This paper provides evidence on how the new international regulation on Global Systemically Important Banks (G-SIBs) impacts the market value of large banks. We analyze the stock price reactions for the 300 largest banks from 52 countries across 12 relevant regulatory announcement and...

English Abstract: This article examines the case of Hypo Real Estate Holding (HRE) during the financial crisis of 2007 and the implications that can be derived for future regulation of banks. The financial crisis triggered directly a liquidity crisis as well as indirectly a solvency crisis at...

This paper measures the economy-wide impact of bank distress on the loss of relationship benefits. We use the near-collapse of the Norwegian banking system during the period 1988 to 1991 to measure the impact of bank distress announcements on the stock prices of firms maintaining a relationship...