. We then investigate whether this effect is influenced by two key bank characteristics: securitization and bank capital … competition at the industry level lead to higher realized systemic risk. The results suggest that the use of securitization …

This study examines the relationship between securitization and loan performance using proprietary loan-level data from … retained on the bank's balance sheet, suggesting no adverse selection or moral hazard within the Chinese securitization market … alters banks' business model and eliminates other options of credit risk transfer except for securitization, we show worse …

Using a unique sample of 749 cash and synthetic securitization transactions issued by 60 stock-listed bank holdings in … securitization has a negative impact on the issuing banks' financial soundness. Baseline findings hold even when controlling for … market-based indicators of bank risk. Moreover, investigating the relationship between credit risk securitization and single …