Download or read book The Effect of Mergers and Acquisitions on the Wealth Risk and Efficiency of Latin American Banks written by Felice Policastro-Caccavale and published by . This book was released on 2004 with total page 112 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Effects of US Bank Mergers on Bank Risk and Value written by Ingo Forbriger and published by GRIN Verlag. This book was released on 2007-07 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: Seminar paper from the year 2006 in the subject Business economics - Investment and Finance, grade: 1,3, Humboldt-University of Berlin (Institut f r Bank- und B rsenwesen), course: Hauptseminar Finanzierung, 20 entries in the bibliography, language: English, abstract: This paper observes the impacts of domestic US commercial bank M&As in the 1990s on individual institutions. It shows potential changes in a bank's risk exposure and how these can affect a merged bank's value. It provides a theoretical consideration as well as a review of empirical studies. The result is that a merger might lead to a risk benefit. In this case, there is, c.p., potential for a value increase. Empirically, risk benefits were either absent or offset by managers' higher risk taking.
Download or read book Intra and Extra Bank Determinants of Latin American Banks Performance written by Paolo Saona and published by . This book was released on 2014 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper seeks to examine the determinants of the performance of Latin American banks during the period 1995-2010. The sample of banks is representative of the Latin American region because it includes small and large economies with different levels of development in their financial markets (Argentina, Bolivia, Brazil, Chile, Colombia, Costa Rica, Salvador, Mexico, Nicaragua, Panama, Paraguay, Peru, and Venezuela). The empirical analysis combines intra-bank determinants of its performance (bank-based variables) and extra-bank variables (institutional-based exogenous variables) through the GMM system estimator. The results report remarkable findings. First, that there is a non-monotonic, inverse U-shaped relationship between the capital ratio and profitability, supporting the efficiency-risk, franchise-value, and agency cost hypotheses. Second, asset diversification impacts positively the banks' performance. Third, the high concentration of the banking sector in Latin America caused by the financial liberalization and the mergers during the period of analysis, as well as the international investment (mainly from US and EU), allows banks to take advantage of immature financial markets and generate monopolistic profits. Fourth, despite of all these factors, the results uncover evidence that the measures taken in order to improve market competition such as enforcement of the regulation and transparency have resulted in lower profits for the banking industry. The paper draws some direct policy implications particularly focused on the removal of some remaining barriers to competition in the banking sector.
Download or read book Dissertation Abstracts International written by and published by . This book was released on 2005 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Efficiency Effects of Bank Mergers in the US Market written by and published by . This book was released on 2015 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: This bachelor thesis analyses efficiency effects of mergers and acquisitions in the US banking industry. For that reason 99 mergers and acquisitions are examined that have taken place during 2000-2010. Performance-adjusted accounting data of 99 US acquirers is analyzed in a univariate research model on the one hand and in a multivariate multiple-linear-regression model on the other hand. Results suggest that there is no observable improvement in post-merger efficiency and post-merger performance. In fact, performance even worsens slightly in the post-merger period. Merging banks are facing increasing costs while income does not change significantly. This decrease in performance is attributable to the negative effects of the financial crisis, which had a significantly negative influence on post-merger performance of merging banks.
Download or read book On Bank Consolidation in a Currency Union written by Fabio Di Vittorio and published by International Monetary Fund. This book was released on 2018-04-24 with total page 26 pages. Available in PDF, EPUB and Kindle. Book excerpt: The paper focuses on the impact of diversification on bank performance and how consolidation through mergers and acquisitions (M&A) affects the banking sector’s stability in the Eastern Caribbean Currency Union (ECCU). The paper finds that a lower level of loan portfolio diversification explains higher non-performing loans and earnings volatility of indigenous banks, as compared to foreign competitors in the ECCU. We then simulate bank mergers both within and across ECCU countries by combining individual banks’ balance sheets. The simulation shows that a typical indigenous bank could better diversify against its idiosyncratic risk by merging with other banks across the border. In addition, we point out that M&A, leading to a more asymmetric banking sector, may increase systemic risk.
