resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …

, and the bank approval disparity is also larger in more racially biased counties. We conclude that insofar as automation by …

Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …

a multinational bank. First, we model a bank that delegates the management of its foreign unit to a local manager with … non-transferable skills. The bank differs from other international investors due to a liquidity threshold which induces a … both countries to the parent bank home country disturbance. Second, we look for the presence of lending contagion by panel …

We model the impact of bank mergers on loan competition, reserve holdings and aggregate liquidity. A merger changes the … distribution of bank sizes and aggregate liquidity needs. Mergers among large banks tend to increase aggregate liquidity needs and … thus the public provision of liquidity through monetary operations of the central bank. …

behavior and risk sensitivity of a risk-neutral bank. The bank is exposed to credit risk and may use credit default swaps (CDS …) for hedging purposes. Regulation is found to induce the risk-neutral bank to behave in a more risk-sensitive way: Compared …. Under the Substitution Approach in Basel II (and III) a risk-neutral bank will over-, fully or under-hedge its total …

banks to collect loans in a nonmonotonic way, a bank may be forced to exceed capital requirements. Moreover, high capital …