episodes of intensi fied (systemic) bank risk: specialization (capturing overexposures), differentiation (capturing indirect … nd that both individual and systemic bank risk decrease withspecialization. Indirect connectedness of banks is … particularly (and negatively) related to individual bank risk, whereas direct connectedness of banks is particularly (and …

financial penalties and address the question whether bank regulators limit or contribute to banks' systemic risk …

Using a novel cross-European dataset on bank internationalization, the paper accounts for both organizational and …–11 European sovereign debt crisis might have modified such an impact. Ahead of the crisis (2005–07), results suggest that bank … complexity affects systemic risk via its impact on bank size, activity diversity and foreign expansion strategies. Regardless of …

Since the European Central Bank’s (ECB’s) 2003 strategy review, the importance of macro-financial amplification …

Since the European Central Bank’s (ECB’s) 2003 strategy review, the importance of macro-financial amplification …

European banks are exposed to a substantial amount of risky sovereign debt. The "missing bank capital" resulting from …-weights. More bank capital as well as positive risk-weighting for sovereign exposures mitigates spillovers. …

We examine the effects of opacity on bank valuation and the synchronicity of bank equity prices over the years 2000 … rise in bank equity share prices, decrease in transparent asset holdings by banks, and greater price synchronicity …

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 …

of the less regulated, so-called shadow banking sector. Employing flow-of-funds data for the Euro Area's non-bank banking … increase in non-bank banking). Overall intermediation activity, hence, has remained roughly at the same level. Moreover, our … findings also suggest that non-bank banks have tended to take positions in riskier assets (particularly in equities). In line …