We analyze the stability of efficiency rankings of German universal banks between 1993 and 2004. First, we estimate …

German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous … CE levels above the average of non-merging banks. Second, banks must exhibit CE changes between merger and evaluation … year above efficiency changes of non-merging banks. We employ this taxonomy to characterise (successful) mergers in terms …

distinguish four different distress events that banks experience. Only the worst entails a bank to exit the market. Weaker orders …Outright bank failures without prior indication of financial instability are very rare. Supervisory authorities monitor … banks constantly. Thus, they usually obtain early warning signals that precede ultimate failure and, in fact, banks can be …

College) gave the SUERF 2015 Annual Lecture on Capital and Banks. The conference focused on core aspects of banking reform …

in general, better capitalized and less leveraged banks have outperformed their peers, a finding that supports … policymakers' efforts to strengthen bank capitalization. …

The inability of most bank merger studies to control for hidden bailouts may lead to biased results. In this study, we … employ a unique data set of approximately 1,000 mergers to analyze the determinants of bank mergers. We use data on the … regulatory intervention history to distinguish between distressed and non-distressed mergers. We find that, among merging banks …

financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …

financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …

total of ten different structuring styles. These include bi-partite structures between a bank and a counterparty, tri …