Click on a term to reduce result list
The result list below will be reduced to the selected search terms. The terms are generated from the titles, abstracts and STW thesaurus of publications by the respective author.
19 records from EconBiz based on author Name
1. Structural changes in banking after the crisis
abstractThe experience of the global financial crisis, the post-crisis market environment and changes to regulatory frameworks have had a marked impact on the banking sector globally. The CGFS Working Group examined trends in bank business models, performance and market structure over the past decade, and assessed their implications for the stability and efficiency of banking markets. The report contains several key observations on structural changes in the banking sector after the crisis. First, while many large advanced economy banks have moved away from trading and cross-border activities, there does not appear to be clear evidence of a systemic retrenchment from core credit provision. Second, bank return on equity has declined across countries, and individual banks have experienced persistently weak earnings and poor investor sentiment, suggesting a need for further cost cutting and structural adjustments. Third, in line with the intended direction of the regulatory reforms, banks have significantly enhanced their balance sheet and funding resilience and curbed their involvement in certain complex activities.
Buch, Claudia M.; Dages, B. Gerard;2018
Type: Graue Literatur; Non-commercial literature;
Availability: Link
2. Does Foreign Ownership Contribute to Sounder Banks in Emerging Markets? The Latin American Experience
abstractForeign bank entrants into emerging markets are usually thought to improve the condition and performance of acquired institutions, and more generally to enhance local financial stability. We use bank-specific data for a range of Latin American countries since the mid-1990s to address elements of this claim. Across the seven largest countries, we find that the financial strength ratings of local banks acquired by foreign entities generally show a slight improvement relative to their domestic counterparts. Our more in-depth case studies of Chile, Colombia, and Argentina do not indicate striking differences in health between larger foreign and domestic retail-oriented banks (although state banks are noticeably weaker). However, foreign banks often have higher average loan growth, higher average provisioning expense, and greater loss-absorption capacity. These results suggest that foreign ownership may provide important positive influences on the stability and development of emerging market banking systems
Crystal, Jennifer; Dages, B. Gerard; Goldberg, Linda S.;2014
Availability: Link Link
Citations: 35 (based on OpenCitations)
3. Foreign and Domestic Bank Participation in Emerging Markets : Lessons from Mexico and Argentina
abstractThe Asian Crisis has highlighted the importance of strong domestic financial systems in overall economic development and stabilization. Less agreement is evident on the role of foreign banks in achieving this goal. We explore this issue by studying bank-specific data on lending by domestically- and foreign-owned banks in Argentina and Mexico. We find that foreign banks generally have had higher loan growth rates than their domestically-owned counterparts, with lower volatility of lending, contributing to lower overall volatility of credit. Additionally, in both countries, foreign banks show notable credit growth during crisis periods. In Argentina, the loan portfolios of foreign and domestic privately-owned banks are similar, and lending rates analogously respond to aggregate demand fluctuations. In Mexico, foreign and domestic banks with lower levels of impaired assets have similar loan responsiveness and portfolios. State-owned banks (Argentina) and banks with high levels of impaired assets (Mexico) have more stagnant loan growth and weak responsiveness to market signals. Overall, these findings suggest that bank health, and not ownership per se, is the critical element in the growth, volatility, and cyclicality of bank credit. Diversity in ownership appears to contribute to greater stability of credit in times of crisis and domestic financial system weakness
Goldberg, Linda S.; Dages, B. Gerard; Kinney, Daniel;2010
Availability: Link
4. Does foreign ownership contribute to sounder banks in emerging markets? : the Latin American experience
abstractForeign bank entrants into emerging markets are usually thought to improve the condition and performance of acquired institutions, and more generally to enhance local financial stability. We use bank-specific data for a range of Latin American countries since the mid-1990s to address elements of this claim. Across the seven largest countries, we find that the financial strength ratings of local banks acquired by foreign entities generally show a slight improvement relative to their domestic counterparts. Our more in-depth case studies of Chile, Colombia, and Argentina do not indicate striking differences in health between larger foreign and domestic retail-oriented banks (although state banks are noticeably weaker). However, foreign banks often have higher average loan growth, higher average provisioning expense, and greater loss-absorption capacity. These results suggest that foreign ownership may provide important positive influences on the stability and development of emerging market banking systems.
