identify and classify at least 78 state-influenced banks. For the state-owned banks, we distinguish between those that are …, by state-owned enterprises and banks, and by state corporations.. We estimate their combined market share to have reached … shrinking from year to year. Several of the largest state-owned banks now constitute a de facto intermediate tier at the core of …

, primarily by community banks. The survey evidence suggests that the use of credit scores in small business lending by community … banks is surprisingly widespread. Moreover, the scores employed tend to be the consumer credit scores of the small business …

acquiring banks value profitable, high-growth, and low-risk targets. We also find that the strength of bank regulation and … regimes and stronger deposit insurance schemes lower the takeover premiums paid by acquiring banks. This result, presumably in …

of both acquirers and targets. We find that capitalization, profitability, and liquidity show signs of statistically and … home country prudential supervisors and deposit insurance funding systems were stricter than the target's. For target banks … insurance funding regimes tend to result in positive postmerger changes in liquidity and performance. …

The big Chinese state-owned banks came as winners out of the global financial crisis. According to the Banker ranking …, Chinese banks led the global banking profitability ranking through the years from 2008 to 2010 and contributed one fifth of …. However, the low efficiency in Chinese banks is still persistent, as evident in many empirical studies (e.g. Feyzioglu, (2009 …

This paper investigates the incentives for banks to bias their internally generated risk estimates. We are able to … by low-capital banks to improve regulatory ratios. At the portfolio level, the difference in borrower probability of … credits. In addition, we find that low-capital banks' risk estimates have less explanatory power than those of high …

evidence on Swiss banks to assess both benefits and costs. The analysis yields two main conclusions. The long-run economic …

stochastic policy mix lead to suboptimal allocations if banks do not internalize insolvency costs. The policy of forbearance may … make banks internalizing such costs and improves the efficiency of intermediation. …

We study the effects of a bank’s engagement in trading. Traditional banking is relationship-based: not scalable, long … leads trading in banks to become increasingly risky, so that problems in managing and regulating trading in banks will …