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companies (Deutsche Bank and RWE) with locale providers such as savings banks and municipal utilities (Stadtwerke) motivate this …
Persistent link: https://www.econbiz.de/10012236258
Several papers find a positive association between a bank's equity stake in a borrowing firm and lending to that firm …
Persistent link: https://www.econbiz.de/10011820943
How does bank distress impact their customers' probability of default and trade credit availability? We address this … question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times … of distress and crisis, featuring the different transmission of bank distress shocks into already weakened firm balance …
Persistent link: https://www.econbiz.de/10012108717
How does bank distress impact their customers' probability of default and trade credit availability? We address this … question by looking at a unique sample of German firms from 2000 to 2011. We follow their firm-bank relationships through times … of distress and crisis, featuring the different transmission of bank distress shocks into already weakened firm balance …
Persistent link: https://www.econbiz.de/10012103361
Using data from a quantitative survey of German banks at three points in time (2015, 2017 and 2019), we analyze the impact of changes in the interest rate level on banks' net interest income and the countermeasures they take. A decline in the interest rate level has a more negative impact on net...
Persistent link: https://www.econbiz.de/10012596363
The internet revolution is said to foster integration of the market for financial services, since consumers are able to shop around at all companies worldwide and firms can easily offer their services on the internet at a minimum of distribution cost. However, the European market for online...
Persistent link: https://www.econbiz.de/10013428474
Banking across borders has risen substantially over the past two decades. Yet there is significant heterogeneity in the international and global activities of banks across countries. This paper develops and tests a theoretical model that explains this variation from an international trade theory...
Persistent link: https://www.econbiz.de/10009740267
We provide the first empirical tests for financial protectionism, defined as a nationalistic change in bank's lending … foreigners. We use a bank-level panel data set spanning all British and foreign banks providing loans within the United Kingdom …, foreign nationalised banks seem to have engaged in financial protectionism, while British nationalised banks have not. -- Bank …
Persistent link: https://www.econbiz.de/10009125050
We study how contingent capital affects banks' risk choices. When triggered in highly levered states, going-concern conversion reduces risk-taking incentives, unlike conversion at default by traditional bail-inable debt. Interestingly, contingent capital (CoCo) may be less risky than bail-inable...
Persistent link: https://www.econbiz.de/10011874283