Crystal, Jennifer S.; Dages, B. Gerard; Goldberg, Linda S.;2001
Type: Arbeitspapier; Working Paper; Graue Literatur; Non-commercial literature;
Availability: Link
5. Foreign and domestic bank participation in emerging markets : lessons from Mexico and Argentina
Goldberg, Linda S.; Dages, B. Gerard; Kinney, Daniel;2000
Type: Arbeitspapier; Working Paper; Graue Literatur; Non-commercial literature;
Availability:
6. Foreign and Domestic Bank Participation in Emerging Markets : Lessons from Mexico and Argentina
abstractThe Asian Crisis has highlighted the importance of strong domestic financial systems in overall economic development and stabilization. Less agreement is evident on the role of foreign banks in achieving this goal. We explore this issue by studying bank-specific data on lending by domestically- and foreign-owned banks in Argentina and Mexico. We find that foreign banks generally have had higher loan growth rates than their domestically-owned counterparts, with lower volatility of lending, contributing to lower overall volatility of credit. Additionally, in both countries, foreign banks show notable credit growth during crisis periods. In Argentina, the loan portfolios of foreign and domestic privately-owned banks are similar, and lending rates analogously respond to aggregate demand fluctuations. In Mexico, foreign and domestic banks with lower levels of impaired assets have similar loan responsiveness and portfolios. State-owned banks (Argentina) and banks with high levels of impaired assets (Mexico) have more stagnant loan growth and weak responsiveness to market signals. Overall, these findings suggest that bank health, and not ownership per se, is the critical element in the growth, volatility, and cyclicality of bank credit. Diversity in ownership appears to contribute to greater stability of credit in times of crisis and domestic financial system weakness
Goldberg, Linda; Dages, B. Gerard; Kinney, Daniel;2000
Availability: Link Link
Citations: 76 (based on OpenCitations)
7. Foreign and Domestic Bank Participation in Emerging Markets : Lessons from Mexico and Argentina
abstractIt is generally agreed that strong domestic financial systems play an important role in attaining overall economic development and stabilization. The role played by foreign banks in achieving this goal, however, is still controversial. This article brings new evidence to the debate over foreign participation by examining the lending patterns of domestic and foreign banks in Argentina and Mexico during the 1990s. The authors conclude that foreign banks in both countries typically have stronger and less volatile loan growth than their domestic counterparts. The corollary to this finding, however, is that bank health - not ownership per se - is the critical element in the growth, volatility, and cyclicality of bank credit. Still, diversity of ownership is found to contribute to greater credit stability in times of financial system turmoil and weakness
Dages, B. Gerard; Goldberg, Linda S.; Kinney, Daniel;2006
Availability: Link
8. Has Foreign Bank Entry Led to Sounder Banks in Latin America?
abstractPolicymakers continue to debate the merits of opening emerging market financial sectors to foreign ownership. A comparison of the 1995-2000 performance of foreign and domestic banks in select Latin American countries reveals that while foreign banks differed little from their domestic counterparts in overall financial condition, they showed more robust loan growth, a more aggressive response to asset quality deterioration, and a greater ability to absorb losses - characteristics that could help to strengthen the financial systems of their host countries
Goldberg, Linda S.; Crystal, Jennifer; Dages, B. Gerard;2005
Availability: Link
9. Has foreign bank entry led to sounder banks in Latin America?
Crystal, Jennifer S.; Dages, B. Gerard; Goldberg, Linda S.;2002
Availability: Link
10. Has foreign bank entry led to sounder banks in Latin America?
Crystal, Jennifer S.; Dages, B. Gerard; Goldberg, Linda S.;2002
Type: Aufsatz in Zeitschrift; Article in journal;