Showing 1 - 10 of 62
Persistent link: https://www.econbiz.de/10011790739
Tracing the SEC ban on the short selling of financial stocks in September 2008, this paper investigates whether such selling activity before the 2008 short ban reflected financial companies’ risk exposures in the subprime crisis. The evidence suggests that short sellers sold short stocks that...
Persistent link: https://www.econbiz.de/10011188494
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Building on the work of Sorge and Virolainen (2006), we revisit the data on aggregate Finnish bank loan losses from the …
Persistent link: https://www.econbiz.de/10008509434
This paper examines what institutional and bank-specific factors determine bank stock price synchronicity. Using data … on 37 countries from 1996–2007, we find that bank stocks are more aligned with the whole market (1) during the financial … insurance; and (4) in countries that have lower bank-level disclosure. The results hold for both emerging and developed economy …
Persistent link: https://www.econbiz.de/10010945107
in bank growth? The study shows that in those financial centres where the probability of bailout is higher, refinancing …This paper evaluates bank exit regimes in selected financial centres using econometric methods. The focus is on bank … exit regimes applicable to commercial banks in New York, London, Frankfurt, Helsinki and Tokyo in 1998–2002. Bank exit …
Persistent link: https://www.econbiz.de/10005423720
The 5th joint SUERF/Bank of Finland joint conference was held in Helsinki on 13 June 2013. The general theme of the …
Persistent link: https://www.econbiz.de/10011711934
timetable that will end in the authorities stepping into the bank while it still has positive capital, if the earlier stages are …
Persistent link: https://www.econbiz.de/10004976733
Basel II framework requires banks to conduct stress tests on their potential future minimum capital requirements and consider ‘at least the effect of mild recession scenarios’. We propose a stress testing framework for minimum capital requirements in which banks’ corporate credit risks are...
Persistent link: https://www.econbiz.de/10005190782