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Using data from bank holding company regulatory reports, we examine the relationshipbetween stock repurchases and financial performance for a large sample of bank holding companies over the years 1987 to 1998. The primary result is that higher levels of repurchases in one year are associated...
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area, unlike some areas of investment banking, commercial banks have always been allowed to compete directly with … area, unlike some areas of investment banking, commercial banks have always been allowed to compete directly with … returns for bank advisors when they advise their own loan customers in acquiring other firms. -- Relationship banking …
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-taking incentive prevailed during 1986-92, a period characterized by serious banking problems and financial turmoil. We find that …
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was thus an effective public policy tool, at least banking sector. …
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