Showing 1 - 10 of 1,117
approach is able to measure competition of bank market segments, such as the loan market, whereas many well-known measures of … generally pass on at least part of their efficiency gains to their clients. Like most other model-based measures, this approach … ignores differences in bank product quality and design, as well as the attractiveness of innovations. We measure competition …
Persistent link: https://www.econbiz.de/10011604814
-oriented regime for merger control increases banks’ stock prices, whereas it decreases those of non-financial firms. Moreover, bank … merger targets become more profitable and larger. A major determinant of the positive bank returns, after controlling inter … alia for the general quality of institutions and individual bank characteristics, is the opaqueness that characterizes the …
Persistent link: https://www.econbiz.de/10011604832
-oriented regime for merger control increases banks' stock prices, whereas it decreases those of non-financial firms. Moreover, bank … merger targets become more profitable and larger. A major determinant of the positive bank returns, after controlling inter … alia for the general quality of institutions and individual bank characteristics, is the opaqueness that characterizes the …
Persistent link: https://www.econbiz.de/10013316912
approach is able to measure competition of bank market segments, such as the loan market, whereas many well - known measures of … generally pass on at least part of their efficiency gains to their clients. Like most other model - based measures, this … approach ignores differences in bank product quality and design, as well as the attractiveness of innovations. We measure …
Persistent link: https://www.econbiz.de/10013317045
-merger financial performance. We find that, on average, bank mergers in the European Union resulted in improved return on capital. By …
Persistent link: https://www.econbiz.de/10011604444
This paper analyzes the effects of bank mergers on bank firm relationships. Using matched bank-firm level data, I find … positive effects of mergers for borrowers that continue the lending relationship with the consolidated bank. On average …
Persistent link: https://www.econbiz.de/10011604980
financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …
Persistent link: https://www.econbiz.de/10012988770
This paper studies the bilateral drivers of mergers and acquisitions (M&As) between European banks. Two findings document that banks use M&A as a device to leverage their expertise rather than to diversify. (i) Following the literature on matrimonial matching by using a binary logit model, the...
Persistent link: https://www.econbiz.de/10013405075
This paper studies the impact of cyclical systemic risk on future bank profitability for a large representative panel … risk predict large drops in the average bank-level return on assets (ROA) with a lead time of 3-5 years. Based on quantile … local projections we further show that the negative impact of cyclical systemic risk on the left tail of the future bank …
Persistent link: https://www.econbiz.de/10012834322
We analyse the impact of standard and non-standard monetary policy measures on bank profitability. For empirical … monetary policies on market-based measures of expected bank profitability and credit risk, by employing an event study analysis … identification, the analysis focuses on the euro area, thereby exploiting substantial bank and country heterogeneity within a …
Persistent link: https://www.econbiz.de/10012945753