have mitigated the effects of the crisis on US lending. …The global financial crisis of 2008 was followed by a wave of regulatory reforms that affected large banks, especially … those with a global presence. These reforms were reactive to the crisis. In this paper we propose a structural model of …

in financial integration since the recent crisis increases countries' vulnerability to local shocks. …

countries experiencing systemic banking crises on profitability, credit, and the performance of borrower firms. Crisis exposures …-border crisis transmission, but also highlight the resilience of financial networks to idiosyncratic shocks …

Stylized data shows a structural break in the integration of lending markets which coincides with the global financial … crisis. During and after the crisis, banks actively reduced their share of foreign relative to domestic banking activity and … lending in particular. This increase in lending "home bias", which is thought to have been driven by a reduction of overall …