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 … regimes are studied from the perspective of bank creditors and bank shareholders. In order to apply econometric methods, the …

network effects on the liquidity, growth, and efficiency of the exchanges; the transaction cost of trades; and the cost of …, growth and efficiency in the sample markets. Moreover, a network strategy helps to reduce transaction costs of trades as well …

market shares and higher efficiency rankings for small, private, domestically owned banks are associated with better economic … found for hypothesized transmission mechanisms through improved financing for SMEs or greater overall bank credit flows. The …

The 5th joint SUERF/Bank of Finland joint conference was held in Helsinki on 13 June 2013. The general theme of the …

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 …

quality, cost efficiency, and sensitivity to market risk, contain incremental information for bank CDS prices. Moreover …Using a sample of 161 global banks in 23 countries, we examine the applicability of structural models and bank … fundamentals to price global bank credit risk. First, we find that variables predicted by structural models (leverage, volatility …

. University education enhances efficiency if the manager is running a large bank. Managing director changes are systematically …This paper presents evidence on the impact of managers on cost efficiency in banking. Stochastic frontier analysis is … followed by efficiency changes. Manager retirement typically causes an efficiency improvement, whereas other manager changes …