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This paper examines empirically how international taxation affects the volume and pricing of cross-border banking …-source bank income is found to reduce banking-sector FDI. Furthermore, such taxation is almost fully passed on into higher …
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This paper shows that banks overstate the value of distressed assets and their regulatory capital during the U.S. mortgage crisis. Banks' balance sheets overvalue real estate-related assets compared to the market value of these assets. Banks with large exposure to mortgage-backed securities also...
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