are more likely to enter foreign markets by means of foreign direct investment. We combine detailed proprietary bank …-level data on the international activities of all German banks with publicly available bank micro data from possible destination …

non-traded consumer goods in an uncertain productive environment, borrowing funds from a bank in either the home or the … risk of bank failure is partly borne by taxpayers in the banks' home countries. Moreover, each bank chooses the allocation … of its lending between domestic and foreign firms, while the bank's overall loan volume is fixed by a capital requirement …

banks with foreign affiliates for the years 2002-2011, we study bank internationalization before and during the crisis. Our …

We investigate how the lending activities of a multinational bank’s affiliates located abroad are affected by funding … a disadvantage in the crisis, as inter-bank and capital markets froze. Besides, the more an affiliate abroad takes … recourse to intra-bank funding in the crisis, the more it becomes dependent on a stable deposit and long-term wholesale funding …