This paper studies liability management exercises (LME) by banks, which have comparable
regulatory capital effects than contingent capital triggers. LMEs are concentrated on low …

European banks hold 10% of their total assets in portfolios that give rise to unrealised gains
and losses which, under Basel III, may no longer be removed from banks' regulatory capital …

This paper examines the association between discretionary capital buffers, capital
requirements, and risk for the 99 largest European banks from 2013 to 2020. Discretionary …

An increasing number of firms repurchase debt and recognize associated accounting losses
(rather than gains). However, few studies to date have examined the effect of reporting …

This paper examines the association between discretionary capital buffers, capital
requirements, and risk for European banks. The discretionary buffers are banks' own buffers …

Abstract Additional Tier 1 (AT1) notes are perpetual, callable notes issued by banks to help
meet their capital requirements. Banks almost always choose to call the notes at the first call …

The Reserve Bank proposes to increase the amount of capital required to be held by New
Zealand banks. Higher capital ratios are intended to make banks more resilient, and thereby …