systemic risk measure from the concepts of MES and CoVaR analysing tail co-movements of daily bank stock returns. We then run … panel regressions for our systemic risk measure using idiosyncratic bank characteristics and a set of country and policy …

Bank holding companies (BHCs) can be complex organizations, conducting multiple lines of business through many distinct … legal entities and across a range of geographies. While such complexity raises the costs of bank resolution when …, liquidity management, and synergy improvements that reduce risk. The outcomes of such trade-offs may depend on bank governance …

provided early warning signals in the case study of Deutsche Bank in mid-2016. Using our measure, we demonstrate which bank …- and country-specific characteristics are related to bank systemic importance. We find higher systemic importance for banks … systemic importance of a bank …