We investigate the extent to which various structural risks exacerbate the materialization of cyclical risk. We use a … role in explaining the severity of cyclical and credit risk materialization during financial cycle contractions. Among …

This paper proposes an early-warning bank risk measure based on the syndicate concentration of recent syndicated loans …

The European significant risk transfer (SRT) securitisation market is increasingly being used by major EU banks to … manage risk and capital, but is not well known. SRT can provide an extra source of capital, flexibly and at a reasonable cost …. Banking supervisors assess SRT transactions to evaluate the degree of risk transfer from banks to investors, allowing …

We study a competitive banking sector in which banks choose the level of risk of their asset portfolios and, upon the …. Increasing stress test precision increases banks' asset riskiness but also improves allocative efficiency. When risk taking is …

in areas at high risk of flooding. At 6 basis points, the average risk premium does not adequately reflect the … deterioration of loan performance in the aftermath of flood episodes, however. Firms in flooded counties are more likely to default …