Showing 1 - 10 of 5,689
The paper explores incentives created by the German Bank Restructuring Act for investors holding assets in systemically important banks (SIBs). Its purpose is to examine consequences that follow for risk choices of SIBs, as well as for Germany's financial system. Applying the analytical model of...
Persistent link: https://www.econbiz.de/10009788241
Market risk reporting in banking has assumed such importance during the last decade. The purpose of this paper is to … provide a methodology to evaluate the qualitative and quantitative profiles of the market risk disclosure in banking. We …
Persistent link: https://www.econbiz.de/10012934301
Der vorliegende Beitrag beschäftigt sich mit der Aufarbeitung der Hintergründe der Subprime-Krise sowie der nachfolgenden internationalen Banken- und Finanzkrisen. Auf dieser Basis werden Vorschläge diskutiert, wie die erkannten Schwachstellen im Finanzsystem repariert bzw. behoben werden...
Persistent link: https://www.econbiz.de/10003922564
How does bank distress impact their customers' probability of default and trade credit availability? We address this question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times of distress and crisis, featuring the different...
Persistent link: https://www.econbiz.de/10012103361
How does bank distress impact their customers' probability of default and trade credit availability? We address this question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times of distress and crisis, featuring the different...
Persistent link: https://www.econbiz.de/10012108717
The present study is centered primarily on determining whether the German banking system is to be characterized by … procyclical behavior from 2000 to 2011 and to what extent specific sectors of the German banking system showed significant balance … the different sectors of the German banking system operate their business more or less procyclically. Second, the study …
Persistent link: https://www.econbiz.de/10009419529
banking sectors due to a missing ability to monitor bank managers. Our results underline that these problems appear to mislead … empirical study to the distances-to-default of different German banking sectors. This demonstrates that risktaking attitudes of … authorities should increase their vigilance in terms of principal-agent problems within certain sectors of the banking industry …
Persistent link: https://www.econbiz.de/10009515838
We analyze securities trading by banks during the crisis and the associated spillovers to the supply of credit. We use a proprietary dataset that has the investments of banks at the security level for 2005-2012 in conjunction with the credit register from Germany. We find that - during the...
Persistent link: https://www.econbiz.de/10011974673
In the light of the recent financial crisis, the discussion on the nature of runs and on the stabilizing role of liquidity holdings has intensified. This paper explores the cash management conducted by German open-end equity funds for the period between 2005 and 2010. Since ownership structures...
Persistent link: https://www.econbiz.de/10010202775
The CFS survey covers individual situations of banks and other companies of the financial sector during the financial crisis. This provides a rare possibility to analyze appraisals, expectations and forecast errors of the core sector of the recent turmoil. Following standard ways of aggregating...
Persistent link: https://www.econbiz.de/10009767078