Moenninghoff, Sebastian C.; Ongena, Steven; Wieandt, Axel - 2014
This paper provides evidence on how the new international regulation on Global Systemically Important Banks (G …-SIBs) impacts the market value of large banks. We analyze the stock price reactions for the 300 largest banks from 52 countries … value of the newly regulated banks, yet that the official designation of banks as “globally systemically important” itself …