This essay discusses the corporate governance of banks. Bank managers must balance competing demands from shareholders … and regulators, which distinguishes banks from most other firms. The essay is structured into three parts. The theoretical …

1) Are Italian mutual banks efficient? Evidence from two different cost frontier techniques, by Juan Sergio Lopez …, Alessandra Appenini, and Stefania P.S. Rossi. The aim of the first paper is to analyze the efficiency of co-operative banks in … small financial institutions that used to operate in a more protected environment. Based on a panel of about 450 banks …

quarterly data set of FDIC-insured US banks from 1992 to 2012. We contrast the effects of risk-weighted and non … find that the influence of the characteristics in the two methods differs only slightly. Also the characteristics of banks … distress-prone bank identified fragile banks effectively during the global crisis without new information and are likely to …

Banks play a central role in the functioning of the economy. Not only do they allocate financial resources, they also … sufficiently stable and customer-focused. Since then, banks and regulators alike have been busy reviewing bank business models, and …

practices in most countries emphasize reliance on financial statement data for assessing banks’ risk. However, the possibility … value (in this case, a bank’s ‘true’ risk) is unknown, must yield limited conclusions as to the appropriateness of either … institutional setting. Empirical results for a large panel of banks worldwide suggest that market-based indicators are often more …

report: Public Financial Institutions in Europe, European Association of Public Banks, Brussels, March 2011. …