This research explores the effects of securitization on banks equity risk exposure. A widespread opinion before the … crisis of 2007–2008 was that securitization enhances financial stability. We provide empirical evidence of the impact of … securitization on the market's perception of the originating banks’ risk exposure before and after the crisis, in terms of systematic …

, securitization and bank risk-taking in a context of the rapid growth in off-balance-sheet activities. The data come from the Canadian … financial sector. Evidence from the 1988-1998 period indicates that: (a) securitization has a negative statistical link with … securitization and bank risk-taking. Profit-risk measure is more sensitive than loss-risk measure to the variation in securitization …

This paper investigates the relationship between securitization activity and the extension of subprime credit. The … the years 2003 and 2005. Second, the securitization of subprime loans increased substantially over the same time period … securitization activity of investment banks was driven by forces exogenous to factors impacting lending decisions in the primary …

We study optimal securitization in the presence of an initial moral hazard. A financial intermediary creates and then … punishment for defaults, under which investors stop paying the intermediary after the first default. With securitization … contracts optimally designed, we find securitization improves the intermediary's screening incentives. Furthermore, the …

by looking at the specific dynamics of financial innovation through securitization of illiquid assets. Particularly, a …

assess the management of the 2007--2009 banking crisis within the EU against this backdrop. In a nutshell, we find that …

assess the management of the 2007--2009 banking crisis within the EU against this backdrop. In a nutshell, we find that …

In the current economic situation, the issue of the bank risk management is becoming more present, and the notion of … analyzing the creditworthiness of customers both lending decision and determining banking and financial performance, focusing on … the relationship risk-banking performance. This relationship is relavant for a trader whose specific activity involves a …

The complex and delicate character of the problem of banking performance, in the context of harsh competition and the … order must be based on new models of banking management. The macroeconomic risk factors may have a significant impact on the … performance of a banking institution, with direct implications on the quality of the credit portfolio, on profitability and its …