Showing 1 - 10 of 121,330
The recent banking sector shakeup in Ghana resulted in a wave of bank failures, leading to mergers and consolidations … of several banks. This study analyses the financial performance of commercial banks before the crises of the banking … sector in 2017. Four out of the affected banks were selected based on the availability of financials over four years …
Persistent link: https://www.econbiz.de/10014265134
This paper studies the impact of recent mergers and acquisitions (M&As) on the cost and profit efficiency of banks in … Greece. To this end, three methods have been applied: (i) analysis of developments in certain cost and profit indicators and … their dispersion for bank groups according to their size; (ii) calculation of cost and profit inefficiency (relative to the …
Persistent link: https://www.econbiz.de/10013404644
This study examines the response of Greek bank stock prices to the announcement of intended mergers and acquisitions (M …&As) during the period 1998-1999, applying a standard event study methodology. The results show that both the acquiring banks and …, albeit to a lesser extent, the target banks experience significant positive abnormal stock returns that last for a few days …
Persistent link: https://www.econbiz.de/10013404683
The UBS- Credit Suisse (CS) merger in March 2023, one of the biggest banking unions in history, was an emergency rescue … deal engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. The merger resulted in a … around the merger announcement through abnormal returns to UBS stockholders (7.95%) and CS bondholders (34.74%), equivalent …
Persistent link: https://www.econbiz.de/10014349670
, regulatory and supervisory framework governing banking stability in Greece in the era of the European Banking Union and its …
Persistent link: https://www.econbiz.de/10012978304
The concept of mergers and acquisitions has been an interesting area of study in the literature of finance (Sharma … acquisitions (M&As) on the performance of banks involved in M&As in the Nigerian banking industry. With the aid of financial ratios … and t-test, the post-merger performance of seven banks listed on the Nigerian Stock Exchange (NSE) that completed an M …
Persistent link: https://www.econbiz.de/10012824019
German banks experienced a merger wave throughout the 1990s. However …
Persistent link: https://www.econbiz.de/10012989318
that it is beneficial to be a non-merging rival firm to a large horizontal merger. Using a sample of mergers with expert …It is commonly perceived that firms do not want to be outsiders to a merger between competitor firms. We instead argue … merger announcement date. Further, we find that the stock reaction of rivals to merger events is not sensitive to merger …
Persistent link: https://www.econbiz.de/10010364303
returns. Our results cast doubt on the usefulness of announcement returns as a measure of the value created in acquisitions …
Persistent link: https://www.econbiz.de/10012263196
to identify the effects of prohibiting start-up acquisitions. We differentiate between killer acquisitions (when the … incumbent does not commercialize the acquired start-up's technology) and acquisitions with commercialization. A restrictive …
Persistent link: https://www.econbiz.de/10012438192