The purpose of the present study is the development of classification models that could be used in the identification of acquirers and targets in the Asian banking sector. We use a sample of 52 targets and 47 acquirers that were involved in acquisitions in 9 Asian banking markets during...

In this paper we develop classification models for the identification of acquisition targets in the EU banking industry, incorporating financial variables that are mostly unique to the banking industry and originate from the CAMEL approach. A sample of 168 non-acquired banks matching 168...

We examine the in-roads commercial banks have made into equity underwriting over 1990-2002. While banks end the period handling upwards of 25% of equity underwriting, most of this increase results from acquisitions of investment banks with an already established market share of equity...

This paper analyses the largest buyouts done by private equity investors in Spain. The objective of the paper is to analyse in depth these deals, to be able to better understand their leverage levels, valuations and the evolution of both variables. It also reviews who is behind these deals, from...

This paper analyses the largest buyouts done by private equity investors in Spain. The objective of the paper is to analyse in depth these deals, to be able to better understand their leverage levels, valuations and the evolution of both variables. It also reviews who is behind these deals, from...

We extend our prior work on how both supply (including the emergence of OTC equity derivatives and growth in share lending) and demand (including the growth of hedge funds) factors now facilitate the large-scale, low-cost decoupling of shareholder voting rights from shareholder economic...

We study the long term effects on the target banks of 84 bank acquisitions in 17 countries in Central and Eastern Europe and the Commonwealth of Independent States. Applying median difference tests we analyse the post merger gains in profitability and cost efficiency as well the expansion of the...

Following the intensification of Mamp;As in banking in South Eastern Europe during the past decade, the study engages into analysing the most recent motives behind this wave. This study reviews motives in bank Mamp;A as seen by both parties involved. There is exposed the consideration of other...

We use panel data from nine countries over the period 1996 to 2003 to test how revenue diversification in conjunction with increasing bank size affects bank value. Using a comprehensive framework for bank performance measurement, we find no evidence for a conglomerate discount, unlike studies...

We study abnormal returns for bidding banks of 56 cross-border Mamp;A transactions that occurred between 1990 and 2005 that involved target banks from Central and Eastern European (CEE) and bidder banks from Western European countries and the US. Furthermore we determine success factors of the...