Similar Search Results

Bank Dependence in Emerging Countries : Cross-Border Information Percolation in Mutual Fund Equity Investing

Allen, Linda - 2019

In contrast to the literature involving U.S. bank domestic lending, we find that mutual funds affiliated with lending banks reduce their equity investment and turnover in the non-U.S. listed stock of their non-U.S. borrowers compared to non-lending banks or unaffiliated mutual funds. Reduced...

Persistent link: https://www.econbiz.de/10012890189

Herd behavior in the Bangladeshi banking sector

Islam, Rakibul - In: Cogent economics & finance 10 (2022) 1, pp. 1-11

This study aims to investigate the existence and nature of herding behavior in the banking sector in Bangladesh. It … uses daily closing prices of 30 listed commercial banks from January 2007 to December 2018 to detect herding. This study … confirms the presence of herding in the banking industry for the whole study period. Further, it finds herding in the banking …

Persistent link: https://www.econbiz.de/10014500324

Issues in money, banking and herding

Drehmann, Mathias - 2003

Persistent link: https://www.econbiz.de/10001746688

Impact of Government Bailout on Banks' Cost of Equity : Additional Evidence from the Financial Bailout of 2008-2009

Wang, Daphne - 2020

This study evaluates the effect of the Capital Purchase Program during the 2008-2009 financial crisis on the cost of equity of 170 publicly listed banks in the United States that received funding. We document robust evidence that the liquidity provided by the government bailout reduced the cost...

Persistent link: https://www.econbiz.de/10012841209

Counterparty Credit Risk and the Effectiveness of Banking Regulation

Kroon, Sînziana - 2018

We investigate how counterparty credit risk influences the prices of over-the-counter CDS contracts using confidential transaction level data for practically all Dutch trades. We confirm our prior of a significant negative relationship between the credit worthiness of the CDS seller and the...

Persistent link: https://www.econbiz.de/10012908384

Credit Default Swaps and Bank Loan Sales : Evidence from Bank Syndicated Lending

Hasan, Iftekhar - 2017

We empirically examine three channels in the relation between banks' CDS trading and loan sales. The substitute channel predicts a negative relation between CDS hedging and loan sales, and the complementary channel predicts a positive relation. The credit-enhancement channel predicts a positive...

Persistent link: https://www.econbiz.de/10012971614

How Large Banks Use CDS to Manage Risks : Bank-Firm-Level Evidence

Hasan, Iftekhar - 2015

We test five hypotheses on whether banks use CDS to hedge corporate loans, provide credit enhancements, obtain regulatory capital relief, and exploit banking relationship and private information. Using new data that link large banks' CDS positions and syndicated lending on individual firms, we...

Persistent link: https://www.econbiz.de/10013021173

Effects of Nikkei 225 ETFs on Stock Markets : Impacts of Purchases by Bank of Japan

Hanaeda, Hideki - 2018

In the paper, we investigate empirical analysis of effects of Nikkei 225 ETFs on stock market in Japan, including purchases of ETFs by Bank of Japan (BOJ). We focus on the deviations of Nikkei 225 ETFs and volatilities and non-market volatility of stocks included in Nikkei 225 index. Deviations...

Persistent link: https://www.econbiz.de/10012933147

Counterparty Credit Risk and the Effectiveness of Banking Regulation

van Lelyveld, Iman - 2018

Persistent link: https://www.econbiz.de/10012915791

Bank private information in CDS markets

Bilan, Andrada; Ongena, Steven; Pancaro, Cosimo - 2023

Can banks trade credit default swaps (CDSs) referenced on their current corporate clients at competitive prices, or are banks penalized for potentially holding private information? To answer this question we merge CDS trades reported under the European Market Infrastructure Regulation (EMIR)...

Persistent link: https://www.econbiz.de/10014315233

1
2
3
4
5
6
7
8
9
10
Next
Last