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

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

arrangers. Why are non-banks able to compete for this role against banks? How do the composition of syndicates and loan pricing … questions. Non-banks benefit from looser regulatory requirements, have industry expertise which helps them in the screening and … show that non-banks specialize on more opaque and less experienced borrowers, are more likely than banks to choose …