This paper analyzes the effects of bank mergers on bank firm relationships. Using matched bank-firm level data, I find … positive effects of mergers for borrowers that continue the lending relationship with the consolidated bank. On average …

bank loans to U.S. firms over the period of 1980- 2003. We find that investors react positively to such announcements if …’s headquarters state. Investor reaction is, in fact, the largest when the bank is foreign. Our evidence suggest that investors value … bank identities and reputation seem to matter a great deal. …

We find evidence of a bank lending channel for the euro area operating via bank risk. Financial innovation and the new … ways to transfer credit risk have tended to diminish the informational content of standard bank balance-sheet indicators …. We show that bank risk conditions, as perceived by financial market investors, need to be considered, together with the …

We analyze the impact of efficiency on bank risk. We also consider whether bank capital has an effect on this … supporting the bad management and efficiency version of the moral hazard hypotheses. In contrast, bank efficiency improvements … contribute to shore up bank capital levels. Our findings suggest that banks lagging behind in their efficiency levels might …

identifies current challenges for the bank-based financial sectors as mainly stemming from: (i) high or rising domestic credit …

factor. The pull factor captures flows of bank loans to the domestic non-financial private sector. An increase in these flows … less clear-cut. The paper also shows that variations in the flows of bank loans to the non-financial private sector (i …

enhances the incentives of banks to expand within Euroland. Yet, while the currency bias in bank portfolios will be eliminated …

We examine the dynamics of bank lending to the private sector for countries of the Euro area by applying a Markov …-movement with the development of the stock market. We interpret this as evidence for constraints in bank lending. In contrast, the …

-out guarantee. The reason is that the prospect of a bail-out induces the protected bank to expand, thereby intensifying competition … in the deposit market and depressing other banks? margins. In contrast, the effects on the protected bank?s risk …