The Effect of Mergers and Acquisitions on the Wealth, Risk, and Efficiency of Latin American Banks

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Publisher :
ISBN 13 :
Total Pages : 112 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis The Effect of Mergers and Acquisitions on the Wealth, Risk, and Efficiency of Latin American Banks by : Felice Policastro-Caccavale

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:

Effects of US Bank Mergers on Bank Risk and Value

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Publisher : GRIN Verlag
ISBN 13 : 3638668185
Total Pages : 76 pages
Book Rating : 4.6/5 (386 download)

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Book Synopsis Effects of US Bank Mergers on Bank Risk and Value by : Ingo Forbriger

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.

Intra- and Extra-Bank Determinants of Latin American Banks' Performance

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Publisher :
ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (13 download)

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Book Synopsis Intra- and Extra-Bank Determinants of Latin American Banks' Performance by : Paolo Saona

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.

On Bank Consolidation in a Currency Union

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Publisher : International Monetary Fund
ISBN 13 : 1484352750
Total Pages : 26 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis On Bank Consolidation in a Currency Union by : Fabio Di Vittorio

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.

Dissertation Abstracts International

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Publisher :
ISBN 13 :
Total Pages : 596 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Dissertation Abstracts International by :

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:

Efficiency Effects of Bank Mergers in the US Market

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (912 download)

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Book Synopsis Efficiency Effects of Bank Mergers in the US Market by :

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.

Financial Integration in Latin America

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Publisher : International Monetary Fund
ISBN 13 : 1475577133
Total Pages : 226 pages
Book Rating : 4.4/5 (755 download)

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Book Synopsis Financial Integration in Latin America by : Mr.Charles Enoch

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.

International Financial Integration and Funding Risks: Bank-Level Evidence from Latin America

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Publisher : International Monetary Fund
ISBN 13 : 1484324765
Total Pages : 42 pages
Book Rating : 4.4/5 (843 download)

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Book Synopsis International Financial Integration and Funding Risks: Bank-Level Evidence from Latin America by : Mr.Luis Catão

Download or read book International Financial Integration and Funding Risks: Bank-Level Evidence from Latin America written by Mr.Luis Catão and published by International Monetary Fund. This book was released on 2017-10-31 with total page 42 pages. Available in PDF, EPUB and Kindle. Book excerpt: Using a sample of over 700 banks in Latin America, we show that international financial liberalization lowers bank capital ratios and increases the shares of short-term funding. Following liberalization, large banks substitute interbank borrowing for equity and long-term funding, whereas small banks increase the proportions of retail funding in their liabilities, which have been particularly vulnerable to flight-to-quality during periods of financial distress in much of Latin America. We also find evidence that riskier bank funding in the aftermath of financial liberalizations is exacerbated by asymmetric information, which rises on geographical distance and the opacity of balance sheets.

Bank Consolidation and Performance

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Publisher : International Monetary Fund
ISBN 13 : 1451902026
Total Pages : 35 pages
Book Rating : 4.4/5 (519 download)

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Book Synopsis Bank Consolidation and Performance by : International Monetary Fund

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.

Financial Regulation and Supervision in Emerging Markets

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ISBN 13 :
Total Pages : 30 pages
Book Rating : 4.:/5 (318 download)

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Book Synopsis Financial Regulation and Supervision in Emerging Markets by : Barbara Stallings

Download or read book Financial Regulation and Supervision in Emerging Markets written by Barbara Stallings and published by . This book was released on 2002 with total page 30 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Reform of Latin American Banking Systems

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Publisher : Springer
ISBN 13 :
Total Pages : 380 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Reform of Latin American Banking Systems by : Joseph Jude Norton

Download or read book Reform of Latin American Banking Systems written by Joseph Jude Norton and published by Springer. This book was released on 2000-02-22 with total page 380 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book discusses current issues affecting the development of banking activities in the Latin American region, together with various perspectives on possible reform. It presents a comparative study of several Latin American banking systems and their supervisory bodies, and examines the institutional structures put in place following the reforms of the last decade. There is further discussion about the relationship that should exist between regulations and discretionary power when banks face difficulties. These various subjects are explored through national case studies including Brazil, Ecuador, Venezuela, Colombia, Peru, Mexico, Bolivia, Guatemala, Argentina, Costa Rica, and - by way of comparison - the United States and Canada. In addition, the book covers general discussion of the wider international context. There is comparative study of the structure of supervisory bodies in developed countries and the implications for developing countries, and of how recent international trends in banking supervision have been reflected in the experiences of Latin American countries. The authors examine the recent crises experienced by South East Asian financial systems and the ways in which they could impact Latin America. The book also investigates the integration of banking markets at an international level and the harmonisation of different regulatory frameworks. A study of the European Union experience provides a background for the discussion of harmonisation in the MERCOSUR countries.

Concentration and Foreign Penetration in Latin American Banking Sectors

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Publisher :
ISBN 13 :
Total Pages : 37 pages
Book Rating : 4.:/5 (538 download)

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Book Synopsis Concentration and Foreign Penetration in Latin American Banking Sectors by : Eduardo Levy Yeyati

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:

Transparency and Truth in Latin American Banking

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Publisher : Center
ISBN 13 :
Total Pages : 360 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Transparency and Truth in Latin American Banking by : National Law Center for Inter-American Free Trade

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:

The Effects of Mergers on Bank Efficiency

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Publisher :
ISBN 13 :
Total Pages : 364 pages
Book Rating : 4.:/5 (575 download)

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Book Synopsis The Effects of Mergers on Bank Efficiency by : Victor Tshisikhawe Munyama

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:

Money and Banking in Latin America

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Publisher : New York : Praeger Publishers
ISBN 13 :
Total Pages : 324 pages
Book Rating : 4.F/5 ( download)

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Book Synopsis Money and Banking in Latin America by : Mario Rietti

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:

Consolidation and Efficiency in the Financial Sector

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Publisher :
ISBN 13 :
Total Pages : 68 pages
Book Rating : 4.X/5 (4 download)

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Book Synopsis Consolidation and Efficiency in the Financial Sector by : Dean F. Amel

Download or read book Consolidation and Efficiency in the Financial Sector written by Dean F. Amel and published by . This book was released on 2002 with total page 68 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Efficiency Effects of Bank Mergers and Acquisitions

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Publisher :
ISBN 13 :
Total Pages : pages
Book Rating : 4.:/5 (67 download)

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Book Synopsis Efficiency Effects of Bank Mergers and Acquisitions by : Harry Huizinga

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: