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 …

Bank leverage ratios have made an impressive and largely unopposed return; they are mostly used alongside risk …-weighted capital requirements. The reasons for this return are manifold, and they are not limited to the fact that bank equity levels … straightforward real estate loans. Bank leverage ratios are primarily seen as a microprudential measure that intends to increase bank …

foster additional non-bank sources of finance, mobilize private savings more efficiently and enhance capital market … finances. In a CMU sovereign risks have to be treated adequately in bank regulation. Third, it should be assessed in advance … which sources of non-bank finance will be demanded by companies and will become systemic. We recommend an integrated …

regulatory requirements. Our analytic characterization of the bank policy choices shows that imposing solely liquidity … requirements leads to lower bank losses in default at the cost of an increased likelihood of default. Combining liquidity … requirements with leverage requirements reduces drastically both the likelihood of default and the magnitude of bank losses in …

with bank's interest by taking into account banks' consideration that the banking regulation is inconsistent with their … bank's objective. By using the neural network method, we present empirical evidence for the fact that a joint risky … liquidity and leverage strategies, which are widely used in the banking industry have a disastrous impact on the bank …

equity capital. The sample consists of large public banks over the period 1995-201'3 Study uses data on each individual bank …

-Saxon market based system and more bank-based system, prevalent in most of continental Europe. The pluralistic structure of EU …

An effective bank resolution regime requires taking action while the bank still has positive net worth and shareholder … are breached while the bank still has positive net worth.It discusses key elements that policy makers need to consider in …