Verlagsinfo: Globalisierung, Europäisierung, der Einsatz der neuen Informations- und Kommunikationstechnologien verändem das Bankengeschäft nachhaltig. Vor allem sind die erhöhten Anspriiche an die Beratungsqualität im betreuungsintensiven Privatkundengeschäft hervorzu­ heben. Von daher...

Most bank efficiency studies that use stochastic frontier analysis (SFA) employ each bank's own implicit input price when estimating efficient frontiers. But the theoretical foundation of most studies is a cost minimisation and/ or profit maximisation problem assuming perfect input markets. At...

German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous matter of debate. In this paper we suggest a taxonomy as how to evaluate post-merger performance on the basis of cost efficiency (CE). We categorise mergers a success that...