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The Italian and German banking systems shared similar characteristics early in the 1990s but have evolved in different directions since then: Italy privatized its publicly-owned banks while Germany has maintained a large share of state-owned savings banks. Contemporaneously, banks in both...
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problems involved. In this study, we analyze the effect of German bank mergers in the period 1995-2000 on banks' profitability …
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The inability of most bank merger studies to control for hidden bailouts may lead to biased results. In this study, we … employ a unique data set of approximately 1,000 mergers to analyze the determinants of bank mergers. We use data on the …
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German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous …
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