This note considers the role debt-equity conversions and NPL securitization can play in addressing excessive corporate …

This paper derives a bank capital allocation model and applies it in the determinants of securitization. According to … increase riskier loans to raise capital return, or to decrease loans to alleviate risk.Securitization is one way to alleviate … securitization to maximize utility. To derive a bank capital allocation model, HJB equation in control theory and a specific utility …

We investigate whether the securitization of corporate loans affected banks' lending standards. We find that during the …

lending" and describing the process of securitization, it argues that securitizing subprime loans has many dangers. While some … have claimed that securitizing loans lowers loan costs to borrowers, the reverse might be true and securitization may … actually increase the costs of loans to borrowers. This testimony states that securitization undermines loan underwriting. As …

increases credit supply. In my empirical strategy I compare banks with and without access to securitisation and exploit the ABCP …: banks use unlocked capital from the securitisation of consumer credit to propel C&I lending …

-securitized loans. The result can largely be explained by their degree of information asymmetry and credit risk. We find that lead banks …