, the increase in average banking system losses is substantial. Both the average bank and the worst performing group of …

Bank compensation in distress is often regarded as special due to the prevalence of high bonus payments. I study … cutting fixed or variable compensation. The convergence of bank behavior with that of non-financial firms might be due to post …

mix, pricing decisions, management buffers, and profit distribution along with individual bank conditions, including their …

of bank failure is sufficiently large, the surplus as well. Our results in overall highlight the need to take into …

the effect of competition on realized bank risk (i.e. more intense competition and greater use of securitization is …

the effect of competition on realised bank risk (i.e. more intense competition and greater use of securitisation is …

. By revaluating the fair valued balance sheets on a daily basis, we calculate bank capital maximum drawdowns for different …

How much capital and liquidity does a bank need – to support its risk taking activities? During the recent (and still … credible, and thus broad-based supervisory stress testing became the new tool. Bank balance sheets are notoriously opaque and … regained. With that trust re-established, the cost-benefit of stress testing disclosures may tip away from bank …

to rescue banks in the event of concurrent bank failures. Our analysis reveals a novel coordination role of stress tests …. Disclosure of stress-test results informs banks of the failure likelihood of other banks, which can reduce welfare by …