merger. Thus, we find that acquirers tend to choose their own banks (those with prior lending relationships to the acquirer …. Moreover, the advising bank's recommendations may be distorted by considerations related to credit exposure incurred in both … past and future lending activity. The market prices these conflicts of interest; we find significantly negative abnormal …

greater opaqueness - BHC asset size, liquid asset holdings, and the extent of "risky" and information-intensive lending … were positive, though not statistically significant, on the first two certified, lending weak support to idea that early by …

, distinguishing between international interbank lending, intrabank lending, and cross-border lending to foreign firms. The model shows … that international interbank lending increases and lending to foreign nonbanking firms declines when banks’ barriers to … domestic credit overall less resilient to financial distress. …

assets and lending allocations fall to 22 percent. Banks with low risk tolerance or less access to liquidity are particularly …