In this paper we empirically analyze the determinants of bank default risk (measured by the banks' CDS spreads) for … European banks during the period 2008-2018. We examine the effect of (1) bank business model characteristics, (2) sovereign … document that accommodative ECB actions in general lower bank default risk. We also show that the downward effect of monetary …

risk both in the short and the long run. We furthermore decompose the systemic risk measure in an individual bank risk … risk of an individual bank while macroprudential policy targets systemic risk by addressing the interlinkages and common …

equity ratio, loan quality and bank size are the main determinants of bank bailout involvement. However, the aided banks … sufficient to restore bank health …

Using bank CDS spreads, we examine three types of determinants of Euro Area bank default risk in the period 2008 …-2019: bank characteristics related to new regulation, the bank-sovereign nexus and the monetary policy stance. We find that Basel … significantly to lower CDS spreads. We confirm the persistence of the bank-sovereign interconnectedness and find that sovereign …