This study looks at the determinants of profitability in the GCC banking system over the period 1999 to 2012. Variables which are bank specific, financial sector specific and macroeconomic are used as explanatory variables in the balanced panel regressions. Among the bank-specific variables,...

Market liquidity is of value to both investors and issuers of securities, and is therefore a crucial factor in asset pricing. For the important asset class of Eurobonds, significant feedback from liquidity to pricing is established, and it is shown that bid-ask spreads (a proxy for market...