College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …

Do media slant news in favor of the banks they borrow from? We study how lending connections affect news coverage of … banks earnings reports and of the Eurozone sovereign debt crisis on major newspapers from several European countries. We … find that newspapers cover announcements by their lenders - relative to those of other banks - significantly more when they …

provisions tend to be more procyclical at larger and better capitalized banks. The procyclicality of loan loss provisions can …

efficiency scores for a sample of Chinese banks over the period 2002–2011. Granger-causality tests are performed in a dynamic GMM … competition negatively Granger-causes cost efficiency for Western banks, we find no significant relation between competition and …

the banking sector consists of a mix of state-controlled banks, foreign-owned banks, and domestic private banks. To … Russian banks covering the period from the beginning of 2007 to the end of 2009. Our findings suggest that bank ownership …. Relative to domestic private banks foreign-owned banks reduced their credit supply more and state-controlled banks less. This …

. Following Berger, Klapper and Udell (2001), we test whether local banks possess a superior ability to deal with information … studies, we distinguish foreign banks with a local presence from those without such presence. The intuition here is that a … influence of the presence of domestic-owned banks or foreign-owned banks on the spread. Additional estimations considering …

State-owned banks tend to increase lending before elections for the purpose of boosting the re-election odds of … incumbent politicians. We employ monthly data on individual banks to study whether Russian banks increased their lending before … both state-owned and private banks increased their lending before presidential elections. This result stands for all loans …