We empirically examine the impact of bank consolidation on bank acquisition of soft information about borrowers. Using … complexity upon a merger, rather than a post-merger cost-cut, is likely to cause a negative and significant impact on soft …

facilitate merger and acquisition (M&A) deals. We find that firms are significantly more likely to become targets if they borrow …

results indicate that, relative to counties where the acquirer had operations before the merger, local SBL declined … significantly more in counties where only the target had operations before the merger. This result holds even after controlling for … funding to local small businesses. The absence of local community banks that became a target of a merger or acquisition 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 …

. Using supervisory trade-level data, we show that banks with closer ties to a target advisor in a takeover buy more stocks of … find such effects for bank connections to acquirer advisors or for trades in acquirer stocks. Target advisors benefit from … leaking information about takeover bids to connected banks, as it drives up the final offer price without compromising the …

. Using supervisory trade-level data, we show that banks with closer ties to a target advisor in a takeover buy more stocks of … ffnd such effects for bank connections to acquirer advisors or for trades in acquirer stocks. Target advisors benefit from … leaking information about takeover bids to connected banks, as it drives up the premium paid without compromising the …

merger related effects on small business lending in Germany from a bank-level perspective. Furthermore, we estimate small … businesses compared to prior to the merger or compared to the contemporaneous lending by non-merging banks. We investigate the … for panel data as proposed by Arellano and Bond (1991). -- Bank mergers ; small business lending …