is based on a large, unbalanced panel of German banks including 32,023 bank-year observations. We see an increase in the … asymmetries as well as banks' size and ownership structure. -- Bank regulation ; informational asymmetries ; risk provisioning …

of higher capital requirements on the cost of capital. We find that bank's funding costs increase insignificantly for …

initial public offerings (IPOs), we ask if universal-bank-underwritten IPOs perform differently from IPOs underwritten by … specialized investment banks. We find that universal-bank affiliation is correlated with higher first-day returns (underpricing …. Our results also suggest that preexisting bank relationships, rather than issuer characteristics, may determine …