Showing 1 - 10 of 14
of network choices for bank liquidity risk. Banks' network profiles differed according to the range of services they …
Persistent link: https://www.econbiz.de/10013001443
in risk mainly reflected hidden choices either to lend to bank insiders on a preferential basis or to fund other banks … that were engaged in such risky and often fraudulent activities. Given bank regulators seem complicit in the risk …
Persistent link: https://www.econbiz.de/10014226111
actions by bank owners to change management, contract with depositors to extend liability maturity structure, write off bad … assets, and/or inject capital affected bank survival and deposit retention. This historical episode is particularly …
Persistent link: https://www.econbiz.de/10013334444
macroeconomic and bank regulatory reform. Bank regulatory policy promoted privatization, financial liberalization, and free entry …. Argentina's bank regulatory system now is widely regarded as one of the two or three most successful among emerging market …
Persistent link: https://www.econbiz.de/10012471046
Standard valuation methods do not lend themselves to bank holding companies. Banks create value through the types of … assets and liabilities they create (e.g., lending and deposit taking relationships). Bank income streams reflect … balance sheet and income statement to bank value. Our approach explains substantial cross-sectional variation in observed …
Persistent link: https://www.econbiz.de/10012465738
one large, universal bank remained. We explore the extent to which that merger resulted in monopoly rents for the combined …
Persistent link: https://www.econbiz.de/10012467332
We analyze data on fees paid to investment bankers and acquisition premia paid for targets in cash tender offers. Our results are broadly consistent with the predictions of a benign view of the role of investment banks in advising acquisition targets. Fees to investment banks are correlated with...
Persistent link: https://www.econbiz.de/10012467350
This paper provides the first comprehensive econometric analysis of the causes of bank distress during the Depression …. We assemble bank-level data for virtually all Fed member banks, and combine those data with county-level, state … bank failure. We construct a model of bank survival duration using these fundamental determinants of bank failure as …
Persistent link: https://www.econbiz.de/10012470818
quality of bank assets and management. All three types of information were useful for gauging the condition of the bank, and … affected bank behavior, including a publicly observable signal (skipping a dividend payment). Participants in the market for … bank liabilities reacted to this signal in ways that promoted market discipline …
Persistent link: https://www.econbiz.de/10012453254
We study factors influencing individuals' decisions to purchase Citibank stock during the 1920s. Citibank stock had a very high price per share and was only an investment option for wealthy people. The willingness to own shares was encouraged by proximity to New York, but constraints related to...
Persistent link: https://www.econbiz.de/10012453283