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We study the impact fintech startups have on the performance and the default risk of traditional financial institutions. We find a positive relationship between fintech startup formations and incumbent institutions' performance for the period from 2005 to 2018 and a large sample of financial...
Persistent link: https://www.econbiz.de/10012509553
. Epidemic exposure is associated with an increase in remote-access (online/mobile) banking and substitution from bank branch …
Persistent link: https://www.econbiz.de/10012597099
Central Bank (BDCB) and the structure of the financial sector of Brunei Darussalam are presented. Lastly, the paper discusses …
Persistent link: https://www.econbiz.de/10013380870
This paper considers the optimal taxation of savings intermediation and payment services in a dynamic general equilibrium setting, when the government can also use consumption and income taxes. When payment services are used in strict proportion to final consumption, and the cost of...
Persistent link: https://www.econbiz.de/10008699764
banks to form alliances with fintechs. Furthermore, we analyze whether such bank-fintech alliances affect the market … Officer. We evidence that markets react more strongly if digital banks rather than traditional banks announce a bank …-fintech alliance. Finally, we find that alliances are most often characterized by a product-related collaboration between the bank and …
Persistent link: https://www.econbiz.de/10011882455
survival of top executives (Presidents, CEOs and General Managers) to bank performance and the manager's local connections …, controlling for (observable and unobservable) bank and manager characteristics by exploiting longitudinal information on bank …-manager appointments. We measure the extent? of managers' local connections by the distance between the province of the bank's headquarters …
Persistent link: https://www.econbiz.de/10003772161
This paper examines the impact of the global financial crisis on the banking sector in the Middle East and North Africa (MENA) region, as well as the main determinants of the profitability of both domestic and foreign banks. The empirical findings suggest that during the crisis the former...
Persistent link: https://www.econbiz.de/10011481871
This paper analyzes the development of the banking sector in European transition countries. We find that, although bank … major players in the financial system of these countries. However, foreign bank presence and financial development in … than domestic banks. Furthermore, it appears that foreign and domestic bank performance tend to converge. …
Persistent link: https://www.econbiz.de/10011404323
quasi-exogenous increases in bank size in postwar Germany. I show that firms did not grow faster after their relationship …, but worked with riskier borrowers. Bank managers benefited through higher salaries and media attention. The paper presents …
Persistent link: https://www.econbiz.de/10012383736
This paper implements recent bootstrap panel cointegration techniques and Seemingly Unrelated regression (SUR) methods to investigate the existence of a long-run relationship between oil prices and Gulf Corporation Countries (GCC) stock markets. Since GCC countries are major world energy market...
Persistent link: https://www.econbiz.de/10003854428