. This book …1) A Note on Regulatory Arbitrage: Bank Risk, Capital Risk, Interest Rate Risk and ALM in European Banking; Magnus …