banking system and the role of macroprudential policies in the mitigation of systemic risk. In a macro-consistent stress … testing application, we show that a trade-off can arise between banking stability (solvency) and macroeconomic stability …

In complex and interconnected banking systems, counterparty risk does not depend only on the risk of the immediate … that are consistent with market spreads. The approach is illustrated with an application to the UK banking system. …

that banking activity has a positive impact on growth. However, excessive financialization can hamper growth. Indeed, we …

We investigate liquidity shocks and shocks to fundamentals during financial crises at commercial banks, investment …

efficiency in banking. Banking, in turn, should be quantified; a number of factors well-known in banking theory and practice … both groups of banks. As a result of the study, the trends regarding the efficiency of banking in Bulgaria are outlined and …

commercial and investment banking in 1999, increasing risky business activities by commercial banks and precipitating the 2007 … the wall came down, commercial banks gained a sizeable share of the investment banking business. To offset lost revenues … regulation on financial firms other than the commercial banks. After all, it was the failure of Lehman Brothers — an investment …

-policy-relevant sectors represent a large portion of investors' equity portfolios, especially for investment and pension funds. Additionally …