Showing 1 - 10 of 32,912
measured by the Z-score technique while controlling for macroeconomic, bank-specific, regulatory, and institutional factors …
Persistent link: https://www.econbiz.de/10003894737
We analyze a large merger in the Dutch banking market during the financial crisis using disaggregated data. Based on a merger simulation model, we evaluate merger-induced changes in the interest rates for savings accounts. We find that the merging banks decreased interest rates by 3 to 5 percent...
Persistent link: https://www.econbiz.de/10012118754
to explain the deposit rate dynamics following bank mergers. We find a strong and sharp post-merger convergence between …
Persistent link: https://www.econbiz.de/10012430779
We analyze the takeover premiums paid for a sample of European bank mergers between 1997 and 2007. We find that … acquiring banks value profitable, high-growth, and low-risk targets. We also find that the strength of bank regulation and … supervision and of deposit insurance regimes in Europe has measurable effects on takeover pricing. Stricter bank regulatory …
Persistent link: https://www.econbiz.de/10008664119
and measures competition vis-à-vis other market participants. We apply this extended Boone indicator to individual bank …
Persistent link: https://www.econbiz.de/10014526654
impact on the European banking sector and the European economy. The European Central Bank (ECB) and the Single Resolution …
Persistent link: https://www.econbiz.de/10012587341
This paper studies the bilateral drivers of mergers and acquisitions (M&As) between European banks. Two findings document that banks use M&A as a device to leverage their expertise rather than to diversify. (i) Following the literature on matrimonial matching by using a binary logit model, the...
Persistent link: https://www.econbiz.de/10013265942
countries and over the years. The statistical results indicated that while some differences in bank behavior as indicated by the …. European bank behavior gave evidence of being in harmony and uniform over countries and years. Some policy implications are … discussed briefly. -- Bank behavior ; Profit ; Capital account ratios ; Harmonization …
Persistent link: https://www.econbiz.de/10009553208
We study the dependence between the downside risk of European banks and insurers. Since the downside risk of banks and insurers differs, an interesting question from a supervisory point of view is the risk reduction that derives from diversification within large banks and financial...
Persistent link: https://www.econbiz.de/10011346454
This paper presents a theory that explains why it is beneficial for banks to engage in circular lending activities on the interbank market. Using a simple network structure, it shows that if there is a non-zero bailout probability, banks can significantly increase the expected repayment of...
Persistent link: https://www.econbiz.de/10010226037