This paper analyzes the effects of bank mergers on bank-firm relationships. Using matched bank-firm level data, I find … that mergers disrupt lending relationships, specially to small borrowers of target banks. However, I find significant … positive effects of mergers for borrowers that continue the lending relationship with the consolidated bank. On average …

businesses who already have access to bank credit. Firms use FinTech to obtain long-term unsecured loans and reduce their … exposure to banks with less liquid assets, stable funds, and capital. We find that access to FinTech spurs firm growth … increase leverage and substitute long-term bank debt with FinTech debt. Our findings suggest that FinTech allows firms to …

hampered the smooth transmission of accommodative monetary policy. Using bank level data from 2007 to 2015, we directly measure … bank in the same month for loans to small and large firms (the "Small Firm Financing Premium", SFFP). We assess the role … played by both bank and macroeconomic factors in explaining the variation in the SFFP across countries and through time. We …

bank loans of the same maturity than non-issuer firms, suggesting an improvement in their bargaining power with banks. In … bank credit conditions for issuer firms, both at the firm-bank and firm level. We compare new loans granted to issuer firms … addition, issuer firms reduce the amount of used bank credit but increase the overall amount of available external funds …

, comprehensive dataset of over one million loans by savings banks in Germany. We find that loans of retail customers, who have a … relationship with their savings bank prior to applying for a loan, default significantly less than customers with no prior …

We study the effect of financial distress in foreign parent banks on local SME financing in 14 central and eastern … by the following types of bank financial distress: 1) low equity ratio; 2) low Tier 1 capital ratio; and 3) losses on … financial assets. We also find that foreign banks transmit to Main Street a larger portion of similar financial shocks than …

provisions tend to be more procyclical at larger and better capitalized banks. The procyclicality of loan loss provisions can … explain about two-thirds of the variation of bank capitalization over the business cycle. We estimate that provisioning …

This paper studies the impact of voluntary climate commitments by banks on their lending activity. We use … administrative data on the universe of bank lending from 19 European countries. There is strong selection into commitments, with … increased participation by the largest banks and banks with the most pre-existing exposure to high-polluting industries. Setting …

Can banks trade credit default swaps (CDSs) referenced on their current corporate clients at competitive prices, or are … banks penalized for potentially holding private information? To answer this question we merge CDS trades reported under the … that the same dealer offers to banks and to other investors. We find that banks lending to a corporation purchase CDSs on …

How a historic drop in bank deposits shapes banks' loan supply? We exploit the effects of a large, and unexpected … includes all bank-firm lending relationships in all euro area countries. We find that banks experiencing large deposit outflows … is stronger for fixed rate and longer maturity loans, but not for riskier borrowers. The effect is mostly driven by banks …