, granting loans to these companies is not at the same level as the importance they have in the economic sector, the banks being …

the credit is crucial for banks. Banks classify the risk through quantitative and qualitative indicators. Quantitative … indicators are much used by banks, but qualitative indicators are also considered in credit risk evaluation. Taken together, they … contribute to increase efficiency and decrease doubtful credit. Several issues arise in order to understand if risk evaluation …

The rating-sensitive capital charges on credit risks under the new Basel Accord are likely to increase the volatility … of minimum capital requirements, which may force banks to hold larger capital cushions in excess of minimum requirements … of capital cushion is assumed to satisfy a value-at-risk-type constraint. …

2008 were associated with banks being significantly more likely to escape TARP. In addition, we find that larger publicly … traded banks with better accounting performance, the stronger capital ratios, and fewer troubled loans and other assets … exited early. Banks that raised private capital in 2009 were significantly more likely to return the taxpayers’ money early …

This paper finds that banks that offered lower opening bids were rewarded with significantly lower warrant repurchase … bias in negotiations, these are real transactions involving large sums of money. This paper finds that larger banks paid …

risk drivers. The choice of the credit risk drivers is inspired by the Merton (1974) model. Individual CDS liquidity and … different signals from liquidity based CDS spread changes than from business cycle or credit risk based changes. For the recent … financial crisis, we confirm that the steeply rising CDS spreads are due to increased credit risk. However, individual CDS …

We study how contingent capital affects banks' risk choices. When triggered in highly levered states, going …-concern conversion reduces risk-taking incentives, unlike conversion at default by traditional bail-inable debt. Interestingly …, contingent capital (CoCo) may be less risky than bail-inable debt as its lower priority is compensated by a lower induced risk …

We study how contingent capital affects banks' risk choices. When triggered in highly levered states, going …-concern conversion reduces risk-taking incentives, unlike conversion at default by traditional bail-inable debt. Interestingly …, contingent capital (CoCo) may be less risky than bail-inable debt as its lower priority is compensated by a lower induced risk …

developments in banks’ balance sheets, profitability and risk-bearing capacity and analyses their relevance for monetary policy. We …As the euro area has a predominantly bank-based financial system, changes in the composition and strength of banks …

systemically-important banks (SIBs) remain intact. In this paper, we use a jump diffusion option-pricing approach to provide … estimates of implicit subsidies gained by these banks due to the expectation of protection to creditors provided by governments …