acquiring banks value profitable, high-growth and low risk targets. We also find that the strength of bank regulation and … regimes and stronger deposit insurance schemes lower the takeover premiums paid by acquiring banks. This result, presumably in …

of both acquirers and targets. We find that capitalization, profi tability and liquidity show signs of statistically and … home country prudential supervisors and deposit insurance funding systems were stricter than the target‘s. For target banks … insurance funding regimes tend to result in positive post-merger changes in liquidity and performance …

reduce loan granting, especially to firms or from banks with lower capital or liquidity ratios. Moreover, responding to … applications for the same loan, weak banks are less likely to grant the loan. Our results suggest that firms cannot offset the … resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …

While banks may change their credit supply due to bank balance-sheet shocks (the local lending channel), firms can … identify the aggregate (firm-level) effects of the lending channel and estimate the impact of banks’ ability to securitize …

use such observed heterogeneity to gather empirical evidence on the effects on European banks of more or less stringency … their effect on banks' risk, capital, efficiency and cost. We show that more stringency and more risk sensitivity in …

on default rates at state level in the US mortgage market. Using panel data techniques, we find a statistically … regulation on 60- day delinquencies and foreclosure starts, with a focus on three protective elements commonly found in state …

with a Value at Risk constraint. I also obtain closed form expressions for the interest rates that banks should set in …

basically reflects that the four state-owned commercial banks -China’s largest banks- have been the main drag for system …’s profitability. We find the same negative influence for China’s development banks (so called Policy Banks), which are fully state …This paper analyzes empirically what explains the low profitability of Chinese banks for the period 1997-2004. We find …