banks …

banks) in the U.S. corporate loan market. For identification, we exploit a supervisory credit register of syndicated loans … Basel III. We find that less-capitalized banks reduce loan retention, particularly among loans with higher capital …

money center banks). The “intermediary depiction model” that the SEC has always used is inadequate in financial innovation …

money center banks). The “intermediary depiction model” that the SEC has always used is inadequate in financial innovation …

reasons (over-optimistic banks neglecting risks) and to agency problems between bank shareholders with debt-holders and … taxpayers (banks understand high risk-taking). We test whether US banks’ stock returns in the 2007-08 crisis are related to bank … that top-five executives’ sales of shares predict the cross-section of banks returns during the crisis; interestingly …