Delgado, Javier; Hernando, Ignacio; Nieto, María J. - In: European Financial Management 13 (2007) 4, pp. 643-671
"Empirical evidence shows that Internet banks worldwide have underperformed newly chartered traditional banks mainly because of their higher overhead costs. European banks have not been an exception in this regard. This paper analyses, for the first time in Europe, whether this is a temporary...