for outside investors. Consistent with such recourse, we find that conduits provided little risk transfer during the run …

investor cash flows and indirectly, by increasing the uncertainty about future distributions and thus banks' equity risk premia …. The impact differed across banks depending on their distribution plans and risk-adjusted profitability. Our analysis …

from 1986 to 2006, we examine the relationship between short-term capital buffer and portfolio risk adjustments. Our …

Risk management is at present essential to the banking business mainly as a discipline geared to the protection of … depositors with a strong capital support. But risk management yields other benefits, offering a well-grounded procedure to … allocate capital and to price banking products. Value at Risk (VAR) is by far the most common methodology for quantifying risk …

fluctuation is stronger for savings banks than for cooperative banks, as, for savings banks, risk-weighted assets fluctuate more … not decrease risk-weighted assets in a business cycle downturn by more than well-capitalized banks. This finding seems to …

Using an unbalanced panel of accounting data from 1997 to 2004 and controlling for individual bank costs and risk, we …