We study whether and how corporate loan securitization through collateralized loan obligations (CLOs) has changed the … nature of bank lending relationship. We use a large dataset of CLO collaterals to identify securitized loans and the … business from the same borrower. The new loans from this securitization-funded relationship lender, when compared to loans from …

SFAS 166 and 167 require banks to consolidate certain off‒balance sheet securitization entities. I investigate how this … consolidation spills over to banks' supply of small business loans, which are rarely securitized in the United States. This … spillover operates through two channels. (1) In the leverage channel, consolidating banks downsize their entire loan portfolios …

banks' dependence on individual bank managers as private information in the lending process declines. In this paper we argue … bank managers and shareholders becomes less severe. Consequently, banks' capital structure needs to be less concerned with … marketability of bank assets allows banks to adopt a safer capital structure, the default risk of banks does not necessarily decline …

Banks are usually better informed on the loans they originate than other financial intermediaries. As a result … securitization activity on loans' relative credit quality employing a uniquely detailed dataset from the euro-denominated syndicated … loan market. We find that, at issuance, banks do not seem to select and securitize loans of lower credit quality. Following …

intervals. The model in this paper is in interest of any bank and in particular of banks with a higher fraction of NPLs in their …The purpose of this paper is to derive a model for calculation of maturities and volumes of repayments that a bank may …. Accuracy of derived model depends upon available data in banks about NPLs by corporate sectors and recovery rates by time …

Italian individual bank data from 2000 to 2006. Our results show that bank loan securitization is a composite decision. Banks …This paper investigates the ex-ante determinants of bank loan securitization by using different econometric methods on … securitization, for a larger amount and earlier …