forfeited if the bank does not meet its capital requirements. This memo underscores the benefits of contingent deferred …

The crisis in Europe has underscored the vulnerability of European bank funding models compared to international peers …. This paper studies the drivers behind this fragility and examines the future of bank funding, primarily wholesale, in … possible policy options and bank actions to enhance European bank funding models' robustness …

We investigate the effects of managerial incentives and market power on bank risk-taking for a sample of 212 large U ….S. bank holding companies over the period 1997-2004 (comprising 1,534 observations). Bank managers have incentives to prefer … less risk, while bank shareholders prefer higher risk, and market power is the centerpiece of any bank regulation. However …

The roles of bank franchise value (“skin in the game”) and CEO ownership play in determining bank risk are studied for … large United States Bank Holding Companies. We find robust evidence of a U-shaped relationship between bank risk and each of … and CEO ownership increases so too does bank risk. Further, we find that low levels of franchise value combined with high …

a broad panel of large US bank holding companies over the period 1997–2011, we find that both board size and independent … directors decrease bank performance. Although gender diversity improves bank performance in the pre-Sarbanes–Oxley Act (SOX … other sensitivity checks including alternative proxies for bank performance …

legal protection of depositors is as important. The safety net designed to protect depositors and prevent bank runs is … (2008) are the first to present evidence of the joint impact of regulatory environment and bank ownership structure on bank … is, however, known about the interaction between regulatory environment and bank ownership structure. The objective of …

We present a model where bank assets are a portfolio of risky debt claims and analyze stockholders' risk …-taking behavior while considering the strategic interaction between debtors and creditors. We find that: (1) as the leverage of a bank … demonstrates that an increase in comovement of a loan portfolio increases the bank's cost of default directly, we find that the …

to be held on bank portfolios, rather than sold. I measure the capital ratio (the inverse of the leverage ratio, defined … as equity divided by asset value) for each bank at the time of each loan's origination. After controlling for both bank … results are robust to an instrumental variables strategy for predicting bank capital, a wide range of measures of bank capital …