Showing 1 - 10 of 8,712
Persistent link: https://www.econbiz.de/10011716351
Have bank regulatory policies and unconventional monetary policies - and any possible interactions - been a factor … behind the recent "deglobalisation" in cross-border bank lending? To test this hypothesis, we use bank-level data from the … capital requirements tend to reduce international bank lending and some forms of unconventional monetary policy can amplify …
Persistent link: https://www.econbiz.de/10011415783
Have bank regulatory policies and unconventional monetary policies — and any possible interactions — been a factor … behind the recent “deglobalisation” in cross-border bank lending? To test this hypothesis, we use bank-level data from the UK … requirements tend to reduce international bank lending and some forms of unconventional monetary policy can amplify this effect …
Persistent link: https://www.econbiz.de/10012999570
This article reviews the impact of Brexit on the European System of Financial Supervision (ESFS) and claims that the withdrawal of the United Kingdom will lead to more centralisation of supervision at EU level and a tightening of the supervision over third countries' markets actors. This...
Persistent link: https://www.econbiz.de/10012860683
The banking sector in the United Kingdom (UK) was deeply affected by the crisis. Bank credit has collapsed reflecting … to improve access to finance united under the roof of the British Business Bank. Further structural reforms are needed to …
Persistent link: https://www.econbiz.de/10011399564
This paper studies the country-level reaction of bank credit default swap (“CDS”) spreads and stock prices to bailout … announcements in the US and five European countries in October 2008. Bailouts announcements are associated with bank CDS spreads … narrowing, both for domestic and foreign banks, pointing to an important role for cross-border exposures. Movements in bank …
Persistent link: https://www.econbiz.de/10012890725
Persistent link: https://www.econbiz.de/10011954325
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
We analyze the reaction of stock returns and CDS spreads of banks from Europe and the United States to four major regulatory reforms in the aftermath of the subprime crisis, employing an event study analysis. In contrast to the public perception that nothing has happened, we find that financial...
Persistent link: https://www.econbiz.de/10013081106