We examine whether stress-test disclosures distort banks’risk-taking decisions. We study a model in which a regulator may choose to rescue banks in the event of concurrent bank failures. Our analysis reveals a novel coordination role of stress-test disclosures. By disclosing stress tests, a regulator informs all banks of the failure likelihood of other banks, which facilitates bank’s coordinati...

If banks have an informational monopoly about their clients, borrowers may curtail their effort level for fear of being exploited via high interest rates in the future. Banks can correct this incentive problem by committing to share private information with other lenders. The fiercer competition triggered by information sharing lowers future interest rates and future profits of banks. But, prov...

The study examines the changes to total factor productivity of Jamaican banks between 1998 and 2007. Using Data Envelopment Analysis with bootstrap to construct a Malmquist index, bank productivity is measured and decomposed into technical progress and efficiency. The results suggest an inconsistent growth pattern for banks between 1998 and 2007 driven mainly by efficiency gains in the immediat...

D uring the early 1990s bank examiners were frequently accused of being too strict with banks in New England, thereby contributing to a credit crunch in the region.1 If supervisors of New England banks were being unusually strict, they may have been reacting to public complaints of lax supervision of the savings and loan industry in the 1980s. Such complaints were rife as New England banks’ loa...

The partnership between banks and non-banks is one of the oldest and most common lateral business partnerships. While banks are looking for new markets and for cost efficient ways to implement new business models, SMEs presumably have considerable efficiency potentials within their financial processes. Some of these potentials could be realized by embedding functionality provided by banks withi...

INTRODUCTION In the past 50 years, human cardiovascular tissue allografts, also called homografts, have been implanted into patients with different valvular diseases. The use of these allografts and  the number of cardiovascular tissue banks and their respective techniques increased. We conducted a survey to establish the quantity of allografts processed, and issued by, European tissue banks. T...

Savings banks and cooperative banks are important players in the German financial market. However, we know very little about their default risk, because these banks usually resolve financial distress within their own organizations, which means that outsiders cannot observe defaults. In this paper I use a new dataset that contains information about financial distress and financial strength of al...