During normal times, strengthening the financial stability of banks is associated with contradictory effects on returns …. In this paper, we establish that liquidity and capital ratios had a positive impact on bank returns during the first … identify deposit franchise and risk management as two key channels through which stronger financial stability improved bank …

(after bank deregulation had expanded banks' risk-taking opportunities) and acquisitions completed by the largest banks in … risk-inducing mergers. Our findings are driven by two types of acquisitions: acquisitions completed during the last decade …We analyze how the structure of executive compensation affects the risk choices made by bank CEOs. For a sample of …

cost inefficiency. For takeovers by banks, a significant negative relationship between cost inefficiency and takeover is … takeover of U.S. thrifts during a period of market liberalization and widespread takeover activity, 1994 to 2000. In the first …

I study the relative importance of lending and deposit-taking for bank value. Comparing outcomes for winning banks to … runner-up bidders in failed bank auctions, I find winners experience a 1.5% abnormal return and this increase is mainly due … to deposits, not loans. After acquisition, the winning bank cuts lending to the failed bank's borrowers and closes …

large banks) have been receiving, there is no consistent picture of the impact of mergers on the stability of the financial … system. In this paper, we aim to provide a universal framework to study the generic effect of mergers and acquisitions on the … diversification of single banks and support their resilience to shocks, and may slow down contagious default. However, merger …

Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …

banks in the domestic mergers is also positive but is largely impacted by the substantial positive CAR of one bidder bank … categorize the sample M&A deals as (1) Acquisition of Pakistani banks by the foreign investors, (2) Merger of Pakistani banks … with the other domestic banks and (3) Merger of Pakistani banks with the foreign banks operating in Pakistan. The results …

We investigate the impact of cross-border takeovers on target banks' profitability, efficiency, and market share in … for the presence of temporary unobservable factors. Our results show that foreign investors have acquired Ukrainian banks … with average efficiency and profitability, and that these indicators did not change significantly post-takeover. By …

concentration indices (k bank concentration ratios (CR5) and the Herfindahl-Hirschman indices (HHI)).Empirical analysis shows that …

The study examines the value creation of Merger and Acquisition (M&A) deals in European Banking from 1990-2004. This is … performed, first, by examining the stock price reaction of banks to the announcement of M&A deals and, second, by analysing the … determinants of this reaction. The findings provide evidence of value creation in European banks as the shareholders of the targets …