empirical support. We conclude that bank equity is not socially expensive, and that high leverage at the levels allowed, for … challenges are addressed, capital regulation can be a powerful tool for enhancing the role of banks in the economy. …

This is a chapter for a forthcoming volume Oxford Handbook of Financial Regulation (Oxford University Press 2014) (eds …. Eilís Ferran, Niamh Moloney, and Jennifer Payne). It provides an overview of EU financial regulation from the first banking … the accommodation of cross-border capital flows and their regulation necessarily require an orchestration of the …

how to treat sovereign exposures in bank regulation. Our contribution is to model endogenous sovereign portfolio …

Euro area governments have committed to break the doom loop between bank risk and sovereign risk. But policymakers have …

a bank-level systemic risk indicator that can be decomposed into a bank's individual risk and its systemic linkage. To … proxy the strictness of a country's regulatory regime, we employ World Bank survey data …

Are bank resolution regimes effective enough to improve financial stability? We look at the effect of the new bank … results suggest that centralized regulation has heterogeneous effects depending on the country's development degree. Improving …

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 …

This study investigates the implications of cross-country differences in banking regulation and supervision for the … international subsidiary locations and risk of U.S. bank holding companies (BHCs). We find that U.S. BHCs are more likely to operate … subsidiaries in countries with weaker regulation and supervision and that such location decisions are associated with elevated BHC …