Usual measures of the risk-taking incentives of bank CEOs do not capture the risk-shifting incentives that the exposure … importance of these incentives for bank CEOs: In a sample of large U.S. financial firms, a higher pre-crisis delta is associated …

In August 2007 the United Kingdom experienced its first bank run in over 140 years. Although Northern Rock was not a … particularly large bank (it was at the time ranked 7th in terms of assets) it was nevertheless a significant retail bank and a … outside the bank as depositors rushed to withdraw their deposits. There was always a fear that this could spark a systemic run …

countries, using that index to examine relations between national codes of governance, individual bank risk governance and both … results will be useful for bank regulators and bank managers …

and distortions. Finally, we briefly review the recent evolution of bank lending to the private sector. We draw policy …

This paper examines the linkage between bank liquidity creation and systemic risk. Using quarterly data on U.S. bank … holding companies from 2003 to 2016, we document that liquidity creation decreases systemic risk at the individual bank level … after controlling for bank size, asset risk, and other bank-specific attributes. After decomposing systemic risk into bank …

bailed out by the government take more risk. Lastly, we find mixed evidence that tougher bank capital regulation deters bad …

bank failures, decreases the Delta-CoVaR of the banking system, and thus, mitigates systemic risk. While CoCo debt with … dual-trigger is not so efficient as a single trigger design in reducing individual bank failures, the former is more …