, liquidity management, and synergy improvements that reduce risk. The outcomes of such trade-offs may depend on bank governance … this type of complexity, leading to a decrease in systemic risk and an increase in liquidity risk among BHCs. While bank …Bank holding companies (BHCs) can be complex organizations, conducting multiple lines of business through many distinct …

global liquidity flows include monetary policy in advanced economies and risk conditions. At the same time, the sensitivities … driving risk migration from banks to nonbank financial institutions. Risk sensitivities and flightiness of global liquidity …Global liquidity flows are largely channeled through banks and nonbank financial institutions. The common drivers of …

liquidity risk and characterizes them. Both a solvency (leverage) and a liquidity ratio are required to control the … fund managers are more conservative the liquidity requirement has to be strengthened while the solvency one relaxed. Higher … financial intermediary is opaque) and, correspondingly, liquidity requirements should be tightened. The model is applied to …

dependencies arising from common risk factors, while recessions in real sectors due to bank defaults should be a secondary concern. …In this paper we study systemic risk for the US and Europe. We show that banks' exposures to common risk factors are … crucial for systemic risk. We come to this conclusion by first showing that relations between US and European banks are …

This paper examines market liquidity in the post-crisis era in light of concerns that regulatory changes might have … considering additional drivers of market liquidity. We document a stagnation of dealer balance sheets after the financial crisis … liquidity. …

An extensive review of the evidence related to the 2007-09 crisis reveals that it was an insolvency risk crisis, not a … liquidity crisis. The appropriate post-crisis regulatory reform should therefore focus on increasing capital requirements. The … Basel III liquidity requirements do not serve a useful economic purpose in dealing with the root causes of the stresses that …

here primarily look at fiscal policy and sovereign risk perspectives, papers on the monetary policy and regulatory …

This article analyzes bank bankruptcy regimes across 142 countries. By employing factor analysis, we identify five main … dimensions of bank bankruptcy frameworks: (1) Difficulty of forbearance & ease of court appeal, (2) Availability of supervisory … bank bankruptcy frameworks: a court-led and administrative bank bankruptcy regime. Administrative bank bankruptcy regimes …

, regulation and supervision cannot achieve zero failure regimes. Banks fail like any other commercial entities, and will continue … to fail. Failure of a bank may trigger formal insolvency (resolution) proceedings, if there is no available option to … save it as a going concern. Bank insolvency proceedings comprise various mechanisms, instruments, and transactions to …

frameworks and better bank regulation, but less so for flows to non-financial firms …This paper provides a definition of global liquidity consistent with its meaning as the “ease of financing” in … global factors driving cross-border bank flows, alongside country-specific factors. It confirms the explanatory power of US …