concentration indices (k bank concentration ratios (CR5) and the Herfindahl-Hirschman indices (HHI)).Empirical analysis shows that …

The study examines the value creation of Merger and Acquisition (M&A) deals in European Banking from 1990-2004. This is …

they acquired many privately listed banks. Our analysis of the acquisition of the private bank Crédit Lyonnais by the … mutual bank Crédit Agricole illustrates three findings. First, the mutual bank had to create a new private bank (CASA), which … controlling shareholders (mutual bank) and minority shareholders of CASA. Second, the weak governance of CASA enabled managers to …

This paper conjectures that when a bank's borrowing clients merge, the merger reduces the bank's risk. Because banks … this hypothesis. First, banks of the merger firms on average gained positive abnormal returns upon announcements of mergers … between their clients. Second, wealth gain to banks partially stemmed from the acquirers' pre-merger slack, which was used …

goal of this paper is to investigate the change in operating performance, efficiency, and value addition of US bank mergers … examine the factors that have significant impact on changes in bank performance. Our empirical results lead to the conclusion … that the industry-adjusted operating performance of merged banks increases significantly after a merger. This finding is …

associations of capital ratio with announcement period abnormal returns, longer-term performance, as well as certain bank …-specific and non-bank specific performance measures. For banks, we find that a lower capital ratio of acquirers at the time of the …, the longer-run abnormal returns and performance are positive. The opposite is true for non-bank M&A announcements: higher …

Abstract: Using a unique sample of 425 bank mergers in the US announced between 2000 and 2008 this paper provides clear … evidence supporting the collusion and productive efficiency hypotheses. By analyzing 425 bank mergers and a total of 1112 … attributed to either the collusion, productive efficiency, acquisition probability or pre-emptive merger hypothesis. In contrast …

-relationship borrowers who "switch" to another bank following a merger will be less harmed than those whose relationship is "dropped" and not … to be dropped. We track post-merger performance and show that many dropped target-bank borrowers are harmed by the merger …Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …

We empirically examine the impact of bank consolidation on bank acquisition of soft information about borrowers. Using … complexity upon a merger, rather than a post-merger cost-cut, is likely to cause a negative and significant impact on soft …