We evaluate changes in system-wide information transmission following US and European bank M&A. We generalize Granger … extend prior work to include bank-nonbank deals. We find that while US acquirers contribute more to extreme systemic risk …

the empirical findings on the effects of bank diversification on financial intermediaries. The section “The European … Conglomerates Landscape” reviews the evolution of bank diversification into non-banking activities, by offering key statistics on …

We investigate the impact of domestic and international bank-insurance deals on the risk-return profiles of bidding …