Similar Search Results

Executive Pay at Ailing Banks and Beyond : A European Perspective

Ferrarini, Guido - 2010

Key points:• This article considers how the recent market turmoil affected national banking systems, thereby prompting state measures;• It describes the remuneration problems shown by the financial crisis: rewards for failure; short-term behaviour; inappropriate design of performance...

Persistent link: https://www.econbiz.de/10013136173

Comparison of Merger Impact on the Profitability Measures of EU Domestic & Cross Border Bank Acquirers

Nnadi, Matthias - 2010

The study compares the M&A effect on the profitability measures of 63 completed EU banks. The cumulative total standardised abnormal return (CTSAR), which is a proxy for M&A and a long window of 60 days, were used to capture the impact and trends in the profitability of both acquirers. The...

Persistent link: https://www.econbiz.de/10013142052

The UBS-Credit Suisse Merger : Helvetia's Gift

Böni, Pascal; Kroencke, Tim-Alexander; Vasvari, Florin P. - 2023

The UBS- Credit Suisse (CS) merger in March 2023, one of the biggest banking unions in history, was an emergency rescue … deal engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. The merger resulted in a … around the merger announcement through abnormal returns to UBS stockholders (7.95%) and CS bondholders (34.74%), equivalent …

Persistent link: https://www.econbiz.de/10014349670

A capital markets union for Europe : the relevance of banks and markets

Demary, Markus; Diermeier, Matthias; Haas, Heide - 2015

The establishment of a Capital Markets Union (CMU) is a high-priority project of the European Commission. CMU should foster additional non-bank sources of finance, mobilize private savings more efficiently and enhance capital market integration. Although more integration is needed, the...

Persistent link: https://www.econbiz.de/10011292921

Systemic risk spillovers in the European banking and sovereign network

Betz, Frank; Hautsch, Nikolaus; Peltonen, Tuomo; … - 2014

We propose a framework for estimating network-driven time-varying systemic risk contributions that is applicable to a high-dimensional financial system. Tail risk dependencies and contributions are estimated based on a penalized two-stage fixed-effects quantile approach, which explicitly links...

Persistent link: https://www.econbiz.de/10010411283

Systemic risk spillovers in the European banking and sovereign network

Betz, Frank; Hautsch, Nikolaus; Peltonen, Tuomo; … - 2016

We propose a framework for estimating time-varying systemic risk contributions that is applicable to a high-dimensional and interconnected financial system. Tail risk dependencies and systemic risk contributions are estimated using a penalized two-stage fixed-effects quantile approach, which...

Persistent link: https://www.econbiz.de/10011414705

Bank Debt in Europe 'Are Funding Models Broken'

Le Leslé, Vanessa - 2013

The crisis in Europe has underscored the vulnerability of European bank funding models compared to international peers. This paper studies the drivers behind this fragility and examines the future of bank funding, primarily wholesale, in Europe. We argue that cyclical and structural factors have...

Persistent link: https://www.econbiz.de/10013085997

European Banks’ Legal Provisions and Financial Crises : The Influence of Corporate Governance and Institutional Environment

Gallud Cano, Jorge - 2020

We study the legal provisions of 92 European systemic banks from 18 countries over the years 2008-2017. Since legal provisions may be viewed as a mechanism for disclosing information to capital markets, the creation of legal provisions is determined by the risk taken by the bank and the...

Persistent link: https://www.econbiz.de/10012833390

Bank Culture Risk-Taking : Evidence from the European Banking Sector

Mervelskemper, Laura - 2019

This paper is the first to empirically study the effects of different types of corporate culture on the risk-taking behavior of European banks. Based on a text analysis approach following the competing values framework, we analyze a hand-collected sample of 167 European banks from 2005 to 2015....

Persistent link: https://www.econbiz.de/10012900253

Risky Business : The New 2018 EBA IRRBB Guidelines, Insights and Implications for European Banking

Fulli-Lemaire, Nicolas - 2019

The European Banking Authority (EBA) released new interest rate risk in the banking book (IRRBB) guidelines in July 2018. Complying with the new EBA rules will be a stiff challenge for many banks given the short transition period and the current state of their IRRBB setup. But most importantly,...

Persistent link: https://www.econbiz.de/10012897001

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