speeches and academic sessions highlighted current developments and necessary improvements in areas such as fintech, regulation …

from 1999 to 2014. We estimate cost functions with and without proxies for regulation and analyze the results with respect … lately since 2012. Most interesting, however, is the asymmetry of regulation: Whereas the cost effects were symmetric for all … increasing regulation on operating costs. In contrast, smaller banks, especially if they are cooperative banks, were facing …

interaction between capital adequacy regulation and credit risk transfer with credit default swaps (CDS) including its effect on … at a certain (potentially distorted) price. Regulation is found to induce the risk-neutral bank to behave in a more risk …-sensitive way: Compared to a situation without regulation the optimal volume of loans decreases more as the riskiness of loans …