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 …

saliency of their professional identity and subsequently measure their risk aversion in a real stakes investment task. If bank … professional norms generally increase bank employees' willingness to take risks. …

This paper models the strategic interaction between a rating agency, a bank and a bank regulator who lacks information … about bank asset risk. The regulator can either (1) make bank capital requirements contingent on credit ratings; or (2) set … constrain high risk bank investment without simultaneously reducing overall investment volume. However, if collusion between the …

bank customer data from German savings banks, study whether the customers of East German banks differ from their West …, individuals are willing to bear, seems to change only slowly as the portfolios of East and West German savings bank customers …

study the determinants of the decision to hold risky assets based on a novel dataset of German bank data. Our primary focus …