develops a stylized model of mergers and acquisitions that predicts that the incidence of merger and acquisition deals depends … costs. These predictions are examined with bilateral merger and acquisition flow data and detailed information on policy … probability of merger and acquisition inflows but this negative effect is mitigated in countries with relatively large shares of …

This paper examines the association between the default risk of foreign bank subsidiaries and their parents during the … disclosure requirements and tougher restrictions on bank activities …

shocks around the world. This relationship is significantly stronger in Central and Eastern Europe, a region with … the world. The paper shows that high foreign ownership per se does not appear to explain credit response differences to …

This paper examines the impact of bank ownership on credit growth in developing countries before and during the 2008 …-2009 crisis. Using bank-level data for countries in Eastern Europe and Latin America, it analyzes the growth of banks' total gross … government-owned bank credit growth across regions. In Eastern Europe, foreign bank total lending fell by more than domestic …

This paper presents recent trends in government and foreign bank ownership across countries and summarizes the evidence … regarding the implications of bank ownership structure for bank performance and competition, financial stability, and access to … countries, promote competition in host banking sectors, and help stabilize credit when host countries face idiosyncratic shocks …

This paper considers the question of whether international banks learn from their previous crisis experiences and … reduce their lending to developing countries in the event of a financial crisis. The analysis combines a bank-level dataset … of bank activity and ownership with country-level data on the stock of historical crisis events between 1800 and 2005. To …

This paper analyzes the lending behavior of foreign-owned banks during the recent global crisis. Using bank-level panel …. However, the funding structure of foreign bank affiliates and the capitalization of parent banks do help explain the lending …

in total liabilities or a Herfindahl index of international liability concentration, especially if the bank is performing … badly. The results in this paper suggest that an international bank's cost of funds raised through a foreign subsidiary is 1 … international bank, as well as an inefficient recovery and resolution process for international banks. In any event, a less reliable …

the characterization of international banks as sources of credit instability, and suggest that foreign bank entry can …-border credit supply especially to weaker firms. However, greater foreign bank presence in the borrower country appears to reduce … banking presence in the borrowing country on the transmission of monetary policy is robust to controlling for borrower …

Banking markets are becoming increasingly international through financial liberalization and general economic … integration. Using bank-level data for 80 countries for 1988-95, the authors examine the extent of foreign ownership in national … banking markets. They compare net interest margins, overhead, taxes paid, and profitability of foreign and domestic banks. The …