assets increased during the 1990s, credit to the private sector remained relatively low. Foreign-owned banks have become … general vary considerably among the transition economies. Foreign-owned banks have, in general, higher profitability levels … than domestic banks. Furthermore, it appears that foreign and domestic bank performance tend to converge. …

equilibrium when banks have monopoly power, justifying a Pigouvian tax in this case. …

The aim of this paper is to investigate the long run relationship between the development of banks and stock markets … as evidence supporting the significance of financial development for economic development although banks and stock …

differences in financial factors, which may reflect differences in country risk and the legal and regulatory framework that banks …

The current financial crisis has sparked intense debate about how weak banks should be resolved. Despite international …

This paper investigates the benefits of banks’ direct investment in foreign subsidiaries and branches for non …-financial multinationals. The paper builds on the literature on international banks which has primarily focused on the implications for host … the volume of FDI by home market banks boosts FDI by non-financial firms from the same home market. Domestic and third …

We document that trust in public institutions—and particularly trust in banks, business and government—has declined …

Parliament) and aristocratic titles (e.g., lords)--on the boards of directors of English and Welsh banks from 1879-1909 to … corroborates this finding, showing that a bank’s shares exhibited negative abnormal returns when their directors were elected to …

quality of governance) and the degree of market segmentation (depending on the level of ethnic fractionalization). The model … African panel data for 111 individual banks in 29 countries over 2000-2008 provides strong evidence for these predictions. Our …