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- handle: 10670/1.skssmo
- halshs: halshs-01360952
info:eu-repo/semantics/OpenAccess
Mots-clés
Financial Crisis Mergers and Acquisitions Probability of Default Solvency Investment Banking G - Financial Economics/G.G1 - General Financial Markets/G.G1.G10 - General G - Financial Economics/G.G2 - Financial Institutions and Services/G.G2.G21 - Banks • Depository Institutions • Micro Finance Institutions • Mortgages G - Financial Economics/G.G3 - Corporate Finance and Governance/G.G3.G34 - Mergers • Acquisitions • Restructuring • Corporate GovernanceSujets proches
Acquisitive desire Grasping (Psychology) Investment banks Banks and banking, Investment Funds Funding Banking Banking industry Commercial banks Agricultural banks Depository institutions Finance, commerce, confiscations, etcCiter ce document
Saqib Aziz et al., « Bank Acquisitiveness and Financial Crisis Vulnerability », HAL-SHS : économie et finance, ID : 10670/1.skssmo
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We investigate the relation between European bank acquisitiveness during the period 1990-2006 and the vulnerability of banks to the financial crisis. Our main tests use distance to default and Z-score ratios to estimate banks impact from the financial crisis in terms of bankruptcy risk and solvency. The findings shed new light on whether bank acquisitions really did contribute towards weakness; and suggest that only acquisitions of investment banking assets increased risk, while acquisition of retail banking assets actually lowered solvency risk.