THE PERFORMANCE OF GLOBAL BANKS IN THEIR CROSS-BORDER ACTIVITY

Andreea Popovici and Dragos Turliuc
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Andreea Popovici: Department Finance, Faculty of Economics and Business Administration, "Alexandru Ioan Cuza" University, Iasi, Romania
Dragos Turliuc: Department Finance, Faculty of Economics and Business Administration, "Alexandru Ioan Cuza" University, Iasi, Romania

SEA - Practical Application of Science, 2015, issue 7, 473-478

Abstract: The crisis that affected the global financial stability and the economy in 2007-09 has reinforced the need to rethink some of the approaches adopted by the financial community in assessing banks’ performance. The aim of this paper is to see if global banks improve their performance due to their cross-border activity, whether we speak about mergers or acquisitions of local banks or we speak about other ways a global bank begins the activity in a different country. As methodology, we will analyze the dynamic of ROAA and ROAE during 2006-2013 in the case of two global banks, Société Générale and Erste Group, and their branches in countries from Central and Eastern Europe. At the end of the paper, we will compare the results for each big bank and their branches.

Keywords: Mergers; Acquisitions; Cross-border; ROAA; Performance; ROAE (search for similar items in EconPapers)
JEL-codes: F30 G34 L10 (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:cmj:seapas:y:2015:i:7:p:473-478

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