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soon as a bank in a cross-border banking group falls below the minimum capital standard. Finally, the paper analyzes the … coordination measures that should be implemented if PCA requires the bank to be resolved. …
Persistent link: https://www.econbiz.de/10010292332
Over the past years, several countries around the world have adopted a system of prudential prompt corrective action (PCA). The European Union countries are being encouraged to adopt PCA by policy analysts who explicitly call for its adoption. To date, most of the discussion on PCA has focused...
Persistent link: https://www.econbiz.de/10010292333
This paper analyzes the determinants of bank acquisitions both within and across 25 members of the European Union (EU …
Persistent link: https://www.econbiz.de/10010292345
the seminar participants at Bar-Ilan University, Ben-Gurion University, European Central Bank, Emory University … of the European Central Bank in Frankfurt, where Daniel Levy was a visiting scholar. He gratefully acknowledges the Bank …
Persistent link: https://www.econbiz.de/10010336017
CEOs of large firms filing for bankruptcy are more likely to exit the executive labor market after bankruptcy and experience substantial compensation losses (Eckbo et al., 2016). While the fear of reputational scarring can lead to lower risk-taking and manifest itself as lower rates of...
Persistent link: https://www.econbiz.de/10013373824
In the United States and the European Union (EU), political incentives to oppose cross-border banking have been strong in spite of the measurable benefits to the real economy from breaking down geographic barriers. Even a federal-level supervisor and safety net are not by themselves sufficient...
Persistent link: https://www.econbiz.de/10011460623
This paper examines the Swedish record of competition in the supply of bank notes in the 19th century. Between 1831 and … with the notes of the Riksbank, the bank owned by the Riksdag, the Swedish parliament. The private banks turned out to be … of an overissue of notes or of runs by the public on private note banks occurred. No private bank failed to redeem its …
Persistent link: https://www.econbiz.de/10013208897
The US banking industry offers a unique, natural and fertile environment to study geography's effects on banks' behavior and performance. The literature on banks' operating performance, while extensive, says little about the influence of spatial interactions on banks' performance. We compute and...
Persistent link: https://www.econbiz.de/10010273644
The term Systemic Risk belongs to the standard rhetoric of economic policy discussions related to the banking industry. Besides of the goal of protecting small depositors control of systemic risk is given as one of the main arguments for banking regulation. Various recent financial crises have...
Persistent link: https://www.econbiz.de/10013369974
propose four principles to ensure the efficient resolution of bank failures, should they occur, with minimum, if any, credit … provisions in the single banking license available to banks in the EU. In return for the privilege of such a license, the bank …
Persistent link: https://www.econbiz.de/10010292210