parent bank. We fi nd that the rise in counterparty risk substantially decreased the probability of obtaining funds from …

This paper addresses the trade-off between additional loss-absorbing capacity and potentially higher bank risk …

/substitution effects of both bank- and portfolio-level variables with the characteristics of the banking sector when explaining credit risk …The purpose of this paper is to investigate the main drivers of the change in the credit risk provisions at a portfolio …- and portfolio-level aspects, we verify whether the published results show some kind of relation with these explanatory …

Markets Programme (SMP). Using detailed security holdings data at the bank level, we show that banks exposed to this … that increased SMP security holdings during the lifetime of the program and that hold the largest relative SMP portfolio …

greater insider ownership leads to less equity issuances. Several tests are consistent with the view that bank insiders are … between bank equity and lending, the results stress that ownership structure can shape the resilience of banks—and hence the …