integration has taken place on the banking markets, by investigating the convergence in banking efficiency for European Union … countries. We measure cost efficiency of banks from 10 EU countries between 1994 and 2005 with the stochastic frontier approach … for all EU countries. Tests of convergence support the view of a process in convergence in cost efficiency between EU …

Russia has witnessed a high number of bank failures over the last two decades. Using monthly data for 2002 … provide mixed evidence that political cycles matter for the occurrence of bank failures in Russia …