-dealers when they are more profitable. These results allow for a better understanding of banks' credit risk management …

. The credit-enhancement channel predicts a positive relation between banks' CDS selling and loan sales. Using syndicated … substitute channel, and the credit-enhancement channel plays an important role in bank loan sales …

-dealers when they are more profitable. These results allow for a better understanding of banks' credit risk management. …

We investigate how the introduction of market-based pricing, the practice of tying loan interest rates to credit …

We analyze how Credit Default Swaps (CDS) affect bank incentives and borrower outcomes in renegotiations after covenant …

Does the cost of credit insurance affect the availability of credit? To answer this question, we couple comprehensive … bank-firm level CDS trading data from DTCC to the German credit register containing bilateral bank-firm credit exposures … of this decrease in insurance cost – these banks extend more credit to CDS traded and affected firms, and also hedge more …

Can banks trade credit default swaps (CDSs) referenced on their current corporate clients at competitive prices, or are …

We investigate how the introduction of market-based pricing, the practice of tying loan interest rates to credit …