We exploit the 2007-2009 financial crisis to analyze how risk relates to bank business
models. Institutions with higher risk exposure had less capital, larger size, greater reliance …

We systematically review the recent empirical literature to investigate whether and how
securitization influences bank behaviour and its implication on financial stability. We find …

This research examines the effects of securitization on the bank's risk exposure both in terms
of individual expected shortfall and marginal expected shortfall as a measure of systemic …

We find that certain bank characteristics—aggressive credit growth, less reliance on deposit
funding, and size—prior to the 2007− 2009 crisis are consistently related to the systemic …

In our paper, we analyze heterogeneity among the various business models that incorporate
systemically important banks in 65 countries over the period of 2000–2012. For the first time …

Extensive regulatory changes and technological advances have transformed banking
systems to a great extent. Banks have reacted to the challenges posed by the new operating …

I investigate the impact of securitization on the risk-taking by bank holding companies
(BHCs). For 2001 to 2017, I find a negative relationship between securitization and the risk …

The paper assesses the business default risk on a cross-national sample of 3000
companies applying for credit to an international bank operating in Romania. The structure …

This paper empirically investigates the relationship of securitization and covered bonds with
bank stability and highlights that this relationship varies with the level of a bank's …

This paper develops a simple method for quantifying banks' exposures to large (negative)
shocks in a forward-looking manner. The method is based on estimating banks' share prices …