banks. The financing rule is also explained by the structure of the financial systems. Public funding is more likely in bank … oriented structures. Finally, the geographical factor is also significant: European bank supervisors are more oriented towards …

While banks may change their credit supply due to bank balance-sheet shocks (the local lending channel), firms can … dynamics nullify the strong local (bank-level) lending channel of securitization on credit quantity for firms with multiple … expansion on the extensive margin towards first-time bank clients, which are more likely to default. Finally, the 2008 …

deposits and for more X-efficient banks. In addition, a less concentrated banking system increases bank profitability, which … the influence of government intervention in explaining bank performance in China. These findings should not come as a …

This paper studies the impact of European bank mergers and acquisitions on changes in key safety and soundness measures …

We analyze the takeover premiums paid for a sample of European bank mergers between 1997 and 2007. We find that … acquiring banks value profitable, high-growth and low risk targets. We also find that the strength of bank regulation and … supervision as well as deposit insurance regimes in Europe have measurable effects on takeover pricing. Stricter bank regulatory …

resultant credit restriction by turning to other banks. Importantly the bank-lending channel is notably stronger when we account …