-merger financial performance. We find that, on average, bank mergers in the European Union resulted in improved return on capital. By …

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 …

during the crisis was significantly higher for firms with a “weak” bank than for comparable firms with a “sound” bank– even …

authorities in the review of bank mergers for the G-7 industrialised countries. A wide variety of approaches emerges, with some …

asymmetries within the bank combined with fixed wages. Two kinds of inefficiencies arise in equilibrium: the credit officer either … bank accepts the information asymmetries, is called the centralized structure. Under decentralized structure the bank … finance more small firms, but incur higher costs than centralized ones. Small banks are interpreted as a bank with relatively …

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 …