Our concern in this paper is two-fold: first to see whether the determinants of bank distress and failure have been any …-weighted counterparts as predictors, despite the focus on the later in the Basel framework. This paper examines bank distress within a large … predict bank failures and draw inferences about the stability of contributing bank characteristics. Our models incorporate …

This essay discusses the corporate governance of banks. Bank managers must balance competing demands from shareholders … creditors, and integrates bank regulation into the concept of debt governance. The empirical section surveys the extant …) and regulators (debt governance) can meaningfully coexist in their quest to guide and constrain bank managers. …

Asset encumbrance is a central concept in the context of banks' liquidity crises, as it is associated with their …. Building on these findings, we show that asset encumbrance indicators carry predictive information for bank-specific crises as …

This paper contributes to the debate on liquidity in resolution by providing a quantitative assessment of liquidity … gaps of banks in resolution in the euro area. It estimates possible ranges of liquidity gaps for significant banks under … different assumptions and scenarios. The findings suggest that, while the average liquidity gaps in resolution are limited, the …

liquidity provision and the roles of the public budget and the central bank. The comparison also reveals that the role of fiscal … financial stability. This paper extends the existing research by zooming in on the specific topic of liquidity provision to … banks in resolution. It examines the provision of liquidity in the United States, the United Kingdom, Japan, Canada and the …

investment funds provide important intermediation services to the real sector, including market and liquidity risk-sharing and … leverage, and the inherent and growing maturity and liquidity mismatch arising from the demandable nature of fund share …