both bank and country-level data. As outright bank failures have been rare in Europe, the paper introduces a novel dataset … are that complementing bank specific vulnerabilities with indicators for macro-financial imbalances and banking sector … vulnerabilities improves model performance and yields useful out-of-sample predictions of bank distress during the current financial …

, an insight into how the ownership structure of a bank affects investment decisions, performance and ultimately insolvency … risk - the focus of this paper - is crucial. Our results show revenue diversification reduces insolvency risk in banks with … the impact of the latter on insolvency risk in banks. The results also have important policy implications for regulators …

Banks fulfill special functions in an economy. The primary objective of a bank insolvency regime must be to preserve … these essential functions. This objective should guide the design of the legal framework for bank insolvency. The banking … supervisory authority or a designated resolution authority have a key role in the bank insolvency procedure. Their statutory …