Author: Rym Ayadi
Publisher: CEPS
ISBN: 9789290794790
Category : Bank mergers
Languages : en
Pages : 108
Book Description
Banking Consolidation in the EU
Author: Rym Ayadi
Publisher: CEPS
ISBN: 9789290794790
Category : Bank mergers
Languages : en
Pages : 108
Book Description
Publisher: CEPS
ISBN: 9789290794790
Category : Bank mergers
Languages : en
Pages : 108
Book Description
The Transformation of the European Financial System
Author: Vitor Gaspar
Publisher:
ISBN: 9789291813483
Category : Banks and banking
Languages : en
Pages : 334
Book Description
Publisher:
ISBN: 9789291813483
Category : Banks and banking
Languages : en
Pages : 334
Book Description
The Development of Modern Spain
Author: Gabriel Tortella Casares
Publisher: Harvard University Press
ISBN: 9780674000940
Category : Business & Economics
Languages : en
Pages : 552
Book Description
This reinterpretation of the history of modern Spain from the Enlightenment to the threshold of the twenty-first century explains the surprising changes that took Spain from a backward and impoverished nation, with decades of stagnation, civil disorder, and military rule, to one of the ten most developed economies in the world. The culmination of twenty years' work by the dean of economic history in Spain, founder of the Revista de Historia Económica and recipient of the Premio Rey Juan Carlos, Spain's highest honor for an academic, the book is rigorously analytical and quantitative, but eminently accessible. It reveals views and approaches little explored until now, showing how the main stages of Spanish political history have been largely determined by economic developments and by a seldom mentioned factor: human capital formation. It is comparative throughout, and concludes by applying the lessons of Spanish history to the plight of today's developing nations.
Publisher: Harvard University Press
ISBN: 9780674000940
Category : Business & Economics
Languages : en
Pages : 552
Book Description
This reinterpretation of the history of modern Spain from the Enlightenment to the threshold of the twenty-first century explains the surprising changes that took Spain from a backward and impoverished nation, with decades of stagnation, civil disorder, and military rule, to one of the ten most developed economies in the world. The culmination of twenty years' work by the dean of economic history in Spain, founder of the Revista de Historia Económica and recipient of the Premio Rey Juan Carlos, Spain's highest honor for an academic, the book is rigorously analytical and quantitative, but eminently accessible. It reveals views and approaches little explored until now, showing how the main stages of Spanish political history have been largely determined by economic developments and by a seldom mentioned factor: human capital formation. It is comparative throughout, and concludes by applying the lessons of Spanish history to the plight of today's developing nations.
Investigating Diversity in the Banking Sector in Europe
Author: Rym Ayadi
Publisher:
ISBN: 9789461380425
Category : Business & Economics
Languages : en
Pages : 0
Book Description
A midst stormy waters, financial systems develop and evolve. New institutional forms and instruments are invented and put into use. Some of them turn out to be successful while others disappear: a natural process of creative and dynamic competition argues for diversity. Diversity offers an optimal environment in which new ideas can come to life, existing ideas can evolve and old ideas make a comeback. In the aftermath of the financial crisis, the foundations of several decades of modern and innovative financial systems have suffered serious damage. This has triggered massive state interventions and has led authorities to revamp the regulatory structures and frameworks. While many voices have called for a return to more traditional approaches to banking and finance, no one has argued the merits of diversity. This book investigates the merits of a diverse banking system with a special focus on the performance and role of cooperative banks in seven European countries where they are prominent (Austria, Finland, France, Germany, Italy, the Netherlands and Spain). The theoretical and empirical arguments that are developed in this book tend to support the view that it is economically beneficial to have stakeholder-value banks with a dual bottom-line function, such as cooperative banks. For those who accept this premise, it would suggest that policy-makers should not take or support actions that could jeopardise this valuable element of the financial system in various countries in Europe and of the emerging integrated European financial system. Book jacket.
Publisher:
ISBN: 9789461380425
Category : Business & Economics
Languages : en
Pages : 0
Book Description
A midst stormy waters, financial systems develop and evolve. New institutional forms and instruments are invented and put into use. Some of them turn out to be successful while others disappear: a natural process of creative and dynamic competition argues for diversity. Diversity offers an optimal environment in which new ideas can come to life, existing ideas can evolve and old ideas make a comeback. In the aftermath of the financial crisis, the foundations of several decades of modern and innovative financial systems have suffered serious damage. This has triggered massive state interventions and has led authorities to revamp the regulatory structures and frameworks. While many voices have called for a return to more traditional approaches to banking and finance, no one has argued the merits of diversity. This book investigates the merits of a diverse banking system with a special focus on the performance and role of cooperative banks in seven European countries where they are prominent (Austria, Finland, France, Germany, Italy, the Netherlands and Spain). The theoretical and empirical arguments that are developed in this book tend to support the view that it is economically beneficial to have stakeholder-value banks with a dual bottom-line function, such as cooperative banks. For those who accept this premise, it would suggest that policy-makers should not take or support actions that could jeopardise this valuable element of the financial system in various countries in Europe and of the emerging integrated European financial system. Book jacket.
