balance of three forces: interest rate pass-through, risk shifting, and leverage. When banks can adjust their capital …, the balance depends on the degree of bank capitalization: when facing a policy rate cut, well capitalized banks decrease … monitoring, while highly levered banks increase it. Further, the balance of these effects depends on the structure and …

College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …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 …

options to address this 'doom loop' in which the government may need to raise debt to recapitalise banks, and an increase in … initial shock originating either in the banking or sovereign sector is amplified by the feedback relation. We set up a … framework based on detailed actual bank balance sheets and test the model on 35 large EU banking groups, across 7 European …

bailout policies have reduced solvency risk in the banking sector, but partly at the expense of raising the credit risk of … and banks. Finally, we find spillover effects in particular from sovereigns in the euro area periphery to the core …

bailout policies have reduced solvency risk in the banking sector mostly at the expense of raising the credit risk of … and banks. Finally, we find spillover effects in particular from sovereigns in the euro area periphery to the core …

The determinants of default risk of banks in emerging economies have so far received inadequate attention in the … the economy. Public sector banks have shown significant performance in containing bad debts. Private banks have continued … banks, apart from other accepted determinants of profitability, asset size has no significant impact on profitability. …