)coordinated banks and their borrowers, bank strategic (re)actions when they draw their loan contracts and the impact of macroeconomic …

relationship between LGD and default date, workout period, loan modification, asset size, bank characteristics, geography, lien …

We analyze how Credit Default Swaps (CDS) affect bank incentives and borrower outcomes in renegotiations after covenant …

decline in loan maturity is bank driven. In line with this premise, we find that the slope of the loan yield curve becomes …

This paper studies how organizational downsizing in a bank affects loan officer specialization and the credit default …

This paper presents evidence that personal relationships between corporate borrowers and bank loan officers improve the … outcomes of loan renegotiation. Analysing a bank reorganization in Greece in the mid-2010s, I find that firms that experience … firms are more likely to alter their capital structure. These results point to the importance of lending relationships in …

Within bank activities, which is normally defined as the joint exercise of savings collection and credit supply, risk …-taking is natural, as in many human activities. Among risks related to credit intermediation, credit risk assumes particular … importance. It is most simply defined as the potential that a bank borrower or counterparty fails to fulfil correctly at maturity …

Cyclicality in the losses of bank loans is important for bank risk management. Because loans have a different risk … default rate and loss given default of bank loans share a cyclical component, related to the business cycle. We infer this …

Marketplace lending has fundamentally changed the relationship between borrowers and lenders in financial markets. As … marketplace lending, highlighting the importance of forecasting default rates and evaluating default features such as the loan … amount, interest rates, and FICO score. Potential borrowers on marketplace lending platforms may already have been rejected …

relationship lending increases the likelihood that a bank invests in a risky workout of distressed borrowers. Both findings support …This paper analyses the role of collateral in loan contracting when companies are financed by multiple bank lenders and … relationship lending can be present. We conjecture and empirically validate that relationship lenders, who enjoy an informational …