addition to general sluggishness, bank deposit rates' reactions are clearly asymmetric: flexible when market rates are …

-step procedure: we first estimate bank-level cost efficiency scores for a large sample of Italian banks in the period 1993-2013 by …

The literature has shown that in the short- and medium-term bank mergers and acquisitions (M&As) may generate a … temporary reduction in firm credit. Using bank-firm matched data, this paper investigates the impact of M&As involving Italian … existing evidence. The drop is smaller for infra-group mergers, when the target is healthy or is the firm’s main bank, while is …

period 1998-2005 and discusses the results from the perspective of corporate bank strategy. Methodologically the existing … concentration of the national financial sector have a considerable impact on a bank's financial performance. Both issues proved to …

of individual banks. In particular, we analyse the value relevance of bank cost efficiency and total factor productivity …

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 …

become more important due to the heterogeneity in bank taxation rules across Europe: measuring the tax burden can provide a … taxation between Italy, France, Germany, Spain and the UK, the paper provides estimates for the tax burden and deferred tax … assets in these countries over the years 2006-2014; the impact of differences in taxation on bank profitability is also …