individual asset holding data of German banks. I find that banks operating with tight regulatory constraints exploit the low risk …-sensitivity of rating-contingent capital requirements for ABS. Unlike unconstrained banks they systematically pick the securities … for yield allows constrained banks to increase the return on the capital required for an ABS investment by a factor of …

The aim of this paper is twofold: first, to study the determinants of banks' net interest margin with a particular … for banks of the relaxation of a binding prudential limit on maturity mismatch, in place in Italy until the mid-2000s. The …

stochastic policy mix lead to suboptimal allocations if banks do not internalize insolvency costs. The policy of forbearance may … make banks internalizing such costs and improves the efficiency of intermediation. …

options to address this 'doom loop' in which the government may need to raise debt to recapitalise banks, and an increase in … bias in banks sovereign bond holdings by reducing excessive exposure to domestic sovereigns has only limited benefit in …

We investigate profit shifting by the largest and systemically relevant European multinational banks using new data …