shock caused by a large-bank failure in conjunction with detailed data on interbank exposures. First, we find robust … evidence that higher interbank exposure to the failed bank leads to large deposit withdrawals. Second, the magnitude of …-prudential analysis ; deposit insurance ; interbank market ; wholesale depositors ; bank runs ; banking crisis ; liquidity dry-ups …

. For an international sample of banks, this paper investigates the impact of government indebtedness and deficits on bank … stock prices and credit default swap spreads. Overall, bank stock prices reflect a negative capitalization of government … reduction in their market valuation in countries running large fiscal deficits. Furthermore, the change in bank credit default …