We examine the spillover and direct effects of cross-border bank M&As on the systemic risk of banks in the target …’s country. We document that higher cross-border bank M&A activity is associated with higher systemic risk for peer banks, while …-border bank M&As that stem from improvements in the quality of the target banks that exert pressure on peer banks …

system illiquidity. We empirically apply our method to a set of 10 divergent Central and Eastern Europe countries …

The aim of this paper is to analyze the impact of central bank transparency on systemic risk in emerging banking … markets using a sample composed of 34 banks from Central and Eastern Europe and a period spanning from 2005 through 2012 …. Results indicate a positive and significant relationship between central bank transparency and financial institutions …

Bank holding companies (BHCs) can be complex organizations, conducting multiple lines of business through many distinct … legal entities and across a range of geographies. While such complexity raises the costs of bank resolution when …, liquidity management, and synergy improvements that reduce risk. The outcomes of such trade-offs may depend on bank governance …

provided early warning signals in the case study of Deutsche Bank in mid-2016. Using our measure, we demonstrate which bank …- and country-specific characteristics are related to bank systemic importance. We find higher systemic importance for banks … systemic importance of a bank …

We find that the level of bank herding in real estate loans during boom period is substantially higher than the level … of bank herding in commercial and industrial loans or consumer loans. More importantly, we find that bank herding … find bank herding interacts with boom period to provide a stronger predictive power of systemic risk to next period beyond …