jeopardized. This raises concerns for lending institutions that have provided credit to these companies, potentially leading to … stricter lending conditions for borrowers. This paper analyzes how these risks spread from the real economy to the syndicated …

Union (EMU) banking sector. The paper's central hypothesis that capital adequacy of the EMU banking sector influenced credit …, the sub-hypothesis that higher capital adequacy resulted in negative credit growth was supported for the crisis period. We …

. High unofficial euroisation is a source of indirect credit risk for countries with their own national legal tender, which …

European Central Bank's Financial Stability Committee Working Group on Stress Testing (WGST). Over a four-year period, the WGST …

costly for society and would affect credit markets adversely. We find that arguments made to support this view are fallacious … empirical support. We conclude that bank equity is not socially expensive, and that high leverage at the levels allowed, for … makes banking inefficient. Better capitalized banks suffer fewer distortions in lending decisions and would perform better …

forfeited if the bank does not meet its capital requirements. This memo underscores the benefits of contingent deferred …

hypothesis using a bank holding company (BHC) level heterogeneity index based on granular balance-sheet, income statements, cash … flow statements, and off-balance-sheet information for the U.S. bank holding companies over a sample period spanning the …-2009) and the COVID-19 Recession, especially for the largest bank holding companies (BHCs). As such, a declining level of …

hypothesis using a bank holding company (BHC) level heterogeneity index based on granular balance-sheet, income statements, cash … flow statements, and off- balance-sheet information for the U.S. bank holding companies over a sample period spanning the …) and the COVID-19 Recession, especially for the largest bank holding companies (BHCs). As such, a declining level of …