the possibility for regulatory arbitrage across jurisdictions or industry definitions, and the potential for a loosely … regulated shadow finance sector to arise. Here, insurance is used as a case study to demonstrate that regulatory arbitrage can …

the financial performance in the combined banks, partly due to the motivation of regulatory arbitrage of bank managers in …Using a database of more than 2,000 international bank M&A deals completed between 1990 and 2007 and the unique bank … regulation data collected by Barth, Caprio, and Levine (2006), we analyze the effects of bank regulations on bank's cross …

We study how differences in bank regulation influence cross-border bank acquisition flows and the share price reactions … between 1995 and 2012, we find evidence of a form of “regulatory arbitrage” in which acquisition flows involve acquirers from … positive and larger when acquirers come from more restrictive bank regulatory environments. We interpret this evidence as more …

Banks are regulated more than most firms, making them good subjects to study regulatory arbitrage (avoidance). Their … latest arbitrage opportunity may be the new leverage rule covering the largest U.S. banks; leverage rules require equal …. Despite the risk-shifting, overall bank risk did not increase, evidently because the banks most constrained by the new …