Narrow search
Showing 1 - 10 of 160
Cover Image
Which financial stocks did short sellers target in the subprime crisis?
Hasan, Iftekhar; Massoud, Nadia; Saunders, Anthony; … - 2015
Tracing the SEC ban on the short selling of financial stocks in September 2008, this paper investigates whether such selling activity before the 2008 short ban reflected financial companies' risk exposures in the subprime crisis. The evidence suggests that short sellers sold short stocks that...
Persistent link: https://www.econbiz.de/10012148242
Cover Image
Which Financial Stocks Did Short Sellers Target in the Subprime Crisis?
Hasan, Iftekhar - 2015
​Tracing the SEC ban on the short selling of financial stocks in September 2008, this paper investigates whether such selling activity before the 2008 short ban reflected financial companies' risk exposures in the subprime crisis. The evidence suggests that short sellers sold short stocks that...
Persistent link: https://www.econbiz.de/10013027420
Cover Image
Which financial stocks did short sellers target in the subprime crisis?
Hasan, Iftekhar; Massoud, Nadia; Saunders, Anthony; … - In: Journal of Banking & Finance 54 (2015) C, pp. 87-103
Tracing the SEC ban on the short selling of financial stocks in September 2008, this paper investigates whether such selling activity before the 2008 short ban reflected financial companies’ risk exposure in the subprime crisis. Evidence suggests that short sellers sold short stocks that had...
Persistent link: https://www.econbiz.de/10011264658
Cover Image
Which financial stocks did short sellers target in the subprime crisis?
Hasan, Iftekhar; Massoud, Nadia; Saunders, Anthony; … - Suomen Pankki - 2015
Tracing the SEC ban on the short selling of financial stocks in September 2008, this paper investigates whether such selling activity before the 2008 short ban reflected financial companies’ risk exposures in the subprime crisis. The evidence suggests that short sellers sold short stocks that...
Persistent link: https://www.econbiz.de/10011188494
Cover Image
Do Big Bank Equityholders 'Pay' for Bailout Insurance Over the Economic Cycle?
Del Viva, Luca - 2017
Contrary to public perception and previous literature on public bailout subsidies, we find over the recent 43-year period equityholders in big banks paid fairly for TBTF bailout insurance in terms of equity returns. In normal (non-crisis) periods, after TBTF in 1984, big banks pay an...
Persistent link: https://www.econbiz.de/10012951828
Cover Image
Non-interest income and bank performance : is banks' increased reliance on non-interest income bad?
Saunders, Anthony; Schmid, Markus M.; Walter, Ingo - 2014
One of the most dramatic trends in banking since the 1980s has been the secular movement away from core banking and …
Persistent link: https://www.econbiz.de/10011342495
Cover Image
Should Short-Selling Be Restricted During a Financial Crisis?
Hasan, Iftekhar - 2014
This paper investigates the short selling of financial company stocks around the time of the SEC September 2008 short-selling ban. More specifically, this paper examines whether this short selling, mainly by hedge funds and other types of sophisticated investors, was purely speculative or...
Persistent link: https://www.econbiz.de/10013070187
Cover Image
Bank Lottery Behavior and Regulatory Bailouts
Del Viva, Luca - 2018
We study lottery behavior in banking stocks and use MAX/MIN to capture loss protection from bank bailout guarantees. We …
Persistent link: https://www.econbiz.de/10012934331
Cover Image
Non-Interest Income and Bank Performance: Is Banks’ Increased Reliance on Non-Interest Income Bad?
Saunders, Anthony; Schmid, Markus; Walter, Ingo - School of Finance, Universität St. Gallen - 2014
The issue of optimum bank scope is central to many proposals for banking system reform. For example, a core component …-core activities such as investment banking, venture capital and trading) to interest income (associated with deposit-taking and … lending to retail and commercial clients) is associated with a higher profitability across the banking sector and under …
Persistent link: https://www.econbiz.de/10011274000
Cover Image
Should Bank Dividends Be Regulated? What Is the Long-Term Historical Evidence?
Saunders, Anthony; Wilson, Berry K. - 2021
contributed to the stability of the U.S. banking system in the post-depression era …
Persistent link: https://www.econbiz.de/10013245206