2014, the largest banks in the Euro Area are under the direct supervision of the European Central Bank (ECB). In this … listed European banks to measure each bank's contribution to systemic risk (SRISK) at the national and at the Euro Area level … heterogeneity both across countries and banks. Second, we explore the drivers of systemic risk. A bank s contribution to systemic …

The declared intention of policy makers is that future bank restructuring should be conducted through bail-in rather … than bail-out. Over the past years there have been a few cases of European bank restructuring where bail-in was implemented …

requirements, using financial data of the Swiss systemically important bank UBS. It can be shown that the leverage ratio …

important insights for the newly proposed bank liquidity regulations (Basel III) regarding the stability of deposits and the …). Finally, the results inform bank managers how the price setting via deposit interests influences their funding. …

runs, and face a threat of entry. Higher competition increases deposit rates and bank fragility, resulting in an … intermediate socially optimal level of bank competition. We provide a novel theory of bank opacity. The cost of opacity is more … is to deter entry of competitors, which increases bank charter value. Banks can be excessively opaque, motivating …

quantity and the composition of bank lending. We find that credit supplied by banks that introduced the model-based approach …