sector developments. The banking sector as a whole shows comfortable levels of capitalization and profits, having benefited …

banking industries. He suggests that the value of ALM techniques is still undervalued and left to specialists rather than … being embraced by the banking business.  …

provided liquidity against a range of assets during 2008-09. Dealers with lower equity returns and greater leverage prior to … liquidity in explaining dealer behavior. The results suggest that both financial performance and balance sheet liquidity play a …

lead to inflation, is convincing. However, decisive steps towards fiscal and banking union are needed to stabilize the euro …

banking sector in normal times, and even more the risk of a bank run in times of crisis. This paper extends the bank run model … reduces net worth in the banking sector in normal times but mitigates the risk of a bank run in times of crisis. The …

the provision of emergency liquidity to shadow banks. …

last resort. The ECB provided the banking sector with almost unlimited liquidity and, in addition, purchased government …

- particularly with respect to its function as lender of last resort. It provided the banking sector with almost unlimited liquidity …

repo market, et cetera. In this paper, we argue that the elimination of specialized banking through the eventual repeal of … protected banks and the so-called shadow banking system have become blurred. The existence of the shadow banking universe, which … banking system. In this context, reforming the lender-of-last-resort institution requires fundamental changes within the …