The study compares the M&A effect on the profitability measures of 63 completed EU banks. The cumulative total standardised abnormal return (CTSAR), which is a proxy for M&A and a long window of 60 days, were used to capture the impact and trends in the profitability of both acquirers. The...

We propose a new method for analysing multi-period stress scenarios for portfolio credit risk more systematically than in the current practice of macro stress testing. Our method quantifies the plausibility of scenarios by considering the distance of the stress scenario from an average scenario....

There has been an outstanding change in the banking sector of India which started two decades ago. However, the scenario was completely different before 1990. Banks were heavily nationalized in the name of sustainable economic growth. In the initial days, banking sector was managed by private...

Over the last twenty years in Vietnam, the financial system in general and the banking system in particular had been transferred from a monopoly system into a diversified system which allows all participants to compete fairly and effectively.Within these past years, the banking system in Vietnam...

Banks play an important role in the financial system of an economy. According to the theory of financial intermediation, they exist because they can reduce transaction costs and resolve information asymmetries between borrowers and lenders. However, as developments in information technology...

Banks in the modern day society, almost everywhere, play a multifarious role, which includes unifying and intermediary roles between the fund-supplying and fund-demanding sides of the society, executing savings and investment functions. Considering the requirements for protection of the rights...

The paper examines the slowdown of lending by large U.S. banks over the period 2007Q3 - 2009Q2, focusing on: (i) whether capital or liquidity was the binding constraint; (ii) factors influencing banks' decision to hold capital; and (iii) their pricing behavior. Using quarterly data for the...