banks with foreign affiliates for the years 2002-2011, we study bank internationalization before and during the crisis. Our …

may vary across lenders. We find strong evidence that credit tightened in the relatively early stages of the crises caused … by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on … domestic banks. The observed decline in credit is greater among high-risk firms and firms with fewer tangible assets …

regions are also much interwoven without much diversification. At the system-wide level, the EU banking system is weakly …

bank-level dataset to assess at a quarterly frequency how changes in the U.S. Federal funds rate (before the crisis) and … the existence of a potent global bank lending channel. In response to changes in U.S. monetary conditions, U.S. banks … strongly adjust their cross-border claims in both the pre and post-crisis period. However, we also find that U.S. bank …

This paper distils three lessons for bank regulation from the experience of the 2009-12 euro-area financial crisis …. First, it highlights the key role that sovereign debt exposures of banks have played in the feedback loop between bank and …

significance. Our results do not point to a major role of newly introduced bank levies in explaining cross-border banking …