Effects of securitization and covered bonds on bank stability

A Arif - Research in International Business and Finance, 2020 - Elsevier
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 …

Have We Adequately Accommodated the Non-linear Systemic-Risk of Bankruptcy-Remote Securitization within Shadow Banking?

EJ Phillips - International Journal of Political Economy, 2022 - Taylor & Francis
Securitization to attain bankruptcy remoteness separates the risks of the originator bank from
the income-producing asset by structuring the asset sale between the Special Purpose …

Bank liquidity management through the issuance of bonds in the aftermath of the global financial crisis

S Milcheva, H Falkenbach, H Markmann - Research in International …, 2019 - Elsevier
Next to deposits, European banks have historically largely used bank obligations such as
covered bonds. Their US counterparties, on the contrary, heavily rely on securitization to …

Deciphering Securitisation and Covered Bonds: Economic analysis and regulations

A Arif - 2017 - amsdottorato.unibo.it
Securitisation was heavily regulated after the global financial crisis because of the blames
placed on it. However, a favourable treatment was given to covered bonds-close …

Financial Intermediation: A Further Analysis

L Nijs, L Nijs - The Handbook of Global Shadow Banking, Volume I …, 2020 - Springer
Securitization is most likely the most visible part of the shadow banking industry. That is
mostly due to its alleged involvement of the 2007–2009 financial crisis. Born as a tool to …

[PDF][PDF] Three Essays on Market Frictions and Financial Intermediation

I Bialova - 2019 - serval.unil.ch
The thesis is composed of three papers on market frictions and financial intermediation. It
explores the impact that different forms of market frictions have on the choice of capital …

[PDF][PDF] Securitization, Covered Bonds and the Risk Taking Behavior of European Banks

L Bottazzi, A Arif, S Pastorello - 2022 - repec.cepr.org
This study investigates the impact of securitization and the issuance of covered bonds on the
credit risk taking behavior of banks. We collected data for seven major European economies …

Securitization, Covered Bonds and the Risk Taking Behavior of European Banks

A Arif, L Bottazzi, S Pastorello - European Corporate Governance …, 2022 - papers.ssrn.com
This study investigates the impact of securitization and the issuance of covered bonds on the
credit risk taking behavior of banks. We collected data for seven major European economies …