on bank profitability differs depending on the type of fee and commission income. Our results support the view that …

governmen-owned bank mergers. We compare forced to voluntary bank exits and show that the former cause better bank profitability … and efficiency at the expense of riskier financial profiles. Regarding real effects, firms exposed to forced bank mergers …

This paper re-visits the state of decentralised banking in Germany, Spain and the UK. The cross-country comparison we … degree of centralisation. Whereas no such bank exists in the UK any longer and real savings banks in Spain have almost … Germany. Our comparison has identified three factors of success contributing to the persistence of decentralised banking: I …

This paper explores the extent to which interest risk exposure is priced in bank margins. Our contribution to the … for earnings from bank-individual maturity transformation strategies, we find all banks to charge additional fees for …

lending behavior and risk sensitivity of a risk-neutral bank. CDS contracts may be used to hedge a bank’s credit risk exposure … at a certain (potentially distorted) price. Regulation is found to induce the risk-neutral bank to behave in a more risk … credit risk. Under the substitution approach in Basel II (and III) a risk-neutral bank will over-, fully or under-hedge its …

financial institutions. First, we establish that age, gender, and education jointly affect the variability of bank performance …