This paper studies how the elimination of the corporate tax bias on bank leverage affects banks' credit provisioning using the introduction of an allowance for corporate equity (ACE) in Belgium. We find that affected banks increased their contribution within cross-border syndicated loan...

An increase in collateral availability can reduce the need for bank auditing. We test this hypothesis using reforms which expanded the set of pledgeable assets in secured lending, and find heterogeneous effects in the cross-section of banks. Smaller (relationship) banks are safer and earn a...

During times of high economic policy uncertainty, domestic banks increase cross- border syndicated lending. We control for credit demand by including time-varying borrower country fixed effects in our regressions. The credit migration effects are strongest for banks with diverse income, and when...

An increase in borrowers’ collateral availability can reduce the need for soft information acquisition by banks. I test this hypothesis using reforms which expanded the set of pledgeable assets in secured lending and find heterogeneous effects in the cross-section of banks. Relationship...