What are the effects of payout restrictions on bank risk-shifting? To answer this question, we exploit the restriction … affect bank risk-shifting incentives. …

regulation and Europeanisation of supervision, however, -so far neglecting differences in risk profiles and bank sizes …-Anwendungen vorhandene Bank- und Finanzdienstleistungen ergänzen, aber nicht ersetzen werden. Wir warnen jedoch vor bestehenden …

The development of the Basel III leverage ratio does not consider the different risk characteristics of bank business …

Through the compulsory participation of junior investors in bearing losses of their failing bank, the bailin attempts … to limit bail-outs' side-effects in terms of market discipline, too-big-to-fail, bank-sovereign nexus and risk …-in effects on bank resilience appear mixed. While it incentivises banks to reduce risk-taking (e.g., increasing risk …

Using a synthetic control research design, we find that "living will" regulation increases a bank's annual cost of …

bank issues covered bonds backed by a pool of assets that is bankruptcy remote and replenished following losses …. Encumbering assets allows a bank to raise cheap secured debt and expand profitable investment, but it also concentrates risk on …

We examine how debt priority structure affects bank funding costs and soundness. Leveraging an unexplored natural …. Importantly, subordinating non-depositor claims reduces bank risk-taking, consistent with market discipline. This insight …

to be larger at banks more constrained ex ante by the leverage limit. Despite increased asset risk, overall bank risk … suggest that the recent recalibration will curb those incentives without necessarily increasing bank risk. …