Showing 1 - 10 of 11,533
Persistent link: https://www.econbiz.de/10003939773
This paper reviews the market reaction to bank rescue packages announced in six countries between October 2008 and … shareholders as seen in the movement of bank stock prices. Government interventions benefited creditors at the expense of … shareholders, with bank CDS spreads narrowing around the announcements in all cases. Despite a brief positive reaction, bank stock …
Persistent link: https://www.econbiz.de/10013155928
Persistent link: https://www.econbiz.de/10012489035
Persistent link: https://www.econbiz.de/10011954325
Persistent link: https://www.econbiz.de/10002168041
Persistent link: https://www.econbiz.de/10013261112
Information costs and regulatory barriers are the main distinguishing features of international financial markets as compared to national financial markets. This paper presents a simple model of the impact of these factors on banks' cross-border activities and provides empirical evidence. Our...
Persistent link: https://www.econbiz.de/10011473701
Persistent link: https://www.econbiz.de/10003881577
Persistent link: https://www.econbiz.de/10003900362
Persistent link: https://www.econbiz.de/10003907828