CHAPTER 1. INTRODUCTION -- CHAPTER 2. CONCEPTUAL FRAMEWORK -- CHAPTER 3: GERMAN MODEL -- CHAPTER 4. BRITISH MODEL -- CHAPTER 5. US MODEL -- CHAPTER 6. RESOLUTION OF BBFCs -- CHAPTER 7- CONCLUDING REMARKS -- ANNEX 1 Case Studies: Deutsche Bank, Credit Agricole, Barclays, Citi, and Santander.

We study how geographic distance affects bank regulatory monitoring and its flow on effect to borrowing firms' risk-taking. Using a sample of 304 Chinese commercial banks over the period 2007 to 2020, we find that banks monitored by a distant regulator take on additional risk in terms of lower...