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The future of large, internationally active banks : does scale define the winners?
Hughes, Joseph P.; Mester, Loretta J. - 2015
Our research as well as that by other authors has found scale economies at all sizes of banks and the largest scale economies at the largest banks – that is, larger banks are able to provide products at lower average cost than smaller banks. While the earlier literature found that scale...
Persistent link: https://www.econbiz.de/10011416928
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Input Efficiency of Financial Services Sector : A Non-Parametric Analysis of Banking and Insurance Sectors of Pakistan
Ali Shah, Syed Alamdar - 2017
study aims to empirically investigate the input efficiency of banking and insurance sectors with further probe into Islamic … segments of these sectors in Pakistan. This study measures the technical, allocative, cost, and scale efficiencies of banking … sector is more technically efficient than banking sector. Finally, the study also found that overall efficiency of financial …
Persistent link: https://www.econbiz.de/10012960867
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Financial Structure and Bank Relationships of Italian Multinational Firms
Bronzini, Raffaello; D'Ignazio, Alessio; Revelli, Davide - 2021
This paper examines the financial structure and the bank relationships of Italian multinational firms. We show that multinationals are on average more leveraged than non-internationalized firms. Moreover, they have a larger share of financial and bank debt out of total debt, maintain more bank...
Persistent link: https://www.econbiz.de/10013226481
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The effect of risk management on financial performance of commercial banks in Ethiopia
Tassew, Abel Worku; Hailu, Aregu Asmare - In: Financial studies 23 (2019) 1, pp. 25-38
Efficient and effective performance of banking industry over time is an index of financial stability in any nation …
Persistent link: https://www.econbiz.de/10012015576
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Risk diversification by European financial conglomerates
Slijkerman, Jan Frederik; Schoenmaker, Dirk; Vries, … - 2005
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
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Measuring and stress-testing market-implied bank capital
Indergand, Martin; Jondeau, Eric; Fuster, Andreas - 2022
We propose a methodology for measuring the market-implied capital of banks by subtracting from the market value of equity (market capitalization) a credit-spread-based correction for the value of shareholders' default option. We show that without such a correction, the estimated impact of a...
Persistent link: https://www.econbiz.de/10013168743
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On the instability of banking and other financial intermediation
Gu, Chao; Monnet, Cyril; Nosal, Ed; Wright, Randall D. - 2019
, cyclic, or stochastic equilibria. Four formalizations are considered: a dynamic version of Diamond-Dybvig banking …
Persistent link: https://www.econbiz.de/10012023696
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On the instability of banking and other financial intermediation
Gu, Chao; Monnet, Cyril; Nosal, Ed; Wright, Randall D. - 2019
, cyclic, or stochastic equilibria. Four formalizations are considered: a dynamic version of Diamond-Dybvig banking …
Persistent link: https://www.econbiz.de/10012018898
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Assessing systemic risk : an analysis of the German banking sector
Rotermund, Sophie-Dorothee - 2019
banking sector. Precisely, it is questioned whether currently employed systemic risk indicators are able to account for banks … indicators are indeed able to account for the German banking sector's heterogeneity, providing insight into different bank types … risk. Structural features of the German banking sector amplify the risk of individual institutions and thus their …
Persistent link: https://www.econbiz.de/10012117773
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Financial technology and the future of banking
Broby, Daniel - In: Financial innovation : FIN 7 (2021), pp. 1-19
theory of banking and the literature on digital transformation. It provides an explanation for existing trends and, by … extending the theory of the banking firm, it illustrates how financial intermediation will be impacted by innovative financial … banking and the all-digital banks. The paper contributes to an understanding of the future of banking, providing a framework …
Persistent link: https://www.econbiz.de/10012594546