Similar Search Results

Are bank holding companies a source of strength to their banking subsidiaries?

Ashcraft, Adam B. (contributor) - 2004 - [Elektronische Ressource]

I present evidence that the cross-guarantee authority granted to the FDIC by the Financial Institutions Reform, Recovery, and Enforcement Act of 1989 has unexpectedly strengthened the Federal Reserve's source-of-strength doctrine. In particular, I find that a bank affiliated with a multi-bank...

Persistent link: https://www.econbiz.de/10002128532

The role of bank advisors in mergers and acquisitions

Allen, Linda (contributor) - 2002 - [Elektronische Ressource]

"This paper looks at the role of both commercial and investment banks in providing merger advisory services. In this area, unlike some areas of investment banking, commercial banks have always been allowed to compete directly with investment banks. In their dual role as lenders and advisors to...

Persistent link: https://www.econbiz.de/10001656388

Are bank shareholders enemies of regulators or a potential source of market discipline?

Park, Sangkyun (contributor); … - 2001 - [Elektronische Ressource]

In moral hazard models, bank shareholders have incentives to transfer wealth from the deposit insurer - that is, maximize put option value - by pursuing riskier strategies. For safe banks with large charter value, however, the risk-taking incentive is outweighed by the possibility of losing...

Persistent link: https://www.econbiz.de/10001630859

Stock market reaction to financial statement certification by bank holding company CEOs

Hirtle, Beverly J. (contributor) - 2003 - [Elektronische Ressource]

In 2002, the Securities and Exchange Commission mandated that the chief executive officers of large, publicly traded firms certify the accuracy of their company financial statements. In this paper, I investigate whether CEO certification has had a measurable effect on the stock market valuation...

Persistent link: https://www.econbiz.de/10001783071

How do stock repurchases affect bank holding company performance?

Hirtle, Beverly J. (contributor) - 2001 - [Elektronische Ressource], draft March 2001

financial performance for a large sample of bank holding companies over the years 1987 to 1998. The primary result is that … traded on major exchanges. The finding that higher repurchases are followed by better financial performance is consistent … evidence suggesting that the repurchase-performance link may be driven by different factors for different types of bank holding …

Persistent link: https://www.econbiz.de/10001589572

Banking across Borders

Niepmann, Friederike - de Nederlandsche Bank - 2011

This paper develops and tests a theoretical model that allows for the endogenous decision of banks to engage in international and global banking. International banking, where banks raise capital in the home market and lend it abroad, is driven by differences in factor endowments across...

Persistent link: https://www.econbiz.de/10009644843

Impact of Foreign Banks

Claessens, Stijn; Horen, Neeltje van - de Nederlandsche Bank - 2013

This paper provides a critical assessment of the costs and benefits of foreign bank ownership. It reviews the extensive literature on the impact of foreign banks and uses a unique database on bank ownership, covering 129 countries, to (re-)examine a number of the issues discussed. It documents...

Persistent link: https://www.econbiz.de/10010607614

Preferential regulatory treatment and banks' demand for government bonds

Bonner, Clemens - de Nederlandsche Bank - 2014

Government bonds receive preferential treatment in financial regulation. The purpose of this paper is to analyze the impact of this preferential treatment on banks' demand for government bonds. Using unique transaction-level data, our analysis suggests that preferential treatment in liquidity...

Persistent link: https://www.econbiz.de/10010812608

Liquidity risk and U.S. bank lending at home and abroad

Goldberg, Linda S.; Correa, Ricardo; Rice, Tara - Federal Reserve Bank of New York - 2014

global banks (those with foreign affiliates) are associated with ex ante liquidity management strategies as reflected in …

Persistent link: https://www.econbiz.de/10010784189

International banking and liquidity risk transmission: lessons from across countries

Buch, Claudia M.; Goldberg, Linda S. - Federal Reserve Bank of New York - 2014

management across global banks can be important for liquidity risk transmission into lending. Fourth, there is substantial …

Persistent link: https://www.econbiz.de/10010784190