By using securitization, a bank is able to lower its cost of funding, improve risk management and increase … profitability.The key to the realization of the potential benefits of securitization lies in the quality of the underlying … during the recent financial crisis, securitization might have adverse implications for bank performance. Based on a sample of …

venture capital market. However, in Europe, private equity investments in enterprises' early and expansion stages as well as …

US bank valuations are mainly driven by higher profitability and better cost efficiency. Our results for European banks … is mainly driven by non-performing loans and by the negative impact of policy rates on bank interest margins. The higher … stress the importance of timely NPL resolution and imply that low-for-long monetary policy may harm bank health …

bank CEOs. For a panel of US and European banks, we employ the Merton distance to default model to estimate how bonus … payments and option holdings impact the level of bank default risk targeted by CEOs. We find that CEO cash bonuses reduce …