Fusionen von Genossenschaftsbanken haben in den vergangenen Jahren im genossenschaftlichen Finanzverbund große Bedeutung erlangt. Dies wird von den beiden IfG-Mitarbeitern Dirk Lamprecht und Christian Strothmann zum Anlass genommen, sich grundsätzlich mit den Bewertungsmethoden bei...

This paper suggests a motive for bank mergers that goes beyond alleged and typically unverifiable scale economies: preemtive resolution of banks' financial distress. Such "distress mergers" can be a significant motivation for mergers because they can foster reorganizations, realize...

Motivated by the recent discussion of the declining importance of deposits as banks' major source of funding we investigate which factors determine funding costs at local banks. Using a panel data set of more than 800 German local savings and cooperative banks for the period from 1998 to 2004 we...