Template-Type: ReDIF-Article 1.0
Author-Name: Tirupam Goel
Author-Name: Ulf Lewrick
Author-Name: Aakriti Mathur
Title: Playing it safe: global systemically important banks after the crisis
Abstract: Post-crisis reforms aim to mitigate the systemic risks that arise from global systemically important banks (G-SIBs). Based on our estimates of G- SIBs' probability of distress, we find that their resilience has improved in recent years on the back of higher capital ratios. Furthermore, by benchmarking G-SIBs' balance sheet adjustments against those of other major banks, we show that these adjustments accord with the incentives set by the post-crisis regulatory framework. This suggests that the systemic importance of G-SIBs has declined in recent years.
Journal: BIS Quarterly Review
File-URL: http://www.bis.org/publ/qtrpdf/r_qt1909e.pdf
File-Format: Application/pdf
File-URL: http://www.bis.org/publ/qtrpdf/r_qt1909e.htm
File-Format: text/html
Year: 2019
Month: September
Classification-JEL: G21, G28, C25
Handle: RePEc:bis:bisqtr:1909e