Since the subprime crisis, the regulatory framework for bank regulation has undergone substantial changes with the release, in December 2010, of the Basel 3 document. The new framework reintroduces a simple capital ratio, the leverage ratio, which is added to the more sophisticated capital...

This paper studies the role that can be played by the stock market in the early detection of bank financial distress. We test the additional contribution of market indicators to accounting indicators in the European case and its accuracy for opaque institutions. We show that the significance of...

With the increasing domination of foreign capital in banking sectors of transition countries, it is of the highest interest to investigate the relative performance of domestic-owned and foreign-owned banks in these countries. We therefore aim here to compare the technical efficiency of...

This paper aims at providing theoretical foundations to the role of customer relationship as a strategic barrier to entry on banking markets. A bank which grants a loan to a customer gains a comparative advantage in information on this customer as compared with competitors. This informational...