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Globalization of Financial Institutions: Evidence from Cross-Border Banking Performance
We address the causes, consequences, and implications of the cross-border consolidation of financial institutions by reviewing several hundred studies, providing comparative international data, andExpand
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The Value of Banking Relationships During a Financial Crisis: Evidence from Failures of Japanese Banks
In this paper, we provide evidence on the value of banking relationships by examining the stock market valuation impact of three large bank failures in Japan in 1997 and 1998 on their clients and theExpand
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Globalization of financial institutions: evidence from cross-border banking performance
We address the causes, consequences, and implications of the cross-border consolidation of financial institutions by reviewing several hundred studies, providing comparative international data, andExpand
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  • 3
Federal Reserve Policies and Financial Market Conditions during the Crisis
During the recent financial crisis, the Federal Reserve implemented a series of extraordinary and unconventional policies to alleviate the impact of the crisis on financial markets and the economy.Expand
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Recent trends in deposit and loan growth: implications for small and large banks
Bank deposit growth is declining. At the end of June 2000, deposits funded only two-thirds of bank assets, compared with 77% at the end of 1992. Core deposits (total deposits less time depositsExpand
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The value of banking relationships during a financial crisis: evidence from failures of Japanese banks
In this paper, we provide evidence on the value of banking relationships by examining the stock market valuation impact of three large bank failures in Japan in 1997 and 1998 on their clients and theExpand
  • 19
  • 1
Funding small businesses through the SBIC program
"Ensuring the availability of sufficient amounts of credit for smalland medium-sized businesses, at affordable interest rates, is vital in any effort to bring this nation out of recession, create newExpand
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Issues in funding the activities of small firms through SBICs
One of the most fundamental questions in finance is how to fund firms’ investment projects. Some firms finance investment projects by using equity, while others borrow from investors and/or financialExpand
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What Is the Impact of a Low Interest Rate Environment on Bank Profitability
The economic conditions and low interest rate environment of recent years have been challenging for banks that rely on a wide spread between long- and short-maturity yields to generate earnings. TheExpand
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