The Future of European Banking
Author: Jean-Pierre Danthine
Publisher: Centre for Economic Policy Research
ISBN: 9781898128380
Category : Business & Economics
Languages : en
Pages : 146
Book Description
This report first analyzes what lies behind the historic segmentation of EU financial markets because a clear view about these issues is needed to predict the changes that EMU will bring about. The authors then examine the policy implications of these changes and propose measures to address the problems that may be encountered.
Publisher: Centre for Economic Policy Research
ISBN: 9781898128380
Category : Business & Economics
Languages : en
Pages : 146
Book Description
This report first analyzes what lies behind the historic segmentation of EU financial markets because a clear view about these issues is needed to predict the changes that EMU will bring about. The authors then examine the policy implications of these changes and propose measures to address the problems that may be encountered.
Europe's Hidden Capital Markets
Author: Jean-Pierre Casey
Publisher: CEPS
ISBN: 9290795964
Category : Business & Economics
Languages : en
Pages : 142
Book Description
Assessing regulatory measures taken at the EU level that impact European bond markets, this book examines the desirability, utility, and feasibility of certain policy measures.
Publisher: CEPS
ISBN: 9290795964
Category : Business & Economics
Languages : en
Pages : 142
Book Description
Assessing regulatory measures taken at the EU level that impact European bond markets, this book examines the desirability, utility, and feasibility of certain policy measures.
The Success of Bank Mergers Revisited
Author: Andreas Behr
Publisher:
ISBN:
Category :
Languages : en
Pages : 40
Book Description
The question of whether or not mergers and acquisitions have helped to enhance banks' efficiency and profitability has not yet been conclusively resolved in the literature. We argue that this is partly due to the severe methodological problems involved. In this study, we analyze the effect of German bank mergers in the period 1995-2000 on banks' profitability and cost efficiency. We suggest a new matching strategy to control for the selection effects arising from the fact that predominantly under-performing banks engage in mergers. Our results indicate a neutral effect of mergers on profitability and a positive effect on cost efficiency. Comparing our results with those obtained from a naive performance comparison of merging and non-merging banks indicates a severe negative selection bias with regard to the former.
Publisher:
ISBN:
Category :
Languages : en
Pages : 40
Book Description
The question of whether or not mergers and acquisitions have helped to enhance banks' efficiency and profitability has not yet been conclusively resolved in the literature. We argue that this is partly due to the severe methodological problems involved. In this study, we analyze the effect of German bank mergers in the period 1995-2000 on banks' profitability and cost efficiency. We suggest a new matching strategy to control for the selection effects arising from the fact that predominantly under-performing banks engage in mergers. Our results indicate a neutral effect of mergers on profitability and a positive effect on cost efficiency. Comparing our results with those obtained from a naive performance comparison of merging and non-merging banks indicates a severe negative selection bias with regard to the former.
European Banking Supervision
Author: André Sapir
Publisher:
ISBN: 9789078910411
Category : Business & Economics
Languages : en
Pages : 182
Book Description
European banking supervision, also known as the Single Supervisory Mechanism, is the first and arguably the main component of European banking union. In late 2014, the European Central Bank became the supervisor for the region's largest banking groups; the ECB also oversees the supervision by national authorities of smaller banks. This Blueprint is the first in-depth study of how this ground-breaking reform is working in practice. Despite teething troubles and occasional misjudgements, this assessment finds that overall European banking supervision has been effective, demanding and broadly fair, at least for the banks under the ECB's direct watch. Even so, achieving a truly single market in banking services will require more time, further supervisory initiatives and new Europe-wide regulatory and legislative steps.
Publisher:
ISBN: 9789078910411
Category : Business & Economics
Languages : en
Pages : 182
Book Description
European banking supervision, also known as the Single Supervisory Mechanism, is the first and arguably the main component of European banking union. In late 2014, the European Central Bank became the supervisor for the region's largest banking groups; the ECB also oversees the supervision by national authorities of smaller banks. This Blueprint is the first in-depth study of how this ground-breaking reform is working in practice. Despite teething troubles and occasional misjudgements, this assessment finds that overall European banking supervision has been effective, demanding and broadly fair, at least for the banks under the ECB's direct watch. Even so, achieving a truly single market in banking services will require more time, further supervisory initiatives and new Europe-wide regulatory and legislative steps.
European Banking
Author: John A. Goddard
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : de
Pages : 320
Book Description
Table of contents
Publisher: John Wiley & Sons
ISBN:
Category : Business & Economics
Languages : de
Pages : 320
Book Description
Table of contents
Europe's Untapped Capital Market
Author: Diego Valiante
Publisher: Centre for European Policy Studies
ISBN: 9781786600448
Category : Capital market
Languages : en
Pages : 0
Book Description
This book builds on a year-long discussion with a group of academics, policy-makers and industry experts to provide a long-term contribution to the Capital Markets Union project, launched by the European Commission in 2015. It identifies 36 cross-border barriers to capital mar...
Publisher: Centre for European Policy Studies
ISBN: 9781786600448
Category : Capital market
Languages : en
Pages : 0
Book Description
This book builds on a year-long discussion with a group of academics, policy-makers and industry experts to provide a long-term contribution to the Capital Markets Union project, launched by the European Commission in 2015. It identifies 36 cross-border barriers to capital mar...