We examine how bank competition in the run-up to the 2007-2009 crisis affects banks' systemic risk during the crisis …. We then investigate whether this effect is influenced by two key bank characteristics: securitization and bank capital …. Using a sample of the largest listed banks from 15 countries, we find that greater market power at the bank level and higher …

the effect of competition on realized bank risk (i.e. more intense competition and greater use of securitization is … impact of competition on realized risk. It follows that cooperation between supervisory and competition authorities is …

the effect of competition on realised bank risk (i.e. more intense competition and greater use of securitisation is … impact of competition on realised risk. It follows that cooperation between supervisory and competition authorities is …

The German financial system is characterized by lower degrees of penetration by foreign commercial banks and of (bank … fact that universal banking in Germany creates implicit barriers to entry. Yet, regulatory and informational differences …