In the past 20 years, large digital platforms have made many acquisitions, mainly young and innovative startups. Few of …

We review historical and current research on mergers and acquisitions. The literature is extensive. After a discussion … into play in cross-border acquisitions. Importantly, we provide perspective on the historical development of the study of M …

Banks are growing ever larger compared to their national economies. We show that increases in relative bank size … (measured as a bank's liabilities divided by national GDP) are linked to banks displaying higher tail risk. This effect is not …, or banking crises. Instead, we detect a persistent component in the tail risk of relatively large banks that is bank …

system commonly used by banks. The system estimates probabilities of default for various time horizons between three months …

UK Merger control is an example of regulation which has shifted from a public interest regime to an economics based … system of competition assessment. This paper asks whether the merger of Lloyds TSB and HBOS in 2008, on public interest … grounds, marked the failure of an enduring economics based system of merger regulation. It argues that far from marking a …

of individual balance sheets from more than 400 banks, Patrice Baubeau, Eric Monnet, Angelo Riva & Stefano Ungaro show … main commercial banks. The primary transmission channel was a flight-to-safety of deposits from banks to savings … institutions and the central bank, leading to a major, persistent disruption in business lending. In line with the gold standard …

panic ensued with bank assets transitioning into an information sensitive state. Third, we show that Ohio Life's failure and … the subsequent state transition caused significant uncertainty and hysteresis amongst banks by revealing a critical … vulnerability in New York state bank regulation. We conclude that is was the manner in which Ohio Life failed that links it to the …