This paper studies how organizational downsizing in a bank affects loan officer specialization and the credit default … officer specialization causes an increase in default rates due to an inferior production of default risk information and …

relationships predicts commercial loan default by industrial firms. We find that the bank's relationship information is …Using a proprietary database from a large Chinese state-owned bank, we examine whether information evolved from banking … significantly linked to the incidence of default, and that its contribution to prediction accuracy is larger than any hard …

default rate and loss given default of bank loans share a cyclical component, related to the business cycle. We infer this …Cyclicality in the losses of bank loans is important for bank risk management. Because loans have a different risk … cycle by a new model that distinguishes loans with large and small losses, and links them to the default rate and macro …