This paper studies the effects of the bank capital requirements imposed by the European authorities in October 2011 on … granted by a representative Spanish bank and several subsidiaries to nonfinancial corporations around that date. We document …

We analyze the impact of quantitative easing by the Federal Reserve, European Central Bank and Bank of England on cross … and UK, respectively. In general QE works at short maturities across bank locations and loan currencies, more strongly for …

Comparing banks to non-bank lenders, we investigate whether the geographical distance between lenders, borrowers and … period. The difference in loan spread when bank-borrower distance increases from zero to the median of about 900 miles is 17 …, geographical distance does not seem to have any effect on the loan spread of mortgages granted by non-bank lenders. Moreover, loans …

We integrate bank and bond financing into a two-sector neoclassical growth model to examine the stabilization effect of … endogenous bank leverage adjustment. We show that although bank leverage amplifies shocks, the increase of leverage to a decline … in bank equity is an automatic stabilizer in downturns, since it partially offsets the decline of bank lending to …

bank- rm level credit data, we show that banks reallocate credit within their domestic loan portfolio in at least three …

We study a unique experiment to examine the importance of rating agencies' private information for bank shareholders …. On July 20, 2011, Fitch Ratings refined their bank standalone ratings, which measure intrinsic financial strength, from a … standalone rating refinement was cleanly limited to bank shareholders. We find evidence suggesting that the refinement resulted …

correlation of incentive pay with both the level and volatility of bank trading income -particularly for the pre-crisis period … markets divisions with the strength of incentive pay in unrelated bank divisions like retail banking. Moreover, pre …

bank's financing structure. In our model the bank's assets consist of illiquid loans and liquid reserves and are financed … to an exogenous rollover risk. We show that the use of repos inflicts two types of indirect (“shadow”) costs on the bank …'s shareholders: first, it induces the bank to maintain higher liquid reserves in order to alleviate the additional default risk …

regulatory requirements. Our analytic characterization of the bank policy choices shows that imposing solely liquidity … requirements leads to lower bank losses in default at the cost of an increased likelihood of default. Combining liquidity … requirements with leverage requirements reduces drastically both the likelihood of default and the magnitude of bank losses in …

across countries, which could explain the plurality in conclusions in the Islamic/conventional bank efficiency debate. We … find that the alignment between the two bank types is positively related to the country's financial depth, transparency …, economic stability and banking concentration. At the bank level, the alignment in the two banking systems is associated with …