scholarly journals Impact of the Financial Crisis on Cross-Border Mergers and Acquisitions and Concentration in the Global Banking Industry

2015 ◽  
Vol 58 (2) ◽  
pp. 161-173 ◽  
Author(s):  
Rekha Rao-Nicholson ◽  
Julie Salaber
Keyword(s):  
Financial Crisis ◽  
Mergers And Acquisitions ◽  
Banking Industry ◽  
Cross Border ◽  
Global Banking

Banking Globalization

2019 ◽  
pp. 927-952
Author(s):  
Claudia M. Buch ◽  
Gayle L. Delong
Keyword(s):  
Financial Crisis ◽  
Systemic Risk ◽  
Commercial Banks ◽  
Banking Industry ◽  
International Banking ◽  
Foreign Markets ◽  
Risk Effects ◽  
Cross Border ◽  
International Bank ◽  
International Banks

The financial crisis has renewed interest in the globalization of the banking industry, the patterns of entry into foreign markets, and the effects of complex banking organizations. There is a rich body of literature on international banks, which has recently been expanded by the improved theoretical modeling of the international banking firm and by focusing on implications for (systemic) risk. In this chapter, we focus on three main questions. First, what are the determinants of cross-border entry through acquisitions of commercial banks? Second, what are the effects of cross-border entry on complexity and the efficiency of banks? Third, what are the risk effects of international bank acquisitions, in particular with regard to systemic risk? We begin with a brief summary of the stylized facts, and we conclude with implications for researchers and policymakers.

scholarly journals Driver Countries in Global Banking Network

Entropy ◽  
2020 ◽  
Vol 22 (8) ◽  
pp. 810
Author(s):  
Farzaneh Atyabi ◽  
Olha Buchel ◽  
Leila Hedayatifar
Keyword(s):  
United States ◽  
Principal Component Analysis ◽  
Financial Crisis ◽  
Principal Component ◽  
Bank Lending ◽  
The Past ◽  
Cross Border ◽  
Global Banking ◽  
Over Time

We analyze the network of cross-border bank lending connections among countries from 1977 to 2018. The network includes core countries that lend money and peripheral countries that borrow money from core countries. In nowadays highly connected banking network, financial crisis that start from a country can spread to other countries very fast and cause global affects. We use principal component analysis (PCA) to find the influential lending (core) countries in this network over the years and clusters of borrowing (peripheral) countries related to these impactful core countries. We find three clusters of peripheral countries, with some constant and some changing members over time. This can be a sign of changes in the financial or political interactions among countries. The changes in the role of core countries and how these roles get affected by the important financial crisis in the past decades is investigated. Among 31 of core countries, 7 countries have a partially or constantly important role in the network including France, United Kingdom, United States, Japan, Germany, Chinese Taipei and Switzerland.

scholarly journals The Royal Bank of Scotland and Its Reputational Decline: A Case Study

2015 ◽  
Vol 3 (2) ◽  
pp. 13 ◽  
Author(s):  
Saud Al Taj
Keyword(s):  
Corporate Governance ◽  
Financial Crisis ◽  
Global Financial Crisis ◽  
Banking Industry ◽  
Executive Pay ◽  
Global Recession ◽  
The United Kingdom ◽  
Global Banking ◽  
Difficult Times

After decades of success in the global banking industry, the Royal Bank of Scotland fell to the brink of its collapse in 2008 owing to the recent global financial crisis that entirely shook the financial sector of the United Kingdom. The man whose leadership was once acknowledged for the remarkable success of the bank, former CEO Sir Fred Goodwin, was held entirely responsible for the collapse owing to his decisions of hostile acquisition of the ABN-Amro bank and pushing the banking industry into ‘filthy’ executive pay and bonus culture. The case study will review the evidence from 2000-2009 to discuss the rise and fall of the royal bank in the light of the corporate governance failures during the difficult times of global recession.

The 2007–2008 Global Financial Crisis, and Cross-border Mergers and Acquisitions

2014 ◽  
Vol 6 (3) ◽  
pp. 257-281 ◽  
Author(s):  
Kotapati Srinivasa Reddy ◽  
Vinay Kumar Nangia ◽  
Rajat Agrawal
Keyword(s):  
Financial Crisis ◽  
Mergers And Acquisitions ◽  
Global Financial Crisis ◽  
Cross Border

scholarly journals The global financial crisis and the behavior of short-term interest rates: International and Serbian aspects

2009 ◽  
Vol 56 (4) ◽  
pp. 491-506 ◽  
Author(s):  
Djordje Djukic ◽  
Malisa Djukic
Keyword(s):  
Financial Crisis ◽  
Interest Rates ◽  
Global Financial Crisis ◽  
Banking Industry ◽  
Developed Countries ◽  
Short Term ◽  
Cross Border ◽  
The Us ◽  
National Bank ◽  
The Global Financial Crisis

Throughout the current global financial crisis the market has continued to fall due to a lack of confidence of those banks that are not yet prepared to lend on the interbank money market. For instance, the negative repercussions of the crisis onto the Serbian financial sector have created a number of issues including a significant increase in lending rates, a difficulty, or impossibility, for the corporate sector to use cheap cross-border loans and a reduction in the supply of foreign exchange on that basis. The inability of the National Bank of Serbia to follow the aggressive reduction of the key interest rate that has been implemented by central banks in developed countries, partly explains the lack of a decline in short-term interest rates by the Serbian banking industry. The first section of the paper focuses on the effects of the financial crisis through the behavior of short-term interest rates in the US and Europe, while the second section gives an estimation of the effects of the global financial crisis on interest rates in the banking industry in Serbia.

Relationship between Cross-Border Mergers and Acquisitions and International Trade: The Case of Russian Pharmaceutical Industry

2020 ◽  
pp. 81-94
Author(s):  
Alexandra V. Chugunova ◽  
Olga A. Klochko
Keyword(s):  
International Trade ◽  
Mergers And Acquisitions ◽  
Volume Growth ◽  
Pharmaceutical Products ◽  
Pharmaceutical Companies ◽  
Cross Border ◽  
Export Volume ◽  
Relationship Of ◽  
Geographical Diversification ◽  
The Relationship

This research studies the relationship of cross-border mergers and acquisitions to international trade through the lens of Russian pharmaceutical market. To this aim, the study analyses the woks of foreign economists dedicated to evaluating the link between foreign direct investment and international trade, and the influence of mergers and acquisitions on countries’ export and import flows. The research also presents a correlation analysis between the volume of Russian pharmaceutical exports and imports and cross-border deals performed by foreign pharmaceutical companies in Russia. We characterize these deals and conduct a comparative analysis of the regional structure of Russian pharmaceutical exports and imports as well as of the countries of origin of buyers in cross-border mergers and acquisitions. The results of the analysis indicate a positive relationship between cross-border mergers and acquisitions and Russian pharmaceutical exports, which is reflected in the export volume growth and its geographical diversification. However, it is outlined that particular problems of the industry hinder the amelioration of Russian positions in international exports. Similarly, the relationship between cross-border deals and Russian imports is positive: the major pharmaceutical products supply flow occurs from the countries of origin of buyers in cross-border mergers and acquisitions conducted in the Russian pharmaceutical sector.

Sign in / Sign up

Export Citation Format

Share Document