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Globalization of Financial Institutions: Evidence from Cross-Border Banking Performance - Softcover

Berger, Allen N

 
9781288717422: Globalization of Financial Institutions: Evidence from Cross-Border Banking Performance
Softcover
ISBN 10: 1288717423 ISBN 13: 9781288717422
Publisher: Bibliogov, 2013

Synopsis

We address the causes, consequences, and implications of the cross-border consolidation of financial institutions by reviewing several hundred studies, providing comparative international data, and estimating cross-border banking efficiency in France, Germany, Spain, the U.K., and the U.S. during the 1990s. We find that, on average, domestic banks have higher profit efficiency than foreign banks. However, banks from at least one country (the U.S.) appear to operate with relatively high efficiency both at home and abroad. If these results continue to hold, they do not preclude successful international expansion by some financial firms, but they do suggest limits to global consolidation.

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Publisher
Bibliogov
Publication date
2013
Language
English
ISBN 10 
1288717423
ISBN 13 
9781288717422
Binding
Paperback
Number of pages
120