risks posed by individual banks but also, importantly, those posed by nonbanks and the system as a whole. The recent …

This paper analyzes the financing choices of banks under capital regulation during the expansion period that preceded … the crisis. We use data from Dealogic on the issuances of financial instruments of Spanish banks to test whether financing … choices respond to predictions derived from the corporate finance theory and/or to capital regulation. We find that banks …

undertaken to understand the importance of financial products in Portugal for banks and private clients. Different financial … products can provide to banks an important role on their revenues and liquidity. For clients allows to invest their savings …: deposits, investment funds, securities, and insurance banking. The six largest banks with Portuguese headquarters were …