In the last decade, most credit-industries registered a decline in lending volumes, with the exception of the factoring industries that instead registered a substantial increase. Surprisingly, only a handful of papers so far investigate factoring companies. Do factoring firms display the same...

Did the Comprehensive Assessment (CA), preceding the Single Supervisory Mechanism's launch in Europe, achieve its aims of producing new valuable information for the market? We show that the CA achieved the goal of increasing transparency: investors were able to detect weak banks at the...