to a statistically significant and negative impact on the real economy. This impact increases with the size of the bank … the stringency of regulatory standards should vary with bank size, and support the idea that the largest banks should be …

the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent … long-term. In this respect, bank penalties resemble still waters that run deep. In contrast, a settlement with regulatory …

loan syndicates, I shed light on the impact of a bank's LBO loan exposure on its systemic risk. By using 3,538 observations … are the bank's interconnectedness to other LBO financing banks and its size. Lending experience with a specific PE sponsor …, experience with leading LBO syndicates or a bank's credit rating, however, lead to a lower impact of the LBO loan exposure on …