This paper analyses bank exit (ie reorganisation and liquidation) legislation in selected financial centres: New York …, London, Frankfurt, Helsinki and Tokyo. The focus is on bank exit legislation applicable to commercial banks. The legislation … is analysed from the perspective of bank stakeholders, ie bank creditors, depositors and bank shareholders. The analysis …

the reasons vary according to the type of collateral. We use a unique dataset of bank loans granted to French distressed … of the bank to secure a loan, as no type of collateral helps to solve adverse selection and moral hazard problems. The …

bank loans from 43 countries. We test whether the degree information asymmetries affects the link between the presence of …

Bank regulators are required to consider a bank's record of providing credit to low- and moderate-income neighborhoods … and individuals in approving bank applications for mergers and acquisitions. We provide evidence that banks self … or neighborhoods, the greater the probability that the institution will acquire another bank in the following year …

to estimate the betas. This framework incorporates non-linearities in the bank stock return modeling and allows for time …-varying risk premia. Second, we investigate the determinants of market and exchange rate risk in terms of bank financial ratios. To … using data on the Japanese banking institutions, we provide a comparison of the bank interest rate and exchange rate …

unique dataset of bank loans granted to French distressed firms, which contains full information on the type and value of … decision of the bank to secure a loan, as no type of collateral helps to solve adverse selection and moral hazard problems. The …

fixed income unless the value of the bank’s assets falls below a predetermined threshold. In such an event, the debt … obligation is automatically converted to the bank’s common equities. By using a contingent claims valuation approach we present … bank that includes DES or alternatively subordinated debt in its capital structure. We compare and evaluate quantitatively …

) and merger data posted on the Federal Reserve Bank of Chicago web site. Among several results, more permissive interstate …

in bank policies may have contributed to these trends, socioeconomic changes in the population alone can explain the …