Derivatives holdings and bank systemic risk: Cross-country evidence

In this paper, we analyse data from 493 listed banks across 28 countries to investigate the impact and mechanisms through which banks' derivatives holdings influence systemic risk. Our empirical results indicate that banks' derivatives holdings significantly increase systemic risk. Regardi...

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Bibliographic Details
Main Authors: Yu Wang, Gaoya Song, Yiming Lu
Format: Article
Language:English
Published: Elsevier 2025-07-01
Series:Borsa Istanbul Review
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Online Access:http://www.sciencedirect.com/science/article/pii/S2214845025000511
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