subsidiaries. We suggest improvements in governance as well greater disclosure of related party transactions in bank holding …In this paper we study the intra-group transactions between the parent bank and its foreign subsidiaries in European … Union countries during the crisis. We use hand-collected data from annual statements on related party transaction and find …

the financial crisis. Obviously, bank performance decreases dramatically during the crisis. This decrease occurs for all … bank size groups. However, the largest banks see the largest losses. We find several measures of corporate governance … just before and during the crisis. Large banks experience the largest changes in corporate governance. Finally, we find …