lead to significant changes in the competitive environment should banks consider adding a granularity adjustment to the …

We develop a dynamic model of banking to assess the effects of liquidity and leverage requirements on banks' insolvency … risk. In this model, banks face taxation, flotation costs of securities, and default costs and maximize shareholder value …

lead to significant changes in the competitive environment should banks consider adding a granularity adjustment to the …

complex. Multinational banks can benefit from portfolio diversification, reducing their overall riskiness, but this effect can … crisis of 2007–2008. For a sample of 384 listed banks from 56 countries, we calculate two measures of risk for the period … balance-sheet-based and backward-looking measure – and relate them to the degree of banks’ internationalization. We find …

complex. Multinational banks can benefit from portfolio diversification, reducing their overall riskiness, but this effect can … crisis of 2007-2008. For a sample of 384 listed banks from 56 countries, we calculate two measures of risk for the period …

This paper sets out the criteria that boards and supervisors should use to determine whether banks are governing risk … correctly. First, boards have to set an overall risk target consistent with the overall return target. Second, the bank’s …

complex. Multinational banks can benefit from portfolio diversification, reducing their overall riskiness, but this effect can … crisis of 2007-2008. For a sample of 384 listed banks from 56 countries, we calculate two measures of risk for the period …

This paper explores the ability of financial analysts to gauge the risk taken by banks and investigates the impact of … the recent financial crisis. Using a sample of 36,343 forecasts issued for 411 European banks over 2003–2009, we find that … informational asymmetries are built-up by European banks. This questions the effectiveness of analysts in the market discipline …

complex. Multinational banks can benefit from portfolio diversification, reducing their overall riskiness, but this effect can … crisis of 2007-2008. For a sample of 384 listed banks from 56 countries, we calculate two measures of risk for the period …

banks tightening their lending standards on commercial and industrial (C&I) loans, with a much larger effect for medium …-large firms. The finding provides support for the Risk Management Hypothesis, under which banks decrease lending to risky …, signaling the channel of how firm risk transfers through the banking system to the rest of the economy. Finally, the impacts of …