Showing 1 - 10 of 12,085
study whether government subsidies to firms affect the quantity and quality of bank lending. We combine the universe of … modalities of GRW subsidies to firms are determined at the EU level. Therefore, we use it to identify bank outcomes. Banks with … relationships to more subsidized firms exhibit higher lending volumes without any significant differences in bank stability …
Persistent link: https://www.econbiz.de/10013412630
government subsidies to firms affect credit markets. We identify credit market responses by considering both, bank lending and …
Persistent link: https://www.econbiz.de/10015062319
' reporting incentives played a key role, which has important implications for bank supervision and the new expected loss model …
Persistent link: https://www.econbiz.de/10012850365
We study the impact of disclosure about bank fundamentals on depositors' behavior in the presence (and absence) of … disclosure is conducive to bank stability. We find that bank deposits are sensitive to perceived bank performance. While banks … institution conveys meaningful information for others. Our findings highlight both the costs and benefits of bank transparency and …
Persistent link: https://www.econbiz.de/10012250923
range of real sectors is limited. Our results imply that regulators and supervisors should address international bank … dependencies arising from common risk factors, while recessions in real sectors due to bank defaults should be a secondary concern. …
Persistent link: https://www.econbiz.de/10009784871
On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...
Persistent link: https://www.econbiz.de/10011557140
In this paper we study the intra-group transactions between the parent bank and its foreign subsidiaries in European … subsidiary banks were large by assets in some of the member states the related party transactions with the parent bank created a … subsidiaries. We suggest improvements in governance as well greater disclosure of related party transactions in bank holding …
Persistent link: https://www.econbiz.de/10013127836
The financial crisis had a major impact on the banking landscape. As troubled banks were rescued by their home country, the question arises what happened to cross-border banking. Our findings indicate that cross-border banking remains strong within Europe; the Single Market in Banking is still in...
Persistent link: https://www.econbiz.de/10013125993
This paper proposes and evaluates several market-based measures for US and eurozone individual bank tail risk and … banking system risk. We apply statistical extreme value analysis to the tails of bank equity prices to estimate the likelihood … to global shocks ( extreme systematic risk). Moreover, the estimators presuppose that bank equity prices are heavy tailed …
Persistent link: https://www.econbiz.de/10013101500
In this paper we propose country-specific and systemic metrics that allow quantifying whether cross-border banking in a country (or region) takes a desirable form. Applying these metrics to the EU countries, we find that the countries with the largest banking centers, UK and Germany, are well...
Persistent link: https://www.econbiz.de/10013093671