deposit customers. In the past, bank regulation has often been blamed for undermining competition and the functioning of … derived from imperfect competition in markets for financial services is implied, which banks exercise vis-à-vis their loan and … tries to shed some light on the historical development and current state of bank regulation in Germany. In so doing, it …

We examine the impact of so-called Crisis Contracts on bank managers' risktaking incentives and on the probability of … occurs and that leads to a form of collective liability for bank managers. We develop a game-theoretic model of a banking … remuneration of bank managers. We establish conditions under which the introduction of Crisis Contracts will reduce the probability …

previous research on the role of central banks as lenders of last resort in crises and on the real effects of bank lending and …

We model the impact of bank mergers on loan competition, reserve holdings and aggregate liquidity. A merger changes the … them because of a diversification effect. The merger also affects loan market competition, which in turn modifies the … distribution of bank sizes and aggregate liquidity needs. Mergers among large banks tend to increase aggregate liquidity needs and …

Modern bank management comprises both classical lending business and transfer of asset risk to capital markets through …

competition control of mergers and acquisitions, analyze their impact on banks and non-financial firms and explain the different … 1987 to 2004, we find that more competition-oriented merger control increases the stock prices of banks and decreases the … stock prices of non-financial firms. Bank targets become more profitable and larger, while those of non-financial firms …