Using within-loan estimations to remove the impact of the demand side factors, we find that the capital levels of banks … participating in the same syndicated loan are positively associated with the banks' contributions to the loan. Consistent with the … among banks that rely more on wholesale funding. Furthermore, we find that banks increase their contributions to syndicated …

compensation impacts bank syndicated loan contracting. We find that banks with more CEO inside debt have lower non …-performance loans and lend to safer borrowers. Using a two-stage selection model, we find that banks with more CEO inside debt extend … maturity. These loan terms indicate higher screening effort and borrower credit quality, consistent with the credit quality …

rates and longer maturities. Finally, focusing on banks that lend to U.S. Congress members, we find that the weaker …

they recognize that connections enhance the borrower's credit worthiness and a Bank Channel in which banks assign greater … connections increase the value of U.S. companies and reduce monitoring costs and credit risk faced by banks, which, in turn … liquidity requirement commanded by banks at the origination of the loan. Taken together, our results suggest that political …

In this paper we review the pricing and model calibration of Credit Default Swaps referring to both the International … Swaps and Derivatives Association (ISDA) CDS contract and credit model standardization guidelines. Furthermore we provide an … Excel pricing workbook to supplement the materials discussed. The main goal is for this paper to act as a credit primer and …

opportunity for unlisted firms. Using the Italian Credit Register, we investigate the impact of minibond issuance on bank credit … maturity than non-issuer firms do, suggesting an improvement in their bargaining power with banks. In addition, issuer firms … reduce the amount of used bank credit but increase the overall amount of available external funds, pointing to a substitution …

leveraged loans too risky for banks to keep. Syndicated lending now involves greater and greater participation by nonbank or …

association is more pronounced when firms have lower credit quality, when the relationships between firms and banks are less …. We find that loans issued by banks in economies with more powerful supervisors have higher spreads. The positive … established, when syndicate loans involve fewer lenders, and when lead banks have a riskier profile. Further analyses reveal that …

as (i) transaction prices do not compensate for credit risks; (ii) banks fund the NPL transactions and remain responsible … transactions – driven by tighter financial regulation – are consistent with banks concealing non-performing assets from regulators … for debt collection; and (iii) over 70% of NPL packages are re-sold at inflated prices to bank borrowers, so banks remain …

The development of credit information sharing schemes in developing countries has gained significant attention in … credit information sharing on credit intermediation cost in these countries, and consequently ascertain the extent to which … the credit information sharing–credit intermediation cost nexus may be accentuated by banking market concentration and …