In this paper, we analyze whether regulation reduced risk during the credit crisis and the sovereign debt crisis for a cross section of global banks. In this regard, we examine distance to default (Laeven and Levine, 2008), systemic risk (Acharya et al., 2010), idiosyncratic risk, and systematic...

We investigate how a change in regulatory oversight affects bank risk. Using the passage of the Economic Growth, Regulatory Relief, and Consumer Protection Act of 2018 as a setting, and a sample of bank holding companies (BHCs) over the period 2015Q1 through 2020Q1, we find that risk increases...

In this paper, we investigate the impact of liquidity requirements on bank risk. We take advantage of the implementation of the Liquidity Balance Rule (LBR) in the Netherlands in 2003 and analyze its impact on bank default risk. The LBR was imposed on Dutch banks only and did not apply to other...