We analyze the takeover premiums paid for a sample of European bank mergers between 1997 and 2007. We find that acquiring banks value profitable, high-growth and low risk targets. We also find that the strength of bank regulation and supervision as well as deposit insurance regimes in Europe...

This article presents a critical analysis of the principles behind the scope and forms of cooperation between EU Member States and third-country resolution authorities in the context of the 2014 Bank Recovery and Resolution Directive. The article also explores the future responsibilities of the...

This paper studies the impact of European bank mergers and acquisitions on changes in key safety and soundness measures of both acquirers and targets. We find that capitalization, profitability and liquidity show signs of statistically and economically signifi cant mean reversion for acquirers....

A pesar de los beneficios de la actividad bancaria transfronteriza para la economía real, los incentivos políticos para oponerse a su desarrollo han sido muy grandes tanto en Estados Unidos como en la UE. La existencia de una red de salvamento de carácter federal no es suficiente para...

Utilizando una muestra de bancos cotizados de Estados Unidos, Europa, Japón y China durante el período 2004-2014, los autores analizan el impacto que el nuevo marco de regulación prudencial aprobado en el G-20 tras la gran crisis financiera tiene sobre el riesgo bancario. El riesgo se mide en...

This article investigates the gender diversity of the corporate board of European Union banks. Employing a large sample of 612 European banks from 20 European countries, it identifies organizational characteristics that could be predictive of women’s presence on bank boards. We identify three...