Download or read book Financial Integration in Latin America written by Mr.Charles Enoch and published by International Monetary Fund. This book was released on 2017-04-10 with total page 226 pages. Available in PDF, EPUB and Kindle. Book excerpt: With growth slowing across much of the Latin America as a result of the end of the commodity supercycle and economic rebalancing in China, as well as fragmentation of the international banking system, policies to stimulate growth are needed. This book examines the financial landscapes of seven Latin American economies—Brazil, Chile, Colombia, Mexico, Panama, Peru, and Uruguay—and makes a case for them to pursue regional financial integration. Chapters set out the benefits to the region of financial integration, the barriers to cross-border activity in banks, insurance companies, pension funds, and capital markets, as well as recommendations to address these barriers. Finally, the volume makes the case that regional integration now could be a step toward global integration in the short term.
Download or read book Bank Consolidation and Performance written by International Monetary Fund and published by International Monetary Fund. This book was released on 2004-08-01 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: We examine a large panel of more than 100 banks from Argentina to study the effects of bank consolidation on performance between December 1995 and December 2000, a period of heavy bank consolidation and relative calm. Overall, we find a positive and significant effect of bank consolidation on bank performance. Bank returns increase with consolidation, and insolvency risk is reduced. Additionally, the study suggests that mergers and privatizations have a beneficial effect on bank returns. The effects of a bank acquisition on return on equity is, however, negative. Acquisitions do not seem to have any effect on risk-adjusted returns. The study also finds that a bank''s insolvency risk is reduced significantly through mergers and privatization and is unrelated to bank acquisitions.
Download or read book Concentration and Foreign Penetration in Latin American Banking Sectors written by Eduardo Levy Yeyati and published by . This book was released on 2003 with total page 37 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Banking Consolidation in the EU written by Rym Ayadi and published by CEPS. This book was released on 2004 with total page 108 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Transparency and Truth in Latin American Banking written by National Law Center for Inter-American Free Trade and published by Center. This book was released on 2001 with total page 360 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book The Effects of Mergers on Bank Efficiency written by Victor Tshisikhawe Munyama and published by . This book was released on 2004 with total page 364 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Money and Banking in Latin America written by Mario Rietti and published by New York : Praeger Publishers. This book was released on 1979 with total page 324 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Efficiency Effects of Bank Mergers and Acquisitions written by Harry Huizinga and published by . This book was released on 2001 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Short term Long term and Efficiency Impacts of Recent Mergers and Acquisitions in the United States Banking Industry written by Adel Al-Sharkas and published by . This book was released on 2004 with total page 155 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book International Financial Linkages of Latin American Banks written by Francisco Ramon-Ballester and published by . This book was released on 2007 with total page 35 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper empirically investigates the extent to which the financial linkages of Latin American banks with the exterior are influenced by political risk and deposit dollarisation. We find that the sum of banks' foreign assets and liabilities is a function of risk-return considerations and excess domestic credit demand. An increase in political risk is shown to be associated with a build-up of foreign positions by the banking sector, but this adverse effecton the banking system is mitigated in economies with a high share of dollarised deposits. These relationships largely hold when the determinants of foreign assets and liabilities are estimated separately, with risk-induced capital flight being moderated by a high degree of deposit dollarisation. While changes in overall country risk including the risk of macrocollapse drive official capital outflows, for a wider measure of capital flight including informal flows only changes in political risk matter. In each case, deposit dollarisation is shown to possess a risk-mitigating property. The results suggest caution with active dedollarisation strategies in highly dollarised economies where political instability remains an issue.
Download or read book Short term Long term and Efficiency Impacts of Recent Mergers and Acquisitions in the United States Banking Industry written by Adel A. Al-Sharkas and published by . This book was released on 2004 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt:
