that are driven by out of equilibrium behavior, such as clustered volatility and fat tails. We argue that traditional … banks …

State guarantees are supposed to have positive influence on banks' ratings as they provide an additional safety net to … guarantees perceptibly affect market prices of securities issued by banks. Our results indicate that banks receive governmental … bailout expectations increase the risk appetite of banks enjoying this governmental support, as protected actors feel less …

Prior to 2018, accounting rules required banks that recognize financial liabilities at fair value to record unrealized … gains and losses on the liabilities attributable to changes in the banks' own credit risk, referred to as the debt valuation … adjustment (DVA), in earnings each period. Using a comprehensive sample of publicly traded European banks during 2007–2015, we …

13 large banks accounting for 75% of total UK lending. We document a substantial change in the coefficient of the Tier 1 …

Hypothesis, under which stress-tested banks reduce credit supply – particularly to relatively risky borrowers – to decrease their … credit risk. The findings do not support the Moral Hazard Hypothesis, in which these banks expand credit supply … banks, banks that passed the stress tests, and the earlier stress tests …

representative banks as if the selected banks had implemented Basel IV CAR for the period 2000 and 2018 and used actual data for … banks transitioned from lower to higher Basel CAR. Lastly, this study shows that complying with Basel IV CAR will help … African banks to achieve financial deepening and increase bank lending ability. …

receding in 2012. Contrary to common perceptions, this did not primarily reflect funds' credit exposure to eurozone banks … credit outlook of banks in the Asia/Pacific region. We conclude that the increase in the credit risk of prime MMFs in the …