Bank Consolidation, Internationalization, and Conglomeration: Trends and Implications for Financial Risk

By Gianni De Nicolò, Philip F. Bartholomew, Jahanara Zaman, M. Zephirin. 2004

375 citations recorded by the source corpus.

View Paper: https://www.semanticscholar.org/paper/d8bef5ca61de38d5890b468978d6862df40e3494

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Citations in the corpus

Bank Risk-Taking and Competition Revisited: New Theory and New Evidence (2007, methodology): “This latter measure may be viewed as providing a simple measure of “systemic” risks, similar to that used in De Nicolò et al. (2004).”
Consolidation in banking and financial stability in Europe: Empirical evidence (2008, methodology): “To begin with, using data on more than 100 countries over the period from 1993 to 2000 De Nicoló et al. (2004) provide empirical evidence of increased risk profiles for the five largest conglomerate financial firms and of a higher level of systemic risk potential for more concentrated banking…”
Bank Size, Market Concentration, and Bank Earnings Volatility in the US (2012, methodology): “The analysis of De Nicolo et al. (2004), which is based on data for some 100 banks over the period 1993-2000 and z-scores as proxy for riskiness, suggests that more concentrated banking sectors are more fragile.”
Bank Competition and Financial Stability: Evidence from the Financial Crisis (2016, background): “Subsequent work has focused on more direct measures, including: the number of banks (e.g., Gan (2004)), concentration ratios (e.g., De Nicoló et al. (2004), Beck et al. (2006)), the Herfindahl index (e.g., Boyd et al. (2010)), bank mergers (e.g., Garmaise and Moskowitz (2006)), and the Panzar-Rosse…”
International evidence on the impact of regulations and supervision on banks’ technical efficiency: an application of two-stage data envelopment analysis (2007, neutral): “CONC is also statistically significant and negatively related to PTE indicating that less concentrated markets are associated with increased efficiency, which in a sense is consistent with the results of De Nicolo et al. (2004), Pasiouras et al. (2006), and Yildirim and Philippatos (2006).”
The impact of bank regulations, supervision, market structure, and bank characteristics on individual bank ratings: A cross-country analysis (2006, background): “Nicolo et al. (2004) also find that highly concentrated banking systems exhibit levels of systemic risk potential higher than less concentrated systems during the period 1993‐2000, and this relationship has strengthened during the 1997‐2003 period.”
Bank Competition, Risk and Asset Allocations (2009, background): “and other industrialized country large banks by De Nicolò (2000) for the 1988-1998 period; and with international banks by De Nicolò et al. (2004). Thus, a positive relationship between bank size and risk of failure seems to have been common in both developed and developing economies during the past”