because it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy …

it reflects special liquidity benefits of bank debt. Even aside from neglecting the systemic damage to the economy that …

bank safety with a better capitalised bank being a safer bank. On the other hand, shareholders of a safer bank suffer … bank leverage; however, further analysis showed that bank leverage decreases as the governance component score increases …. This suggests that the governance of G-SIBs is important for financial stability. Bank size was found to have no …

, a bank is able to reduce the cost of debt by splitting it into a junior and a senior tranche, sold to institutional and …

regulatory requirements. Our analytic characterization of the bank policy choices shows that imposing solely liquidity … requirements leads to lower bank losses in default at the cost of an increased likelihood of default. Combining liquidity … requirements with leverage requirements reduces drastically both the likelihood of default and the magnitude of bank losses in …