Bank deregulation in the form of the repeal of the Glass-Steagall Act facilitated the entry of non-bank lenders into … the market for syndicated loans during the pre-2008 credit boom. Institutional investors disproportionately purchase … conventional view that regulatory arbitrage caused the rise of non-bank lenders. …

the public, long-term systemic risk among banks tends to increase. From the dynamic perspective, bank penalties represent … long-term. In this respect, bank penalties resemble still waters that run deep. In contrast, a settlement with regulatory …

We propose a credit portfolio approach for evaluating systemic risk and attributing it across institutions. We …

We propose a credit portfolio approach for evaluating systemic risk and attributing it across institutions. We …

, experience with leading LBO syndicates or a bank's credit rating, however, lead to a lower impact of the LBO loan exposure on … loan syndicates, I shed light on the impact of a bank's LBO loan exposure on its systemic risk. By using 3,538 observations … are the bank's interconnectedness to other LBO financing banks and its size. Lending experience with a specific PE sponsor …

equity (market capitalization) a credit-spread-based correction for the value of shareholders' default option. We show that …

concordance with the Basel guidelines as applied by a bank supervisor. The findings show that SRISK produced a more consistent …