network of interbank exposures may lead to domino effects following the event of an initial bank failure. The structure of the …

This paper studies the impact of bank mergers on firm-bank lending relationships using information from individual loan … contracts in Belgium. We analyse the effects of bank mergers on the probability of borrowers maintaining their lending … relationships and on their ability to continue tapping bank credit. The environment reflects a number of interesting features: high …

policies to address the role of brown legacy positions and heterogeneous bank business models. …

Assessing the impacts of bank mergers on small firms requires separating borrowers with single versus multiple banking …-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 …