EconPapers    
Economics at your fingertips  
 

Determinants of domestic and cross-border bank acquisitions in the European Union

Ignacio Hernando, Maria J. Nieto and Larry Wall

No 2008-26, FRB Atlanta Working Paper from Federal Reserve Bank of Atlanta

Abstract: This paper analyzes the determinants of bank acquisitions both within and across 25 members of the European Union (EU-25) during the period 1997?2004. Our results suggest that poorly managed banks (those with a high cost-to-income ratio) and larger banks are more likely to be acquired by other banks in the same country. The probability of being a target in a cross-border deal is larger for banks that are quoted in the stock market. Finally, banks operating in more concentrated markets are less likely to be acquired by other banks in the same country but are more likely to be acquired by banks in other EU-25 countries.

Keywords: Banks; and; banking; -; Europe (search for similar items in EconPapers)
Date: 2008
New Economics Papers: this item is included in nep-ban, nep-com and nep-eec
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://www.atlantafed.org/-/media/documents/resea ... s/wp/2008/wp0826.pdf (application/pdf)

Related works:
Journal Article: Determinants of domestic and cross-border bank acquisitions in the European Union (2009) Downloads
Working Paper: Determinants of domestic and cross-border bank acquisitions in the European Union (2008) Downloads
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:fip:fedawp:2008-26

Ordering information: This working paper can be ordered from

Access Statistics for this paper

More papers in FRB Atlanta Working Paper from Federal Reserve Bank of Atlanta Contact information at EDIRC.
Bibliographic data for series maintained by Rob Sarwark ().

 
Page updated 2024-05-23
Handle: RePEc:fip:fedawp:2008-26