international subsidiary locations and risk of U.S. bank holding companies (BHCs). We find that U.S. BHCs are more likely to operate …

empirical support. We conclude that bank equity is not socially expensive, and that high leverage at the levels allowed, for …

I study the association between bank financial reporting opacity, measured by delayed expected loan loss recognition …, and the intervention decisions made by bank regulators. Examining U.S. commercial banks during the 2007-2009 financial … the extant literature on bank opacity, regulatory forbearance, and the consequences of loan loss provisioning by …

Bank capital requirements are based on a mix of market values and book values. We investigate the effects of a policy … banking organizations. Our analysis is based on security-level data on individual bank portfolios matched to bond …

We investigate the relationship between bank complexity and bank risk-taking using German banking data over the period …

to be larger at banks more constrained ex ante by the leverage limit. Despite increased asset risk, overall bank risk … suggest that the recent recalibration will curb those incentives without necessarily increasing bank risk. …