Arbeitspapier

Equity returns in the banking sector in the wake of the great recession and the European sovereign debt crisis

This study finds that equity returns in the banking sector in the wake of the Great Recession and the European sovereign debt crisis have been driven mainly by weak growth prospects and heightened sovereign risk and to a lesser extent, by deteriorating funding conditions and investor sentiment. While the equity return performance in the banking sector has been dismal in general, better capitalized and less leveraged banks have outperformed their peers, a finding that supports policymakers' efforts to strengthen bank capitalization.

ISBN
9783865589507
Language
Englisch

Bibliographic citation
Series: Bundesbank Discussion Paper ; No. 32/2013

Classification
Wirtschaft
Financial Crises
Information and Market Efficiency; Event Studies; Insider Trading
Banks; Depository Institutions; Micro Finance Institutions; Mortgages
Subject
banks
equity returns
financial crisis
sovereign risk
sovereign debt crisis
economic growth
regulatory capital
panel data econometrics

Event
Geistige Schöpfung
(who)
Chan-Lau, Jorge A.
Liu, Estelle X.
Schmittmann, Jochen M.
Event
Veröffentlichung
(who)
Deutsche Bundesbank
(where)
Frankfurt a. M.
(when)
2013

Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Chan-Lau, Jorge A.
  • Liu, Estelle X.
  • Schmittmann, Jochen M.
  • Deutsche Bundesbank

Time of origin

  • 2013

Other Objects (12)