bank is, the higher are the abnormal returns, both in 'crisis countries' and 'non-crisis countries'. Moreover, abnormal … contrast, abnormal returns are not robustly related to bank risk. These findings reveal market expectations consistent with the …

. Since the establishment of the Banking Union in 2014, the European Central Bank (ECB) can impose stricter regulations than … bank's contribution to systemic risk (SRISK) at the national and the euro-area level. Our research delivers three main …, an exploration of the drivers of systemic risk shows that a bank’s contribution to systemic risk is positively related to …

that differences in bank funding costs help explain the varying appetite of banks for relatively high-yielding (and hence …

the proprietary bank-to-bank European interbank dataset extracted from Target2 and also exploit the Lehman and sovereign …

domestic government debt in the euro area,thus strengthening or weakening the sovereign-bank nexus. To do so, we construct … sovereign bondsin the periphery countries and so deepens the sovereign-bank nexus. By contrast,banks in the core countries …

sovereign debt exposures and the implications of sovereign exposures for bank risk. Our main findings are as follows. First … impact of sovereign bond holdings on bank risk. This result could indicate the widespread absence of marking-to-market for …

level of bank capital is. We use empirical evidence on UK banks to assess costs; we use data from shocks to incomes from a …