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Persistent link: https://www.econbiz.de/10011695913
measured by the Z-score technique while controlling for macroeconomic, bank-specific, regulatory, and institutional factors …
Persistent link: https://www.econbiz.de/10003894737
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 and of deposit insurance regimes in Europe has measurable effects on takeover pricing. Stricter bank regulatory …
Persistent link: https://www.econbiz.de/10008664119
countries and over the years. The statistical results indicated that while some differences in bank behavior as indicated by the …. European bank behavior gave evidence of being in harmony and uniform over countries and years. Some policy implications are … discussed briefly. -- Bank behavior ; Profit ; Capital account ratios ; Harmonization …
Persistent link: https://www.econbiz.de/10009553208
We study the dependence between the downside risk of European banks and insurers. Since the downside risk of banks and insurers differs, an interesting question from a supervisory point of view is the risk reduction that derives from diversification within large banks and financial...
Persistent link: https://www.econbiz.de/10011346454
This paper presents a theory that explains why it is beneficial for banks to engage in circular lending activities on the interbank market. Using a simple network structure, it shows that if there is a non-zero bailout probability, banks can significantly increase the expected repayment of...
Persistent link: https://www.econbiz.de/10010226037
range of real sectors is limited. Our results imply that regulators and supervisors should address international bank … dependencies arising from common risk factors, while recessions in real sectors due to bank defaults should be a secondary concern. …
Persistent link: https://www.econbiz.de/10009784871
On 3 December EY hosted a SUERF conference on banking reform with Sir Howard Davies, the Chairman of RBS, and Dame Colette Bowe, the Chairman of the Banking Standards Board, as the two keynote speakers. Professor David Miles (Imperial College) gave the SUERF 2015 Annual Lecture on Capital and...
Persistent link: https://www.econbiz.de/10011557140
This paper examines the treatment of sovereign debt exposure within the Basel framework and measures the impact of bank … regulation on the demand of Monetary Financial Institutions (MFI) for marketable sovereign debt. Our results suggest that bank …
Persistent link: https://www.econbiz.de/10010459905
. The European Central Bank, in its capacity as supervisory authority for systemically important banks, as well as the …
Persistent link: https://www.econbiz.de/10010510058