The UBS- Credit Suisse (CS) merger in March 2023, one of the biggest banking unions in history, was an emergency rescue … deal engineered by Swiss authorities to avoid more market-shaking turmoil in global banking. The merger resulted in a … around the merger announcement through abnormal returns to UBS stockholders (7.95%) and CS bondholders (34.74%), equivalent …

risk on average. This effect is particularly pronounced for pre-merger low-risk insurers and reinsurers. As Solvency II … generally aims to enhance the soundness of the insurance sector and its firms, policymakers should be aware of this merger … study reveals that merger-related default risk changes are mostly driven by acquirer characteristics and to a limited extent …

Merger (RM) firms. We provide evidence that, contrary to the popular focus by the business press, earnings management happens … reverse merger. Results of tests on these firm-level factors indicate that the differences in earnings quality are both …

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 … indicate statistically significant investor reactions around the merger announcements. For individual target and bidder banks …

misvaluation merger theories. Test results are consistent with evidence in the literature that merger activity is significantly … merger activity …