By Philip Molyneux, Eleuterio Vallelado
In contemporary globalized financial system, banking is of excessive overseas significance. This booklet brings jointly topical matters in banking corresponding to reform in China, digital funds and mortgage pricing, and highlights key coverage and examine within the box.
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Additional resources for Frontiers of Banks in a Global Economy (Palgrave Macmillan Studies in Banking and Financial Institutions)
Obviously, it is important to mention that the limits inherent to the financial indicators are such that the prices of the inputs are not taken into consideration, which is not the case for the cost efficiency analysis. 85 The reduction of non-interest costs seems more difficult to achieve for the reasons stated previously. Moreover, this could also relate to the existence of a Banking M&As’ Performance in Europe 35 number of savings banks and other proximity banks that depend strongly on their branching.
ROA is a good overall indicator of a banking organization’s performance that illustrates the ability of a bank to generate profits from the assets at its disposal. It has the disadvantage, however, of not accounting for the profits generated from the off-balance sheet operations. ROE is an alternative measure of profitability designed to reflect the return to owners’ investment. It also has the disadvantage that the denominator may vary substantially across banks, even those of identical size, due to the discretionary choices by management as to the mix between equity and debt capital as well as the total amount of capital held by a firm.
The deterioration of the acquirers’ scores is more pronounced in the diversifying transactions type. The targets, instead, improve their cost efficiency scores for both transactions types. The improvement is more pronounced when banks focus the same activities. Clearly, it is easier for cross-border transactions to improve cost efficiency when banks focus the same activities. 84 The deterioration of profit efficiency scores is more pronounced for the acquirers. When looking at focusing versus diversifying M&A transactions, both failed to improve profit efficiency scores for the acquirers.
Frontiers of Banks in a Global Economy (Palgrave Macmillan Studies in Banking and Financial Institutions) by Philip Molyneux, Eleuterio Vallelado