The euro area crisis was characterised by a negative feedback loop between banks and sovereigns. The paper aims to …

US) investment banks and their subsequent, in most cases, bail-out by public funds – and on the real sector of the … (and in particular banking) crises (under Section 1); discusses the structural vulnerability of banks to some financial …

The Greek crisis has brought to light the strong nexus between the credit risks of European banks and their sovereign …

Foreign banks pulled significant funding from their U.S. branches during the Great Recession. We estimate that the … for larger branches. This internal shock to the balance sheets of U.S. branches of foreign banks had sizable effects on …

large parts of the world. In this paper we explore the financial and the trade channel in a unified framework and quantify … requirements depend on the way banks' balance sheets adjust to this intervention …

-post banks' distress – including the likelihood of a bank rescue, systematic risk and the intensity of recourse to central bank … models characteristics on risk is non-linear. The level of distress of the riskier banks is relatively more sensitive to … of the riskiest banks during crises are those aimed at regulating their funding structure, supporting some of the …

capturing the systemic dimensions of bank risk and tends to become stronger for the tail of the riskier banks. The majority of …