banks spanning the period 1996-2011, and the methodology of panel regression, the empirical findings document the …

bank’s financial condition decreases welfare if the government is strongly pro-continuation. …

Public Sector Banks (“PSB firms”) to the new bankruptcy environment in terms of their borrowing decisions. Our results …

German banks experienced a merger wave throughout the 1990s. However, the success of bank mergers remains a continuous … CE levels above the average of non-merging banks. Second, banks must exhibit CE changes between merger and evaluation … year above efficiency changes of non-merging banks. We employ this taxonomy to characterise (successful) mergers in terms …

Banks increasingly use short-term wholesale funds to supplement traditional retail deposits. Existing literature mainly … points to the "bright side" of wholesale funding: sophisticated financiers can monitor banks, disciplining bad but …, e.g., when banks hold mostly relationship-based small business loans. …