We analyze link between mortgage-related regulatory penalties levied on banks and the level of systemic risk in the U … the public, long-term systemic risk among banks tends to increase. In contrast, a settlement with regulatory authorities …

addition, we explore the effect on a bank’s probability of default if the existing capital requirement privilege for EU …

European banks. In this paper, we evaluate the possible effects of these constraints on risk and diversification in the … sovereign bond portfolios of the major European banks. First, we capture the dependence structure of European countries … analysis. We then analyse the risk and diversification in the sovereign bond portfolios of the largest European banks and …